Tate Takes Aim at Wall Street with $500k Meme Coin Bet
Andrew Tate, a former professional kickboxer turned social media provocateur, has announced his plan to take down Wall Street by investing $500,000 in meme coins and GameStop stock. In a video posted on Twitter, Tate claimed that he has cashed out half a million dollars' worth of Bitcoin to fund his investment.
Tate's target is a hedge fund manager who will allegedly lose $13 billion if GameStop opens at the current price. This move is reminiscent of the 2021 theory surrounding GameStop, which saw meme stock mania reach new heights.
Roaring Kitty, a financial analyst turned social media influencer, has returned to Twitter and sparked a surge in GameStop's price, as well as a Solana-based tribute coin. Tate is taking advantage of this situation, claiming that he will go all-in on these stocks with maximum leverage.