Track market-moving stories before they get noisy

DADDY Token Falls 24% On Tate Brothers’ Arrest and New UK Charges

The meme coin frenzy in the cryptocurrency world led to a Solana craze in March. Starting with DOGE and continuing with SHIB and PEPE, the trend evolved into a large-scale Solana meme coin event. Thousands of new cryptocurrencies were created, some influenced by famous personalities. Recently, Andrew Tate’s statements and shares significantly impacted the market, leading to the rise of a millionaire.

Is It the Andrew Tate Effect?Recently, significant information about Daddy Tate (DADDY) caused rumors in the market. Insiders in the cryptocurrency world, like in the economic world, are known to make substantial gains.

An investor, believed to have similar insider information, turned a $2,000 investment into $1.74 million through an incredible rise. Andrew Tate, who has millions of followers and occasionally makes notable cryptocurrency statements, was at the core of this cryptocurrency. The investor leveraged the significant interest in Daddy Tate. Interestingly, this occurred despite Andrew Tate having no organic connection to the cryptocurrency.

Lookonchain offered a different perspective, suggesting the person might have insider information.

Lookonchain, examining the investor’s moves, identified three wallet addresses. The investor bought 29.8 million DADDY tokens, equivalent to about 13 Solana, and made several moves afterward.

The investor’s moves are noteworthy. Initially selling some of the cryptocurrencies, the investor might have divided and later combined the tokens to avoid attention. Within 24 hours, the investor sold most of the remaining tokens for approximately 12,000 SOL, making a $1.74 million profit.

More importantly, the investor still holds 13.96 million DADDY tokens worth over $2.8 million, potentially reaching a total profit of $5.6 million if sold today.

How Much Is the Meme Coin Worth?Daddy Tate, part of the Solana craze, increased by 3.5% in the last 24 hours. After the rise, the price reached $0.2452. Daddy Tate’s market cap also increased similarly, surpassing $247 million.

More importantly, the 24-hour trading volume reached $82 million, making it the 82nd most traded cryptocurrency according to Coinmarketcap data.

Despite these developments and the emergence of millionaires, it’s essential to remember that meme coins can sometimes lead to negative outcomes. Investors should be cautious, as those entering the market late may incur losses despite others’ significant gains.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Meme cryptocurrency Daddy Tate (DADDY), linked to former kickboxer and social media personality Andrew Tate, continues to reach new milestones despite ongoing controversies.

Notably, the number of holders of the meme coin has surged, reaching 34,266 as of June 17, according to the latest data retrieved from Solscan.

A breakdown of the holders shows the concentration of most tokens in a few addresses. Specifically, 25.23% of DADDY’s supply is held by 10 addresses, while the remaining 74.76% amounts to 448,045,509.21 tokens spread among other holders.

DADDY holders summary. Source: Solscan DADDY insider trading controversy  The milestones achieved by the Solana (SOL)-based token have sparked suspicion, particularly regarding insider trading claims. 

Bubblemaps, an on-chain analytics firm, provided controversial data suggesting that insiders bought 30% of the supply at market launch, just hours before Tate began promoting the token on X. Additionally, Bubblemaps reported that Tate sent 40% of the total supply to a wallet but promised not to sell any of his tokens.

DADDY transaction history. Source: Bubblemaps However, concerns persist about a potential crash if Tate decides to sell his holdings, valued at over $60 million. These concerns are heightened by the fact that similar incidents have occurred with other celebrity-related meme coins.

For instance, the MOTHER token, linked to rapper Iggy Azalea, crashed by over 50% from its all-time high. This crash allowed DADDY to surpass MOTHER in market capitalization.

Meanwhile, Tate has vowed to help push the token’s market capitalization to $1 billion. He has also alleged that once the market cap hits a point where the 40% he holds is worth $100 million, he will burn it.

DADDY price analysis Meanwhile, the coin has experienced a significant price decline, marked by high volatility and substantial downward movement. Despite a slight recovery towards the end of the period, the overall trend remains negative. 

As of press time, DADDY had corrected almost 22%, while over the past 24 hours, the token is down less than 1%, trading at $0.18. 

DADDY seven-day price chart. Source: CoinMarketCap A review of the weekly chart shows initial support around the $0.24 level, which eventually failed. The price found temporary support around $0.15 before recovering slightly and currently faces resistance at $0.20.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Andrew Tate’s DADDY Meme Coin Plummets 60% Despite Utility Plans

The memecoin project Mother Iggy (MOTHER), launched by Iggy Azalea, has managed to surpass the Daddy Tate (DADDY) project, launched by Andrew Tate, in terms of market value. This week, MOTHER quickly recovered, gaining over 35% in value, while DADDY fell behind, losing 20% amid market volatility.

What’s Happening in the Solana Ecosystem?According to DEX Screener data, DADDY’s market value is currently notable at $69.7 million. On the other hand, MOTHER has a slight advantage with a valuation of $75.7 million. Despite fierce competition, MOTHER has shown remarkable resilience and recovery, in sharp contrast to DADDY’s decline.

Initially, DADDY surpassed MOTHER in market valuation due to the excitement following its launch, but recent trends have reversed this situation. Andrew Tate, known for his controversial statements, had previously shared his reasons for supporting DADDY:

“I heard about a token called MOTHER, so now I’m supporting a token called DADDY in the name of patriarchy.”

Currently, DADDY has 41,930 asset holders, surpassing MOTHER’s 27,056 wallets. Tate hinted at a possible surprise that could lead to a significant token burn if DADDY reaches 50,000 token holders, sparking curiosity among his followers.

Details of the CompetitionWith all these developments, both celebrities are integrating their memecoin projects into a broader process. On June 10, Iggy Azalea announced that the telecommunications company Unreal Mobile would accept MOTHER and Solana (SOL) for purchasing phones and monthly cell phone plans. This move is supported by a partnership with Sphere Labs, aiming to include cryptocurrency in daily transactions.

Simultaneously, Andrew Tate is exploring the benefits of converting DADDY into a non-fungible token (NFT) to significantly reduce its supply. He plans to do this along with a burn system on the asset.

Additionally, Tate plans to integrate Real World University for DADDY, offering exclusive access and potential staking rewards to token holders. This approach aims to create daily cryptocurrency rewards for university members and further enhance the token’s appeal.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

In a milestone achievement for the controversial influencer, Andrew Tate’s cryptocurrency Daddy Tate (DADDY) has surpassed $120 million in market capitalization, marking a notable moment for the token benefitting from Tate’s massive social media following and recognizable brand.

Specifically, DADDY’s market cap has recently hit $124.57 million, rising over 35% in a single day and over 80% across the past week, according to the most recent information retrieved by Finbold from the crypto sector monitoring and analytics platform CoinMarketCap on July 4.

DADDY market cap 24-hour chart. Source: CoinMarketCap Andrew Tate Twitter fame boosts DADDY Indeed, launched weeks ago, this crypto token has captured significant attention and experienced a swift ascent in value, allowing its early investors to quickly reap substantial returns, including one that turned $2,000 into $1.74 million, as well as adding to Andrew Tate net worth.

On top of that, it has managed to amass a 47,600-strong holder community, according to the latest data retrieved from Solscan, which represents an increase of nearly 40% since June 17, when Finbold last reported on its performance in terms of holders.

Interestingly, a further breakdown of the holders’ numbers shows the concentration of most tokens in a few addresses, with 25.36% of the DADDY supply held by 10 addresses, while the remaining amount of 74.63% or 447 million tokens belongs to other holders.

DADDY holders summary. Source: Solscan DADDY price analysis At press time, the Daddy Tate token was trading at the price of $0.2181, which indicates a growth of 34.63% in the last 24 hours, advancing 86.03% across the past seven days, as it reduces its monthly chart losses to 7.94%, while the rest of the market is struggling amid a bearish trend.

DADDY price 7-day chart. Source: CoinMarketCap All things considered, Andrew Tate’s crypto token has soared sky-high thanks to the former professional kickboxer’s fame, testifying to the power of influencer-driven financial ventures in the digital age. However, it is not without risks, so doing one’s own research and understanding these risks is crucial.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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The value of the Daddy Tate (DADDY) has been closely linked to Andrew Tate’s online and offline activities since its launch in June 2024. 

For example, when the controversial influencer announced on X that the meme coin would soon be accepted as payment in the real world, the cryptocurrency exploded in value by some 30%. 

More recently, DADDY saw another rally as the Tate brothers revealed they are, after more than a year, free to leave Romania. 

The cryptocurrency built on Solana (SOL) rapidly rallied from about $0.1818 to above $0.24, leading some investors to believe it is about to truly take off, possibly matching the success of Pepe (PEPE) as some analysts have predicted.

Trading since has, however, been substantially more choppy, and instead of continuing the rise, DADDY saw a significant decline to its press time price of $0.1658. Additionally, despite still being in the green on the weekly chart, the meme coin is 31.52% below its July 5 highs.

DADDY 7-day price chart. Source: CoinMarketCap If quantified using the meme coin’s market capitalization, such movements indicate that the cost of Andrew Tate’s freedom for DADDY holders runs as high as $40 million as the cryptocurrency fell from approximately $142 million to $97 million between July 5 and 10.

The love and hate of Andrew Tate There are multiple possible explanations for DADDY’s behavior after Friday, not the least of which is that, as a meme coin, it is subject to rapid and often inexplicable price changes. 

Nonetheless, a part of the reason for the swift expiry of the rally may be that the news of Tate’s release from Romania has quickly been dampened by the clarification that he is still to remain within the EU and by the since-publicized tax evasion accusation against the brothers.

Additionally, Andrew Tate’s uncertain attitude toward the crypto market may also play a part. 

Indeed, while actively engaging with cryptocurrencies – so much so that he once announced he would be abandoning fiat in favor of coins and tokens such as Bitcoin (BTC) and Ethereum (ETH) – he has also repeatedly ridiculed them.

Though Tate criticized the crypto community as childish and focused solely on quick profits, it would be hard to see his own frequently belligerent comments and his stated intent to ‘crash’ Solana as much more mature.

Finally, DADDY may have also been hampered by the fact that outside of his fanbase, Andrew Tate is generally seen as a shady grifter, which is bound to impact any project he is associated with.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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Andrew Tate’s DADDY Meme Coin Bounces 70% After Hitting All-Time Lows

Popular altcoins suffered a harsh reversal on Sunday, Sep. 29 as the recent Bitcoin surge stalled a few points below $66,000.

Jasmy, Daddy Tate, and Reef reverse JasmyCoin (JASMY), the popular Japanese coin, retreated to $0.02326, down by 8% from its highest level on Saturday. 

Daddy Tate (DADDY), the meme coin associated with controversial social media personality Andrew Tate, fell to an intraday low of $0.1147. Reef (REEF) dropped to $0.0052. 

Some of this month’s top gainers also dropped sharply — a sign that some traders were starting to take profits. Moo Deng (MOODENG), the viral hippo-themed meme coin, declined by 17% while LandWolf (WOLF) fell by over 10%.

As a result, the total market cap of all cryptocurrencies tracked by CoinGecko retreated by almost 2% to $2.4 trillion. 

Still, cryptocurrencies have been some of the best assets this month. Bitcoin rose by over 20% from its lowest point during the month and remains about 10% below the all-time high. The rally explains why most altcoins have bounced back since in the last bullish cycles, many of these coins tend to do better. 

Santiment warning There are two possible reasons why altcoins like Jasmy, Reef, and Daddy Tate retreated. First, Santiment warned that Bitcoin may struggle to hit its all-time high, citing the rising bullish posts about Bitcoin on social media. 

While bullish sentiment on social media is often seen as good, Santiment warned that markets historically move in the opposite direction of crowd expectations.

https://twitter.com/santimentfeed/status/1840196477127172139

Technically, there are also concerns that Bitcoin may find resistance at the descending trendline that connects the highest swings since March. Failure to flip that level would likely push it substantially lower, dragging other altcoins with it. 

On the positive side, a break above that level — as some analysts predict — will push it to the next resistance point at $70,000 followed by its all-time high. 

Second, these tokens retreated because of profit-taking among investors because of the recent surge. At its highest point this month, Reef was up by over 1,018% from its lowest point. Similarly, Jasmy was up by 48% while Daddy Tate was up by 144%.

Historically, altcoins tend to retreat after staging a strong rally. For example, on-chain data shows that a Jasmy whale moved tokens worth $1.5 million to Coinbase. The other three wallets moved tokens with a combined value of $4.5 million to Coinbase in the last 24 hours.

Similar to the wider crypto market, most meme coins performed terribly throughout February. The drawdown witnessed by these meme tokens even led to some forming new all-time lows. However, there is an opportunity in this downtrend that is seemingly coming to an end.

BeInCrypto has analyzed five meme coins that could make their way back up and recover their losses in March. Their recovery also relies on investor participation and the support altcoins receive to strengthen the meme coin sector. Chef Kids, Head of PancakeSwap, emphasized to BeInCrypto the crucial role of community engagement in this process.

“Meme coins, like any project, are important to have a strong community—not just for trends but for solid feedback and a loyal user base. To stand out, having a clear roadmap, steady growth, and a dedicated community are essential. Over time, it becomes clear which projects are building something that lasts,” Chef Kids stated.

Daddy Tate (DADDY)DADDY has surprised the market this week with a 70% price increase, recovering February’s losses and more. The altcoin is currently trading at $0.054. This rally marks a shift in investor sentiment, potentially signaling further upside if the current momentum persists.

DADDY is now eyeing a further rally, potentially breaching the $0.068 resistance. This level has been a challenge for the meme coin since mid-December, but with bullish factors driving the price, it may finally break through. The continuation of this uptrend depends on sustained investor confidence.

DADDY Price Analysis. Source: TradingViewHowever, if DADDY fails to hold the support of $0.054, the price may fall back to the $0.045 support level. A deeper decline could invalidate the bullish outlook, potentially triggering a shift in sentiment and setting the coin back further.

Pepe (PEPE)PEPE continues its downtrend, trading at $0.00000718 after starting this decline in November 2024. The altcoin’s price remains under pressure, but the situation could shift. Notably, PEPE has a strong correlation of 0.89 with Bitcoin, potentially setting the stage for a recovery if BTC rebounds.

With Bitcoin potentially nearing a market bottom, PEPE could benefit from its recovery. If Bitcoin gains momentum, PEPE is likely to follow suit. A key marker for this would be PEPE flipping $0.00000951 into support and eventually surpassing the $0.00001146 resistance level, signaling further upside.

PEPE Price Analysis. Source: TradingViewIf the downtrend persists, PEPE faces the risk of falling below its $0.00000748 support. A breakdown through this level could lead to a test of $0.00000632, further invalidating the bullish thesis and signaling a deeper decline.

Popcat (POPCAT)POPCAT has made a notable recovery, currently down just 9.5% over the month, trading at $0.265. The altcoin aims to breach the resistance of $0.342, with potential for further upside. A successful breakout could lead to significant gains, especially if market sentiment continues to improve.

In previous market cycles, a bounce off the $0.238 support, coupled with bullish signals, has fueled rallies up to $0.645. The ADX currently sits below the 25.0 threshold, indicating weakening bearish momentum.

If POPCAT follows a similar pattern, this shift could set the stage for a 129% rise.

POPCAT Price Analysis. Source: TradingViewHowever, if POPCAT fails to breach $0.342, it may return to its support levels at $0.238 or even $0.203. Such a drop would invalidate the bullish outlook, signaling continued consolidation or further losses.

Peanut The Squirrel (PNUT)Another one of the top meme coins, PNUT, has outperformed expectations with a 56% rally this week, reaching $0.226 and erasing February’s losses. The altcoin is now focusing on securing $0.227 as a stable support level. Maintaining this level will be crucial for continued upward momentum and price stability in the short term.

With $0.227 successfully established as support, PNUT could leverage the improving market conditions and investor confidence to rise toward $0.442. This recovery would significantly offset the losses suffered in January, potentially positioning the altcoin for further gains if market trends remain favorable.

PNUT Price Analysis. Source: TradingViewHowever, if PNUT fails to secure the $0.227 support floor, the altcoin risks falling back to $0.142. Such a decline would invalidate the bullish outlook, prompting further consolidation and raising concerns over a sustained recovery.

Pudgy Penguins (PENGU)PENGU hit a market bottom in February, forming a new all-time low of $0.0067 amid bearish conditions. Despite this, the altcoin has shown resilience and could be preparing for a potential rebound.

After bouncing back by 24.6% this week, PENGU is currently trading at $0.0090 and targeting a breach of the $0.0100 level. If this resistance is overcome and flipped into support, the altcoin could reach $0.0147. This would help recover most of February’s losses, signaling a positive outlook.

PENGU Price Analysis. Source: TradingViewHowever, if PENGU fails to break the $0.0100 barrier, it risks consolidating above its all-time low of $0.0067. In this case, the bullish thesis would be invalidated, potentially leading to further losses and undermining investor confidence in the short term.

3 Meme Coins To Watch in June 2025