ANDREW TATE'S CRYPTO CRASHES AMID UK LEGAL ACTION!
Andrew Tate's meme coin, Daddy Tate (DADDY), has crashed amid UK legal action against him. Here's what's happening :
Price Drop: DADDY token has dropped over 5% since May 28, when UK charges against Andrew Tate were authorized, from $0.03899 to $0.03579.
Market Cap: The token's market cap has decreased from $23.52 million to $22.14 million during the same period.
Recent Rebound: Despite the downturn, DADDY experienced a 5% resurgence recently, with its 24-hour volume increasing by 21.17% to $1.27 million.
Volatility: The rebound is consistent with typical meme coin volatility, and some analysts predict a potential decline of over 23% within three months.
Connection to Andrew Tate's Legal Issues: The price drop is largely attributed to UK prosecutors detailing charges against the Tate brothers, which they'll face upon returning to Britain. DADDY's price has historically been sensitive to Andrew Tate's behavior and legal battles.
It's worth noting that Andrew Tate himself has shown interest in supporting the DADDY token community, even offering help in case of liquidation, provided there's a way to connect with DADDY holders.#MarketPullback #TrumpTariffs #BigTechStablecoin $BTC