Tate

Million

Coin

<ul class="news-points">
 <li>An insider turned a $1,950 investment into $5.6 million by strategically trading DADDY tokens post-Andrew Tate’s promotion.</li>
 <li>Andrew Tate’s promotion increased visibility and trading activity, impacting DADDY’s token value.</li>
 <li>Burning $150M worth of DADDY tokens, accounting for 40% of the supply, has influenced the token’s market dynamics.</li>
</ul>
An insider reaped a $5.6 million windfall from <a href="https://coinedition.com/is-andrew-tates-daddy-token-playing-dirty/" rel="noopener noreferrer nofollow">strategic trading</a> of DADDY tokens, a cryptocurrency recently promoted by former kickboxer Andrew Tate. Blockchain analytics firm Lookonchain revealed the well-timed transactions, highlighting the potential for significant profits in the volatile crypto market.
According to Lookonchain, the address <a href="https://x.com/lookonchain/status/1801460605939028002" target="_blank" rel="noopener noreferrer nofollow">initially purchased</a> 29.8 million DADDY tokens for 13.2 SOL, equivalent to $1,950, across three wallets. This transaction occurred before former kickboxer Andrew Tate published promotional content about the token.
Eighteen hours later, this insider transferred a large portion of these tokens to new wallets and commenced selling. In total, 15.14 million DADDY tokens were sold for 11,752 SOL, which amounts to $1.74 million. This sale alone resulted in an astounding gain, considering the in…
The post <a href="https://coinedition.com/andrew-tate-effect-crypto-insider-turns-1950-into-5-6-million/" rel="noopener noreferrer nofollow">Andrew Tate Effect: Crypto Insider Turns $1,950 into $5.6 Million</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Andrew Tate Effect: Crypto Insider Turns $1,950 into $5.6 Million

Coin Edition

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