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 second for the token benefitting from Tate’s huge social media following and recognizable model.
Particularly, DADDY’s market cap has just lately hit $124.57 million, rising over 35% in a single day and over 80% throughout the previous week, in accordance with the newest info retrieved by Finbold from the crypto sector monitoring and analytics platform CoinMarketCap on July 4.
Andrew Tate Twitter fame boosts DADDY
Certainly, launched weeks in the past, this crypto token has captured vital consideration and skilled a swift ascent in worth, permitting its early investors to shortly reap substantial returns, together with one which turned $2,000 into $1.74 million, in addition to including to Andrew Tate net worth.
On high of that, it has managed to amass a 47,600-strong holder neighborhood, in accordance with the newest data retrieved from Solscan, which represents a rise of practically 40% since June 17, when Finbold final reported on its efficiency when it comes to holders.
Apparently, an additional breakdown of the holders’ numbers exhibits the focus of most tokens in just a few addresses, with 25.36% of the DADDY provide held by 10 addresses, whereas the remaining quantity of 74.63% or 447 million tokens belongs to different holders.
DADDY value evaluation
At press time, the Daddy Tate token was buying and selling on the value of $0.2181, which signifies a development of 34.63% within the final 24 hours, advancing 86.03% throughout the previous seven days, because it reduces its month-to-month chart losses to 7.94%, whereas the remainder of the market is struggling amid a bearish pattern.
All issues thought of, Andrew Tate’s crypto token has soared sky-high due to the previous skilled kickboxer’s fame, testifying to the facility of influencer-driven financial ventures within the digital age. Nevertheless, it’s not with out dangers, so doing one’s personal analysis and understanding these dangers is essential.
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