Andrew Tate Announces Plans to Invest $1 Million in $DADDY Coin Once He Reaches 10 Million Followers

Tate, known for his controversial online presence with approximately 9.9 million followers, has increasingly become involved in the cryptocurrency space to actively promote the Solana-based meme coin

Self-proclaimed misogynist Andrew Tate has announced plans to invest $1 million in $DADDY Coin once he reaches 10 million followers on social media platform X (formerly Twitter).

The announcement was made on Monday via Tate’s Telegram channel, where he has over 1.2 million subscribers.

“Once im at 10,000,000 followers Im going to buy 1,000,000 USD of $Daddy coin,” Tate wrote.

At the time of writing, Tate has 9.9 million followers on X, and his post had garnered over 100,000 views.

If Tate follows through on his plans, the investment would mark a significant boost for $DADDY Coin, which is currently valued at $0.07743, according to CoinMarketCap.

The token has seen a 2% decrease in price over the last 24 hours, with a circulating supply of 594.2 million and a market capitalization of $46 million.

However, it is important to note that Tate's statements and actions are often unpredictable and subject to change.

The cryptocurrency in question, $DADDY Coin, has seen varying fortunes in recent months. After being touted by Tate earlier this year, the coin experienced a surge in value, reaching an all-time high of $0.13.

However, a subsequent announcement by Tate that he had burned over $150 million worth of $DADDY tokens led to a sharp decline in its price.

Despite this setback, $DADDY Coin has managed to retain a presence among cryptocurrency enthusiasts, particularly those interested in meme coins.

As highlighted by Tate in his Telegram post, the coin is preparing to launch staking features that will allow holders to earn $TRW tokens. This development is expected to further expand the coin’s utility.

While Tate's involvement in the cryptocurrency space has generated attention, it has also sparked concerns among some within the crypto community.

Critics have pointed to Tate's history of making controversial and offensive statements, particularly his views on women and gender roles.

They argue that his association with cryptocurrencies could damage the reputation and credibility of the broader digital asset industry.

Despite these concerns, Tate's influence on X and in the cryptocurrency world remains undeniable. His posts frequently reach a massive audience and can have a tangible impact on the price of meme coins like $DADDY Coin.

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