CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Finbold 2025-06-06 13:16:50

Andrew Tate’s crypto crashes amid UK legal action

Daddy Tate (DADDY), Andrew Tate ’s meme coin, is down over 5% since May 28 when UK charges against the internet personality were authorized. DADDY token which is built on the Solana network is currently trading at $0.03579, having dropped from its May 28 price of $0.03899. Daddy Tate price drop from May 28. Source: CoinMarketCap.com The plunge is largely the result of the UK prosecutors detailing all the charges the Tate brothers will face upon their return to Britain. Given DADDY’s past sensitivity to Andrew Tate’s behaviour and legal battles, the dip makes a lot of sense. For example, in late 2024, the token soared as much as 20% on the back of legal developments in Romania and later pumped over 5% when nearly £2.7 million (~$3.66 million) in Tate’s assets was seized by the UK authorities. DADDY token price outlook Interestingly, the token experienced a resurgence today, climbing 5%. The 24 hour volume likewise went up by 21.17%, reaching $1.27 million. Elsewhere, the total market cap is sitting at $22.14 million, down from $23.52 million on May 28 the day the charges were authorized. As per CoinMarketCap data, the small bounce today could be attributed to a technical rebound, as indicators like the Relative Strength Index ( RSI ) showed oversold conditions, as well as renewed interest on behalf of more speculative, risk-prone traders as the Daddy Tate approaches its one year anniversary on June 9. If you get liquidated tell me and Ill help but only if we hook up $Daddy holders somehow. — Andrew Tate (@Cobratate) June 4, 2025 Also noteworthy is that DADDY managed to outperform the broader crypto market, which dipped by around 1.35% over the same period. However, the rebound is consistent with typical meme coin volatility. According to CoinCheckup, for example, the token is still trading at 25% above the projected price for the next month and is predicted to decline by over 23% within three months. Featured image via Shutterstock The post Andrew Tate’s crypto crashes amid UK legal action appeared first on Finbold .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约