Meme Coin Daddy (DADDY) Milestones and Controversies ๐
Join the ranks of holders for the meme coin Daddy (DADDY), linked to former kickboxer and social media personality Andrew Tate, as the number of holders continues to climb. Recent data from Solscan indicates that the holders have reached 34,266 as of June 17.
DADDY Insider Trading Controversy ๐ต๏ธโโ๏ธ
Speculation surrounds the achievements of the Solana (SOL)-based token, primarily revolving around allegations of insider trading. Bubblemaps, an on-chain analytics firm, brought attention to controversial data that insiders acquired 30% of the supply at launch, just before Tate promoted the token on X. Additionally, Bubblemaps reported that Tate transferred 40% of the total supply to a wallet but assured no selling of his tokens.
- Concerns rise about a potential crash if Tate sells his $60 million holdings.
- Similar incidents with other celebrity-linked meme coins cause apprehension.
- The crash of the MOTHER token, connected to Iggy Azalea, allowed DADDY to surpass it in market capitalization.
DADDY Price Analysis ๐
Despite some fluctuations, the coin has seen a significant price drop, marked by high volatility and a downward trend overall. Currently, DADDY has corrected nearly 22%, with a minor decrease of less than 1% in the past 24 hours, trading at $0.18.
- Initial support at $0.24 on the weekly chart eventually gave way.
- Temporary support was found at $0.15 before a slight recovery.
- Resisting price levels are currently at $0.20.
Hot Take: Analyzing the Future of DADDY ๐ญ
Stay up-to-date on the latest milestones and controversies surrounding the meme coin Daddy (DADDY), linked to the well-known personality Andrew Tate. With rumors of insider trading and price fluctuations, the future of DADDY remains uncertain. Keep a close watch on this fast-moving token for potential opportunities or risks in the crypto market.
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