Andrew Tate’s crypto hits record low; Is DADDY TATE coin finished?

According to data compiled by Finbold Research on November 13, DADDY TATE (DADDY) has fallen to approximately $0.018, sending the Solana-based memecoin associated with influencer Andrew Tate to its lowest price since launch. The drop marks a sharp unwinding of the intense early hype that briefly positioned DADDY as one of the fastest-growing celebrity tokens of 2024. On exchanges, the token traded around $0.26 at its peak in mid-June 2024. The current DADDY TATE coin price of $0.018 represents a decline of over 90%, bringing its total market capitalization down to about $11 million, a level more typical of low-liquidity microcaps than of its launch period. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); On-chain data highlights additional structural weaknesses. Solscan shows a current supply of 599.63 million tokens and 66,304 holders as of November 13. Importantly, the token has been losing holders over time. On August 15, DADDY had 68,446 holders, which...

https://finbold.com/andrew-tates-crypto-hits-record-low-is-daddy-tate-coin-finished/