Tate's DADDY Token Takes the Lead as MOTHER Suffers Market Cap Slump
Andrew Tate's meme coin DADDY has surpassed Iggy Azalea's token MOTHER in market value, according to data from DEX Screener. The DADDY token broke a $340 million market cap on Wednesday, flipping MOTHER's $200 million cap in the process. As of now, both tokens have slightly fallen in value, with DADDY sitting at a market cap of $256 million and MOTHER at $163 million.
Tate, who is awaiting trial in Romania for alleged human trafficking and rape charges, celebrated his token's success on social media, claiming he is 'built different' and 'taking over.' He also stated that he would never sell DADDY, but instead burn the 40% of the supply he holds in his public wallet.
Azalea's token MOTHER has recently gained attention for its innovative feature allowing users to buy smartphones directly with the token. However, it is unclear what impact Tate's success will have on Azalea's project.