Andrew Tate’s crypto token hits $120 million market cap

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 moment for the token benefitting from Tate’s massive social media following and recognizable brand.

Specifically, DADDY’s market cap has recently hit $124.57 million, rising over 35% in a single day and over 80% across the past week, according to the most recent information retrieved by Finbold from the crypto sector monitoring and analytics platform CoinMarketCap on July 4.

DADDY market cap 24-hour chart. Source: CoinMarketCap

DADDY holders summary. Source: Solscan

DADDY price analysis

At press time, the Daddy Tate token was trading at the price of $0.2181, which indicates a growth of34.63% in the last 24 hours, advancing 86.03% across the past seven days, as it reduces its monthly chart losses to 7.94%, while the rest of the market is struggling amid a bearish trend.

DADDY price 7-day chart. Source: CoinMarketCap

All things considered, Andrew Tate’s crypto token has soared sky-high thanks to the former professional kickboxer’s fame, testifying to the power of influencer-driven financial ventures in the digital age. However, it is not without risks, so doing one’s own research and understanding these risks is crucial.

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