Finbold
2025-07-08 11:40:13

Andrew Tate’s cryptocurrency crashes to a record low

Andrew Tate’s cryptocurrency, Daddy Tate (DADDY), has plunged to an all-time low, marking a dramatic decline for the token backed by the controversial online personality and former kickboxing champion. According to data retrieved by Finbold research on July 8, 2025, the DADDY token, built on the Solana blockchain, dropped as low as $0.02682, its weakest price since launch. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); That’s a steep fall from its debut price of $0.2622 on June 15, 2024, representing a loss of more than 88% in just over a year, per CoinMarketCap figures. At the start of 2025, DADDY was trading at $0.0553, meaning even a $1,000 investment at that time would now be worth approximately $484, based on the current price. At its peak, DADDY reached a market capitalization of $120.69 million (recorded on July 5, 2024). As of today, its market cap has shrunk to $16.56 million, reflecting waning investor confidence and slumping trading volumes. Fading interest in Andrew Tate’s crypto The project, which claims to help users “escape traditional financial constraints and achieve rapid wealth growth,” has struggled to maintain momentum amid a crowded meme coin landscape and volatile market conditions. Diana Paluteder, Finbold’s head of content, added: “The drop in price mirrors a deeper issue, fading interest not just from investors, but from Andrew Tate himself. Without consistent backing or a clearly evolving value proposition, the project is losing momentum fast.” On-chain data from Solscan, a Solana blockchain explorer, shows that token transfers, DEX trades, and wallet activity for DADDY have all fallen to three-month lows. Liquidity and token circulation on decentralized exchanges are significantly down, indicating limited interest from both retail and speculative traders. Daddy Tate token transfer and DEX trading 3-month charts. Source: Solscan Supply dynamics also reveal a concentrated ownership structure. Of the 69,649 total holders, the top 10 wallets control 108.26 million tokens, or 18.05% of the total supply. The remaining 81.94% is spread across other wallets, but overall activity remains muted. With price, market cap, and user engagement trending lower, DADDY’s future hinges on whether the project can pivot from hype to substance, or risk fading into meme coin obscurity. The post Andrew Tate’s cryptocurrency crashes to a record low appeared first on Finbold .

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