Tate's DADDY Coin Flips Azalea's MOTHER in $340M Market Cap Showdown
Andrew Tate's meme coin DADDY has surpassed Iggy Azalea's MOTHER token in market value, reaching a $340 million market cap on Wednesday. This marks a significant milestone for Tate, who had claimed that DADDY would overcome MOTHER and be a 'flip for the patriarchy.'
Tate, known for his misogynistic views and current trial in Romania for alleged human trafficking and rape charges, took to social media to announce his victory. He stated that he is 'built different' and 'taking over,' and also claimed that he would never sell DADDY, instead choosing to burn 40% of the supply he holds.
MOTHER, created by Azalea as a way for users to buy smartphones directly with the token, has seen its market value fall to $163 million. While it's unclear what this means for the future of both tokens, Tate's victory is certainly a notable development in the world of meme coins.