Andrew Tate’s Daddy Tate (DADDY) cryptocurrency has reached a landmark achievement for the controversial influencer: The Daddy Tate (DADDY) cryptocurrency’s market cap has surpassed $120 million, marking a landmark moment for the token, which benefits from Tate’s massive social media popularity and brand recognition.
In particular, DADDY’s market capitalization recently reached $124.57 million, up more than 35% in a single day and more than 80% in the last week, according to the latest data from crypto sector monitoring and analytics platform Finbold. CoinMarketCap 4th of July.
Andrew Tate’s Twitter fame boosts DADDY
Indeed, this crypto token, launched a few weeks ago, has attracted a lot of attention and quickly increased in value, allowing its early investors to quickly make significant profits, including one that turned $2,000 into $1.74 million and also increased Andrew Tate’s net worth.
To top it all off, according to the latest data from Solskanwhich represents a rise of almost 40% since June 17, when Finbold last reported its results from a holder perspective.
Interestingly, the further distribution of the number of holders shows the concentration of most tokens in a few addresses: 25.36% of the DADDY supply is owned by 10 addresses, and the remaining amount of 74.63% or 447 million tokens is owned by other holders.
DADDY Price Analysis
At the time of publishing, Daddy Tate token is trading at $0.2181, up 34.63% in the last 24 hours, and up 86.03% in the last seven days, narrowing its monthly losses on the chart to 7.94% while the rest of the market is struggling amid a bearish trend.
All things considered, Andrew Tate’s crypto token has skyrocketed thanks to the fame of the former professional kickboxer, a testament to the power of influencer-driven financial ventures in the digital age. However, it’s not without risks, so doing your own research and understanding those risks is crucial.
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