Andrew Tate's cryptocurrency plunged almost 20% despite massive interest
Daddy Tate (DADDY) is associated with social media celebrity and former professional kickboxer Andrew Tate aka Top G.
Much of the interest is due to Tate's promotional efforts, which have driven the price up.
DADDY's price continued to rise, surpassing pop singer Iggy Azalea's MOTHER, with Tate releasing a post on X (Twitter) in which statements "that"he never saw mom beat dad".
It was on June 15 announced from Tate that in its learning platform "The Real World” will soon be accepting DADDY for membership. The news was reflected in the price of the coin, which rose by 30% in just 2 days
As for the DADDY currency, it is trading at $0.1566 at the time of writing, down over 18% in the last 24 hours.
Meanwhile, a known X user, under the alias lyx.eth or DexGemsReal, emphasized the similarities between DADDY and the popular meme token Pepe (PEPE) , suggesting that Tate's cryptocurrency could potentially reach similar price levels.
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Last crypto market crash before the big recovery, comparison of 2024 and 2016Despite price fluctuations, interest in Andrew Tate's cryptocurrency meme remains high, with the number of DADDY holders increasing to over 39,000 people, based on recent data on Solscan.
Investors should keep in mind that the crypto market can be highly volatile, especially with newer tokens that can be heavily influenced by public statements from popular figures. It is essential to do thorough research and be aware of the risks involved when investing in such assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
