The cryptocurrency that grew by 500% in August is named

Crypto industry analysts note that in August, the Bad Idea AI (BAD) virtual coin demonstrated fantastic growth. The token has become one of the best performers on the cryptocurrency market, growing by almost 500%. The all-time high (ATH) price was reached at $ 0.19. However, after that, the value of the digital token was adjusted to $ 0.14.

According to CoinMarketCap, at the time of writing, the cryptocurrency is trading at $ 0.16 with a market capitalization of $ 89.11 million. Traders made daily trading deals worth $ 6.19 million. Such indicators allowed Bad Idea AI (BAD) to rapidly break into the top 300 of the world’s best cryptocurrencies and settle at the 282nd position.

The digital coin gained popularity at the end of July when Shiba Inu developers added the project to the official list of partners. The project’s lead developer, Shitoshi Kusama, said that he would use artificial intelligence technology from Bad Idea in a speech at the Blockchain Futurist Conference 2023.

In addition, the developer noted that BAD will play a key role in the next stage of development of the Shiba Inu ecosystem. The support of a leading expert helped the cryptocurrency to attract the attention of world-famous exchanges and traders. According to The Crypto Basic, BAD is available for trading on Poloniex, ShibaSwap, Bitmart, and Uniswap V2.

According to LookOnChain, the number of digital currency holders has recently reached the grandmaster mark of 10.5 thousand. The largest of them holds 120.3 trillion BAD on their wallets, controlling 14.5% of the total number of tokens circulating on the market.