Andrew Tate\'s Cryptocurrency Daddy Tate (DADDY) Surpasses $120M in Market Capitalization

In a milestone achievement for the controversial influencer, Andrew Tate's cryptocurrency Daddy Tate (DADDY) has surpassed $120 million in market capitalization

Andrew Tate's cryptocurrency, Daddy Tate (DADDY), has seen impressive performance, surpassing $120 million in market capitalization. The token, launched a month ago, has attracted attention and early investors have seen significant gains.

Specifically, DADDY's market cap reached $124.57 million on July 4, showing a 34.63% rise in a single day and over 80% over the past week, according to Finbold data from crypto tracking platform CoinMarketCap.

Andrew Tate's influence on DADDY is evident, with the token price rising steadily after its launch. The token has also seen a rapid increase in holders, with 47,600 people now holding DADDY, a 40% rise since mid-June.

However, the distribution of tokens is concentrated, with 10 addresses holding 25.36% of the supply and the remaining 74.63% or 447 million tokens being held by other addresses.

At the time of writing, DADDY was trading at $0.2181, showing an increase of 34.63% in the last 24 hours and 86.03% over the past seven days. Despite the token's gains, the broader market was bearish on Monday morning.

The above is the detailed content of Andrew Tate\'s Cryptocurrency Daddy Tate (DADDY) Surpasses $120M in Market Capitalization. For more information, please follow other related articles on the PHP Chinese website!