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?
Shiba Inu and Bad Idea: What’s the Relationship?
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.
Moreover, Shiba Inu’s marketing strategist, Lucie, has also recently highlighted the partnership between both projects, pushing the community to vote in favor of a free audit for BAD through CertiK.
