DADDY Takes Down MOTHER as Tate's Token Surpasses Azalea's
Andrew Tate's meme coin DADDY has surpassed Iggy Azalea's token MOTHER in market value, according to data from DEX Screener. As of midday on Wednesday, DADDY had a market cap of $340 million, while MOTHER trailed behind at $200 million. However, the prices of both tokens have since fallen, with DADDY currently sitting at around $256 million and MOTHER at approximately $163 million.
Tate, who is awaiting trial in Romania on human trafficking and rape charges, took to social media platform X to celebrate his token's success, claiming he would never sell DADDY and instead plans to burn the 40% of the supply he holds in his public wallet.
Azalea's team is reportedly exploring innovative ways to utilize MOTHER, including a plan to allow users to purchase smartphones directly with the token. However, it remains to be seen whether this will be enough to revive MOTHER's fortunes and challenge DADDY for market supremacy.