- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Why is Andrew Tate’s crypto quietly soaring?
By: bitcoin ethereum news|2025/05/02 19:00:04
0
Share
⚈ Andrew Tate’s DADDY coin is up 26% in 30 days, mirroring Bitcoin’s rally. ⚈ Recent gains likely stem from broader market momentum, not renewed hype. ⚈ DADDY remains 81% below launch price, with little chance of full recovery. After suffering a catastrophic collapse as the influencer stopped promoting it and as scam allegations emerged, Andrew Tate’s crypto meme coin, Daddy Tate (DADDY), entered something of a comeback in April. Daddy Tate is up 25.96% in the last 30 days, 21.70% in the last week of trading, and a respectable 4.94% in the 24-hour chart, as the cryptocurrency is, at press time on May 2, changing hands at $0.05032. Why DADDY meme coin is rising Examining the influencer’s X account reveals that he has been sparingly promoting the meme coin and the cryptocurrency exchange platform Photon in between posts about the importance of being wealthy and ChatGPT admitting ‘women are useless.’ Thus, the rally appears linked to the broader market. DADDY’s rise in the second half of April and at the start of May is in line with Bitcoin’s (BTC) rally within the same time frame. Considering that BTC traditionally has a market leadership role for cryptocurrencies and that many other digital assets also mirror it, Daddy Tate’s surge could be a case of the ‘rising tide lifting all boats.’ Some may speculate that the meme coin may have gotten a boost from a still-obscure scam seeking to take advantage of President Donald Trump’s decision to offer Official Trump (TRUMP) cryptocurrency holders a dinner with the president. However, it is relatively unlikely that the ‘Daddy Diner’ scam – promising the same as the TRUMP scheme but with the Tate brothers instead of the commander-in-chief – had a bearing on price by press time, as the associated account on X was only opened on May 1. Is Daddy Tate set for a 2025 comeback? Despite the recent positivity, it is relatively safe to say that DADDY is not making a genuine comeback. Examining the all-time chart reveals the meme coin is 80.95% below its initial price. Lastly, while the original investors have no chance of getting their money back at this stage, more active traders could still profit with some skill and much luck thanks to the meme coin’s volatility. Featured image via Shutterstock Source: https://finbold.com/why-is-andrew-tates-crypto-quietly-soaring/
You may also like
Oracle "Outage": Aave Faces $27 Million Irregular Liquidation
The guardian has turned into the reaper. An internal configuration mistake caused the largest DeFi lending protocol to **accidentally** liquidate 34 accounts.
A single tweet caused a 17% crash in oil prices, who's not a Meme yet
From the Petrodollar to the Meme Era: Why a Single Tweet Tanked Global Oil Prices
March 11th Market Key Intelligence, How Much Did You Miss?
1. On-chain Fund: $47.1M inflow to Hyperliquid today; $75.4M outflow from Ethereum
2. Largest Price Swings: $XAI, $BTW
3. Top News: G7 Pre-Summit Pledge to "Principally Support Strategic Crude Oil Reserve Use"; Four Whales Open Large Short Positions Against Crude Oil Today
Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?
Sign Up Now!
a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?
If your product is "obviously better" but still can't win, the gap lies not in performance, but in product-market fit.
The rivers and lakes are no more, Li Lin returns
We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.
Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event
Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.
BitsLab Deep Production: Nanobot User Security Practice Guide
BitsLab releases AI Agent Security Guidelines: Through a three-pronged strategy of "User Review + Agent Awareness + Script Hard Interception," a zero-trust security defense line is established to prevent prompt injection and sensitive data leakage risks.
What are the common traits of people who founded a $5 Billion+ company before the age of 23?
Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals
Why Hasn't $160 Billion Stripe Gone Public?
The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.
All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed
Users can access key information in real time without switching pages
Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?
When people talk about Bitcoin, they often overlook one key thing.
Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets
When the stock market is closed, the on-chain becomes the sole trading and pricing outlet.
Who Longs War on Polymarket?
The Rug Pull War rages on, with the potential to earn up to 4x gains on your bet
4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.
Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions
Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.
Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure
While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.
Crypto Barbarians Jupiter Series: Still Owes the Market an Answer
This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.
Oracle "Outage": Aave Faces $27 Million Irregular Liquidation
The guardian has turned into the reaper. An internal configuration mistake caused the largest DeFi lending protocol to **accidentally** liquidate 34 accounts.
A single tweet caused a 17% crash in oil prices, who's not a Meme yet
From the Petrodollar to the Meme Era: Why a Single Tweet Tanked Global Oil Prices
March 11th Market Key Intelligence, How Much Did You Miss?
1. On-chain Fund: $47.1M inflow to Hyperliquid today; $75.4M outflow from Ethereum
2. Largest Price Swings: $XAI, $BTW
3. Top News: G7 Pre-Summit Pledge to "Principally Support Strategic Crude Oil Reserve Use"; Four Whales Open Large Short Positions Against Crude Oil Today
Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?
Sign Up Now!
a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?
If your product is "obviously better" but still can't win, the gap lies not in performance, but in product-market fit.
The rivers and lakes are no more, Li Lin returns
We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.
App