Elena R
Author: Elena R
Elena R 
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Jun 13, 2024 8:29
Elena R
Author
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Andrew Tate recently endorsed a new meme coin,leading to a surge in its value. The latest token he promoted,DADDY,skyrocketed past a $275 million market cap. However,on-chain analysts are alleging major insider activity behind its surge. Tate’s tweet about the DADDY token has resulted in the Solana token rising over 450%,reaching a price of $0.28 within the past 24 hours. Crypto analytics platform Bubblemap reported that insiders had acquired about 30% of the token’s supply at launch before Tate’s promotion on X. These insiders are now sitting on over $45 million in profits.
