Deep Dive
1. Exchange Delisting Pressure (Bearish Impact)
Overview: Bitget delisted BAD/USDT on 12 July 2025 (source), suspending deposits and spot trading bots. While withdrawals remain open until October 2025, the move reduced immediate liquidity and signaled diminished exchange confidence.
What this means: Delistings often trigger panic selling as traders exit positions preemptively. BAD’s 24h volume rose 9.08% to $1.06M during the decline, suggesting sell-offs outweighed buyers. With altcoins’ 30-day dominance down -12.99%, weaker projects face amplified downside.
2. Scam Fallout & Trust Erosion (Bearish Impact)
Overview: In May 2025, the Shiba Inu team warned about fraudulent BAD token portals impersonating its official partner (source). While resolved, residual skepticism persists.
What this means: Trust is critical for speculative assets like BAD. The scam alerts likely deterred new investors and pressured existing holders to exit. Social media trends (e.g., “Most Popular” tags on Crypto.com) failed to offset this, as seen in BAD’s -36.48% 90d return.
3. Technical Breakdown (Mixed Signals)
Overview: BAD trades at $0.00000000601, below all key moving averages (7-day SMA: $0.00000000681). The 14-day RSI at 26.37 signals oversold conditions, but bearish MACD divergence (-0.00000000010777 histogram) suggests momentum remains negative.
What this means: While oversold levels hint at potential relief, the lack of bullish catalysts (e.g., partnerships, protocol upgrades) limits upside. Fibonacci retracement shows resistance at $0.00000000762 (38.2% level), requiring a 26% rally to test.
Conclusion
BAD’s decline reflects dwindling exchange support, lingering scam-related distrust, and weak technical structure. While oversold conditions could spark a short-term bounce, the absence of fundamental drivers keeps risks skewed downward.
Key watch: Can BAD stabilize above its 2025 low of $0.00000000593, or will delisting-related outflows push it to new lows?