Andrew Tate to Buy $1M $DADDY Coin at 10M Followers

Andrew Tate's $1M $DADDY Coin Pledge at 10M Followers

Andrew Tate has announced that he will invest $1 million in $DADDY Coin once he reaches 10 million followers on X (formerly Twitter). Currently, Tate has around 9.9 million followers and has been increasingly active in the cryptocurrency space. He is promoting the Solana-based meme coin intending to boost its market capitalization to $1 billion.

Earlier this year, Tate made headlines by burning over $150 million worth of $DADDY tokens to influence the coin’s supply and value. Additionally, $DADDY Coin is set to introduce staking features, allowing holders to earn $TRW tokens, which is expected to enhance the coin’s utility further.

Daddy Coin Price Prediction; What Next In DADDY?

On the daily technical chart, Daddy coin price broke above the 20 exponential moving average and is about to break the 50-day exponential moving average showing bullish momentum in DADDY price.

Last week it grew by almost 35.33% at the time of writing it was trading at $0.09606 with an intraday growth of 21.69% suggesting bullishness. At press, its market cap stands at $57,603,542 with 24 hours trading volume of $4,746,987. However, there was a drop of 68% in 24-hour trading volume.

The highest price paid for Daddy Tate (DADDY) was $0.2886, recorded on June 14, 2024 (2 months ago). Currently, the price is 67.61% lower than the all-time high. The lowest Daddy coin price was $0.04917, recorded on August 5, 2024 (21 days ago). The current price is 90.14% higher than the all-time low price.

Moreover, according to Tradingview technical summary out of 22 indicators, 2 are on the sell side, 9 are on the neutral side and 11 are on the Buy side suggesting buying momentum in the $DADDY coin.

Conclusion

Andrew Tate plans to invest $1 million in $DADDY Coin once he reaches 10 million followers on X, aiming to boost its market cap to $1 billion. Earlier this year, he burned over $150 million worth of $DADDY tokens to influence its value. $DADDY Coin is also introducing staking features to enhance its utility.

Recently, $DADDY Coin showed bullish momentum, breaking above key moving averages and growing by 35.33% last week. Despite a 68% drop in 24-hour trading volume, the coin remains 90.14% higher than its all-time low. Technical indicators suggest a buying momentum for $DADDY Coin.

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