Andrew Tate has announced plans to invest $1 million in $DADDY Coin once he reaches 10 million followers on the social media platform X (formerly Twitter).
Andrew 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, aiming to increase its market capitalization to $1 billion.
According to CoinMarketCap, the token currently trades at $0.07743, a 2% dip in the last 24 hours with a market cap of $46m.
Earlier this year, Tate made headlines by burning over $150 million worth of $DADDY tokens in an effort to affect the coin’s supply and value.
In addition to Tate’s upcoming investment, $DADDY Coin is preparing to launch staking features, which will allow holders to earn $TRW tokens. This development is expected to further expand the coin’s utility.
Also Read: Andrew Tate calls Crypto Influencers “Losers”, Wants Culture Shift
