Tate

Momentum

Daddy Tate

Gains

<ul>
 <li>Daddy Tate token gained traction after the community takeover and Andrew Tate’s active involvement, despite a recent price drop.</li>
 <li>Travala partnership boosts Daddy Tate’s profile, enabling bookings for over 2.2 million hotels with the meme coin.</li>
 <li>Andrew Tate’s newfound freedom and $500,000 investment in Daddy Tate signal potential for future value increase.</li>
</ul>
<p>Daddy Tate, the meme coin inspired by internet personality Andrew Tate, is making waves in cryptocurrency. Launched on the <a href="https://solana.com/" rel="noopener noreferrer nofollow">Solana blockchain </a>29 days ago, it quickly gained attention. The token’s community took over on June 13 after the developer abandoned the project. Andrew Tate has been vocal about the token, purchasing large amounts since June 11.</p>
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   <p lang="en" dir="ltr">To prepare for the <a href="https://twitter.com/search?q=%24Daddy&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Daddy</a> world tour you can now purchase car rentals, flights and hotels directly in <a href="https://twitter.com/search?q=%24Daddy&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Daddy</a> coin on <a href="https://t.co/XhAhusarNy" rel="noopener noreferrer nofollow">https://t.co/XhAhusarNy</a>. <br><br>We’ve only just begun. <br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/xyXU7QGA7h" rel="noopener noreferrer nofollow">https://t.co/xyXU7QGA7h</a> <a href="https://t.co/NIooAgyaV9" rel="noopener noreferrer nofollow">pic.twitter.com/NIooAgyaV9</a></p>— Andrew Tate (@Cobratate) <a href="https://twitter.com/Cobratate/status/1810732883533074610?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 9, 2024</a>
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<h3 class="wp-block-heading" id="h-travala-partnership-and-market-movements"><strong>Travala Partnership and Market Movements</strong></h3>
<p>Travala, a booking site, has added Daddy Tate to its list of accepted cryptocurrencies. Travala was built on <a href="https://www.binance.com/en/blog/ecosystem/introducing-bnb-chain-the-evolution-of-binance-smart-chain-421499824684903436" rel="noopener noreferrer nofollow">Binance BNB Smart Chain</a>; over 2.2 million hotels can be booked globally, with a means of payment being cryptocurrencies such as Bitcoin and Ethereum.</p>
<p>Despite Tate’s confirmation of the collaboration with Travala, CoinGecko statistics indicate that the announcement resulted in an 8% decline in the token’s value to <a href="https://www.coingecko.com/en/coins/daddy-tate" rel="noopener noreferrer nofollow">$0.1453</a>. Daddy Tate’s market capitalization fell to $91.9 million, a more than 48% decrease, from its top of $0.2849 on June 28.</p>
<p>However, Tate’s involvement signifies a new trend: celebrities actively backing their tokens. In addition to Andrew Tate, other celebrities, such as Nigerian musician Davido and media personality Caitlyn Jenner, have launched their meme coins on Solana.</p>
<h3 class="wp-block-heading" id="h-legal-victory-and-increased-visibility"><strong>Legal Victory and Increased Visibility</strong></h3>
<p>In a turn of events, <a href="https://cryptonewsland.com/andrew-tates-bitcoin-bust-21-btc-565k-seized-amid-legal-controversy/" rel="noopener noreferrer nofollow">Andrew and Tristan Tate</a> won their appeal, allowing them to leave Romania and travel across Europe. This newfound freedom enables Tate to participate in more public engagements, potentially boosting the visibility of the Daddy Tate project. According to Whale Insider, the Daddy Tate meme coin has surpassed 44,000 token holders, marking a significant milestone for the community.</p>
<p>Additionally, Andrew Tate recently loaded his <a href="https://cryptonewsland.com/cardanos-founder-explains-his-no-public-wallet-policy/" rel="noopener noreferrer nofollow">public wallet </a>with $500,000 (about 3,600 SOL), sparking speculation about a possible market buy and burn. Such a move would reduce the token supply and increase demand, potentially driving up its value.</p>
<p>In a video announcement, Tate expressed excitement about marketing his token and himself. He hinted at massive plans for Daddy Tate, including a European tour for DADDY stakes, a potential Netflix appearance, and the release of a book. Tate’s newfound freedom and active promotion could significantly impact the token’s future.</p>
<p>Moreover, Tate’s plans for Daddy Tate could lead to increased interest and investment in the token. The Daddy Tate project exemplifies the growing trend of celebrity-backed cryptocurrencies in the meme coin sub-culture.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/andrew-tates-daddy-token-hits-300m-cap-amid-controversy/" rel="noopener noreferrer nofollow">Andrew Tate’s DADDY Token Hits $300M Cap Amid Controversy</a></li>
 <li><a href="https://cryptonewsland.com/andrew-tates-bitcoin-bust-21-btc-565k-seized-amid-legal-controversy/" rel="noopener noreferrer nofollow">Andrew Tate’s Bitcoin Bust: 21 BTC ($565K) Seized Amid Legal Controversy</a></li>
 <li><a href="https://cryptonewsland.com/andrew-tate-announces-new-cryptocurrency-with-100m-backing/" rel="noopener noreferrer nofollow">Andrew Tate Announces New Cryptocurrency with $100M Backing</a></li>
 <li><a href="https://cryptonewsland.com/iggy-azalea-vs-andrew-tate-solana-sol-meme-coins-daddy-and-mother-go-head-to-head/" rel="noopener noreferrer nofollow">Iggy Azalea Vs. Andrew Tate: Solana (SOL) Meme Coins DADDY And MOTHER Go Head To Head</a></li>
 <li><a href="https://cryptonewsland.com/crypto-detective-clears-andrew-tate-of-memecoin-pump-allegations/" rel="noopener noreferrer nofollow">Crypto Detective Clears Andrew Tate of Memecoin Pump Allegations</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/andrew-tates-daddy-tate-meme-coin-gains-momentum-despite-challenges/" rel="noopener noreferrer nofollow">Andrew Tate’s Daddy Tate Meme Coin Gains Momentum Despite Challenges</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Andrew Tate’s Daddy Tate Meme Coin Gains Momentum Despite Challenges

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