DADDY Meme Coin Surpasses 50,000 Holders as Andrew Tate Plans Airdrop

DADDY Meme Coin Hits 50,000 Holders with Andrew Tate’s Airdrop in Sight

DADDY Meme Coin – In the midst of Bitcoin’s recent drop to $53,500, Andrew Tate’s Daddy Tate (DADDY) meme coin is proving its resilience with only a modest 5.64% decrease over the last 24 hours. This contrasts sharply with the broader cryptocurrency market, where major players like Ethereum (ETH) and Solana (SOL) are experiencing significant downturns.

Real Nigger Tate (RNT) Surges 17% Amidst Airdrop Anticipation

Meanwhile, Tate’s other meme coin, Real Nigger Tate (RNT), has surged over 17%. The anticipation of an upcoming airdrop seems to be boosting both of Tate’s meme coins.

Andrew Tate Unveils Plans For The Real World (TRW) Token

According to data from DEX Screenr, DADDY’s market cap has now reached approximately $115 million, surpassing the 50,000 holder mark. This milestone is particularly noteworthy as Bitcoin faces its second-largest liquidation event in history.

Bold Aspirations: $1 Billion Market Cap Forecasted

Tate has even bolder aspirations, forecasting a $1 billion market cap for DADDY. Alongside this, controversial social media influencer Andrew Tate has announced an airdrop for The Real World (TRW) token, backed by his educational business. Tate claims that TRW’s value will be directly tied to his enterprise’s profits, which reportedly total about $20 million per month.

Regulatory Scrutiny Looms

However, these ambitious plans have not gone unnoticed. Crypto investor Luke Martin has voiced concerns about potential regulatory challenges from the US Securities and Exchange Commission (SEC).

Confident Despite Challenges

Despite potential legal hurdles, Tate remains confident in his ability to handle SEC inquiries.

Insider Trading Concerns

On-chain analytics platforms such as Lookonchain and Bubblemaps have raised alarms about insider activities related to DADDY. Lookonchain highlighted a significant transaction where an insider sold 15.14 million DADDY coins for about $1.74 million, after acquiring them for a mere $1,950. This transaction resulted in a profit increase of nearly 2,875 times. Moreover, Bubblemaps identified suspicious trading patterns around DADDY’s launch, indicating that insiders had secured 30% of the total supply before Tate’s promotional activities began.

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