Tate's Meme Coin DADDY Surpasses Azalea's Token MOTHER
Andrew Tate's meme coin DADDY has surpassed Iggy Azalea's token MOTHER in market value, flipping it to become the larger asset. According to DEX Screener, DADDY broke a $340 million market cap midday on Wednesday, leaving MOTHER with a market cap of $200 million.
Tate, who is awaiting trial in Romania for alleged human trafficking and rape charges, claims he will never sell DADDY and instead plans to burn 40% of the supply he holds in his public wallet. He has been touting the token as a 'flip for the patriarchy' and believes it will continue to gain value.
Azalea's token MOTHER has seen a slight decline in market value, sitting at $163 million. It's worth noting that Azalea is exploring a new option that allows users to buy smartphones directly with the token.