Shiba Inu Partner BAD Skyrockets 20% Daily: Here's Why
Recently, a token that’s closely related to the Shiba Inu ecosystem has been making headlines. The cryptocurrency in question is called BAD, and it’s short for Blockchain + AI + DAO.
Throughout the past 24 hours alone, BAD’s price is up 20%, bringing its total monthly gains up to around 440%. But why?
Right off the bad, it’s important to note that BAD is a token that brings forward a decentralized experiment, seeking to combine Blockchain, Artificial Intelligence (AI), and Decentralized Autonomous Organizations (DAOs) in a “risky, meme-worth concoction.”
In essence, the planning of the project, as well as other tasks, are handed to the community.
There’s also been a notable relationship between BAD and Shiba Inu. Earlier in August, the lead developer of SHIB – Shytoshi Kusama – pointed out how he sees the partnership going forward.
BAD has more to do with our next phase than just a silly voice in a keynote. It’s about being thought leaders in a world of copycats.
Why is BAD Price Pumping?
BAD’s been on a roll during the last 30 days, as the cryptocurrency has surged by more than 440% throughout the period.
As it can be seen in the chart above, the surge started more or less when Kusama posted about the long-term plans of Shiba Inu, including Bad Idea.