Shiba Inu partner Bad Idea AI recently garnered significant attention across the global crypto realm as its native token, BAD, rallied nearly 20%. This phenomenal price rally comes primarily attributed to a listing announcement unveiled by a renowned cryptocurrency exchange, GateIO, which appears to be fueling market optimism for the token.

Bad Idea AI is an innovator in AI technology, facilitating solutions that jack up decentralized autonomous organizations (DAOs). Following its partnership with Shiba Inu, a prominent meme-based cryptocurrency, the project marked a storm of breakthroughs within the cryptocurrency realm.

GateIO Extends Support For BAD

According to the official announcement shared by GateIO, the new listing, BAD/USDT, commenced trading starting 9:00 AM UTC today. This announcement by the CEX showcased the firm’s efforts to offer support to the token. In turn, BAD’s price rallied remarkably, as mentioned above.

#Gateio New Listing: $BAD @badideaai

Trading Starts: 9:00 AM on March 27th (UTC), 2024

Trade Here: https://t.co/rgC2ZRa2OS#NewListing #GateioStartup #Launchpad pic.twitter.com/ZrY0r6LsGm

— Gate Startup (@Gateio_Startup) March 27, 2024

Meanwhile, as seen previously, GateIO’s listing chronicles appear to have an optimistic market effect on tokens. Earlier this month, with the CEX commencing margin trading for Shiba Inu’s BONE token, even Shibaswap’s BONE price rallied nearly 10%. Bad Idea AI token’s today’s surge further falls in line with this. Conspicuously, BAD’s rally also aligned with Shiba Inu’s broader uptrend in the market.

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BAD Token Rallies

As of writing, the Bad Idea AI token surged a whopping 18.18% in the past 24 hours and is currently standing at $0.00000006627. Coupled with a 24-hour trading volume surge of 69.22% and a market cap jump of 17.07%, the token sparkled with bullishness.

The project’s listing manager, going by the name Mr. Lightspeed, further took to a post on X, claiming the listing to be a monumental stride for Bad Idea AI. In conjunction with S.A.R.A.H, an AI chatbot resulting from the collaboration with Shiba Inu, the project additionally anchors its foothold across the industry. Meanwhile, its partner Shiba Inu also noted phenomenal gains, as spotlighted by Ethereum co-founder Vitalik Buterin today.

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The post Shiba Inu Partner Bad Idea AI (BAD) Rallies 20% As GateIO Unveils Listing appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am