DADDY Token Surges as Andrew Tate Pledges $100M Burn
Daddy Token, a cryptocurrency that has risen to prominence in recent months, has experienced a significant surge in value following an announcement by controversial influencer Andrew Tate that he would invest $100 million in the project.
Tate's pledge has sent the DADDY token price soaring, with the cryptocurrency gaining over 50% in value in the past 24 hours. According to CoinMarketCap, DADDY token is trading at $0.00634 as of the time of writing, with a 24-hour trading volume of $17,046,978.
The surge in DADDY token's price comes as Tate continues to promote the cryptocurrency on his social media channels. In a recent video, Tate claimed that he has personally purchased $100 million worth of DADDY tokens, and that he plans to burn half of them, effectively removing them from circulation.
Tate's announcement has been met with mixed reactions from the crypto community. Some have praised Tate for his involvement in the DADDY token project, while others have expressed concern about the potential risks associated with investing in a cryptocurrency that is being promoted by a controversial figure.
It remains to be seen whether DADDY token can sustain its recent surge in value. However, Tate's involvement in the project has certainly boosted its profile, and it will be interesting to see how the token performs in the coming weeks and months.
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