Daddy Tate
| Daddy Tate | |
|---|---|
| Token | |
| Ticker | $DADDY |
| Contract | 4Cnk…pump |
| Chain | Solana |
| Launched | 2024-06-09 |
| Status | Active |
| Telegram | t.me/DADDYTATECTO |
| Also known as | daddy daddy tate $DADDY andrew tate coin |
| Market | |
| Price | — |
| Market cap | — |
| Liquidity | — |
| Volume (24h) | — |
| Change (1h) | — |
| Change (24h) | — |
| Links | |
| DEX Screener · Birdeye · GMGN · Solscan · pump.fun | |
Daddy Tate (ticker DADDY) is a Solana memecoin launched on 9 June 2024 and promoted by influencer Andrew Tate, whose wallet received 40% of supply from the deployer. It passed $300 million in market cap within days, amid Bubblemaps claims that insiders bought about 30% of supply before Tate's first post.[1][2][3]
Lore[edit]
Tate first referred to the token on 11 June 2024 and began promoting it actively early on 12 June. He said he chose DADDY as a rival to MOTHER, the token of rapper Iggy Azalea, to "flip it for the patriarchy".[1] DADDY passed $275 million on 12 June and reached $300 million at $0.30 on 13 June, when MOTHER had fallen from a $267.58 million peak on 6 June to about $153 million.[1][2] It was one of several celebrity memecoins of mid-2024; most of those launched in May were down about 90% from their highs by then.[3]
Timeline[edit]
- 2024-06-09: launch; deployer sends 40% of supply to Tate's wallet at 21:24 UTC[3]
- 2024-06-11: Tate's first post about the token[2]
- 2024-06-12: Bubblemaps publishes insider-buying claims; market cap above $275 million[1][2]
- 2024-06-13: market cap about $300 million, passing MOTHER[2]
Key wallets[edit]
- Andrew Tate: received 40% of supply from the deployer at launch. As of 13 June 2024 his wallets had not sold, and he had bought and burned about $10,000 of tokens.[1][3]
- Early buyers: Bubblemaps said 11 wallets funded through Binance in nearly identical amounts bought about 20% of supply on 9 June, before Tate's first post, and that further linked clusters held about 10%.[2][3]
Controversies[edit]
Bubblemaps alleged that insiders bought about 30% of supply at launch. It could not confirm that the 11 wallets belonged to one group but said the timing and amounts strongly suggested so, and warned that a single wallet selling could crash liquidity.[2] CoinDesk noted that pools held just over $2.4 million in liquidity, so early buyers could not sell full positions at quoted prices.[3] Tate said: "I will never sell what was sent to my wallet, I will only burn and buy."[1]
See also[edit]
References[edit]
- ^ Andrew Tate-Backed Solana Token DADDY Up 450% Amid Insider Buying Claims, Decrypt, 2024-06-12
- ^ Andrew Tate token surpasses MOTHER amid claims of insider activity, Cointelegraph, 2024-06-13
- ^ Early Buyers of Andrew Tate's DADDY Meme Coin Apparently Sitting on $45M in Unrealized Value, CoinDesk, 2024-06-13