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<\/p>\n
- \n
- Shiba Inu could add another utility to its ecosystem with AI.<\/em><\/li>\n
- Inasmuch, non-zero addresses could increase again.<\/em><\/li>\n<\/ul>\n
Shiba Inu\u2019s [SHIB]<\/span><\/a> mission to be recognized as much more than just a meme has taken another turn. But this time, the network isn\u2019t trying to expand on <\/span>Shibarium\u2019s<\/span><\/a> functionalities or create more lands in the Metaverse.<\/span><\/p>\n
\nRead <\/span>Shiba Inu\u2019s [SHIB] Price Prediction<\/span><\/a> 2023-2024<\/span><\/p>\n
\nIs AI the next move for SHIB?<\/b><\/h4>\n
Instead, Shiba Inu is trying to get involved in the budding Artificial Intelligence (AI) sector. According to Bad Idea AI, SHIB\u2019s lead developer Shytoshi Kusama was on its Telegram channel as both projects seemed to be collaborating on a new initiative for Shiba Inu.<\/span><\/p>\n
\n
Todays update from @ShytoshiKusama<\/a> in the @badideaai<\/a> #Telegram<\/a> <\/p>\n
\u201cGreat meeting with @MrLightspeed<\/a> and some key members of the $Bad<\/a> Ai Team to push forward on the secret and not so secret ai initiatives for $Shib<\/a>. Thanks for all the hard work gents!\u201d pic.twitter.com\/CkVvjb6aGt<\/a><\/p>\n
\u2014 Bad Idea Ai (@badideaai) October 4, 2023<\/a><\/p>\n<\/blockquote>\n
Bad Idea AI considers itself as a Blockchain+AI+DAO project. Hence, the name \u201cBad.\u201d According to its official website, its token BAD could become the first true AI token combining the powers of AI, blockchain, and DAO.<\/span><\/p>\n
Also, the project\u2019s X (formerly Twitter) page revealed that it could soon hit 140,000 BAD holders, with speculation going around that many SHIB faithful are also involved. <\/span><\/p>\n
However, this move may not be bewildering, considering how the AI sector of the cryptocurrency sector performed earlier in the year.<\/span><\/p>\n
Although the narrative around AI tokens has gone, Shiba Inu\u2019s involvement with the project could have some impact on its network. One metric that could be significantly influenced by Shiba Inu\u2019s involvement in AI is the addresses with Non-Zero Balance.<\/span><\/p>\n
The Non-Zero Balance calculates the number of unique addresses holding a positive number of tokens or coins. Over the last five months, SHIB\u2019s non-zero addresses have <\/span>increased<\/span><\/a> from 1.27 million to 1.34 million, Glassnode showed.<\/span><\/p>\n
![\"Number](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/10\/glassnode-studio_shiba-inu-number-of-addresses-with-a-non-zero-balance.png\")
<\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\n
To bring more attention?<\/h4>\n
This increase is testament to the surge in Shiba Inu\u2019s adoption. For now, the number may not significantly increase because of Bad Idea AI\u2019s influence. However, if 2023 Q1\u2019s AI explosion comes back, then it could be possible to see another <\/span>major<\/span><\/a> hike in SHIB\u2019s non-zero addresses.\u00a0<\/span><\/p>\n
Another metric that could be affected by the development is Social Dominance, which measures the share of discussions about an asset compared to others in the top 20 per market cap.<\/span><\/p>\n
Over the last three months, SHIB\u2019s <\/span>Social Dominance<\/span><\/a> had reached tops of 2.68%, 2.29%, and 2.11%, respectively, at different intervals. While the metric was no longer at these heights, Santiment showed that it improved from the last three days to 0.796%.<\/span><\/p>\n
\nIs your portfolio green? Check out the <\/span>SHIB Profit Calculator<\/span><\/a><\/p>\n
\nThis increase meant that SHIB was still part of the tokens with a considerable level of hype in the market. So, without BAD, SHIB could boast of the attention a lot of the tokens lacked.\u00a0<\/span><\/p>\n
- Inasmuch, non-zero addresses could increase again.<\/em><\/li>\n<\/ul>\n
![\"Shiba](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/10\/SHIBA-INU-SHIB-09.39.32-05-Oct-2023.png\")