Shiba Inu Latest Partner Receives Support from Phoenix, What’s to Expect?

Shiba Inu Latest Partner Receives Support from Phoenix, What's to Expect?

Poloniex, a well-known centralized trading platform has backed Bad Idea AI, Shiba Inu’s newest official partner. The Shiba Inu partner token, according to the announcement made earlier today, is the most recent digital asset on the Poloniex exchange. However, the only trading pair for the token that the exchange currently supports is BAD/USDT.

This means that on the Justin Sun-supported cryptocurrency exchange, customers can only trade BAD for Tether USD (USDT). Notably, Poloniex enabled deposits for BAD at 11:00 am (UTC) this morning but the platform began allowing customers to trade BAD/USDT fully at 12:00 (UTC) today. 

For those unfamiliar, BAD is the Bad Idea AI ecosystem’s native currency. The current position is #2487 on CoinMarketCap, with a live market cap that is not provided. Also, the circulating supply is not available but the maximum supply is 831,041,059,897,327 BAD coins.

Related Reading: Shiba Inu: A Multi-Year Price Forecast and Ecosystem Developments

Shiba Inu Community Reaction to the News

The thriving Shiba Inu community is thrilled with the most recent development. The SHIB marketing specialist Lucie took the reins of the celebration. She urged the ShibArmy to celebrate Bad Idea AI’s most recent feat by retweeting the listing update. BAD is “gearing up for a massive bull run,” Lucie continued, highlighting the asset’s positive outlook. The well-known promoter predicts that BAD will soon be supported by other leading exchanges on their trading platforms. “Bigger listings coming,” said Lucie.

It’s noteworthy that, as reported, the AI-based project joined the Shiba Inu ecosystem earlier this month. While this is happening, the Shibarium-related project recently completed and passed its security smart contract audit. The BAD team intends to translate its AI model into a tangible form now. To accomplish this, a partnership with Shiba Inu’s Shibacals NFT platform has been established. 

BAD has increased by 1.64% over the previous 24 hours and is currently trading at $0.00000002617 at the time of reporting. From its peak on June 2, the token has increased by 1,717%.

BAD is up 1.64% in the last 24 hours. Source: CoinMarketCap

Read Also: Is Shiba Inu Shibarium Network Launch Imminent? Check for Details

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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