The meme token launched by Andrew Tate had a pump adopted by a quick crash. The token was additionally affected by the information of the current e-mail hack of Tate’s On-line College.
Andrew Tate tried to save lots of his DADDY meme token, by injecting extra SOL to pump the value. Sadly, DADDY was weighed down by the information of the hacked On-line College. The token slid from a peak of $0.14 to $0.08, following a short-term pump.
Andrew Tate’s DADDY token pumped as excessive as $0.14, earlier than crashing again to $0.08 because the 400SOL purchase order was not sustainable. | Supply: Dexscreener
The DADDY token is not any stranger to volatility, with smaller pumps occurring each few days, adopted by extra slides. The DADDY token returned to its baseline degree, with a market capitalization of simply $52M. The DADDY token, as soon as a staple of the meme house, lags behind different trending belongings with extra energetic communities.
The latest pump was a self-admitted deliberate transfer on the facet of Tate. The token’s creator, who at one level held as much as 40% of the availability, injected one other 400 SOL in purchase orders. That influx was not sufficient to maintain DADDY afloat for lengthy, because of the token’s risky efficiency.
DADDY stays one of many final movie star tokens to be actively promoted. DADDY has since been displaced by different varieties of memes, together with cults, PolitiFi tokens, and AI tokens. Tate, nevertheless, has claimed he would assist the token and proceed to shill and pump the value. The tip purpose is a $1B valuation, a feat achieved by solely as much as a dozen memes, and solely throughout market rallies.
Prior to now few months, Tate additionally joined as a meme token influencer, endorsing a small collection of belongings. Most of these tokens remained risky and ended up with deep losses. Among the identified addresses of Tate are additionally promoting Solana meme holdings in trade for added SOL liquidity.
Tate is targeted extra on the Solana ecosystem, with greater than $1.5M in Solana tokens. The identified public addresses of Tate additionally comprise Ethereum, Base, Arbitrum and different tokens and native belongings. As an early Solana adopter at costs as little as $9, SOL is Tate’s greatest holding. Nevertheless, the $1.5M in liquidity could also be removed from sufficient to assist DADDY or different tokens, permitting solely restricted short-term pumps that get eaten by different merchants.
Tate continues to advertise the DADDY token to the crypto neighborhood, regardless of nonetheless being investigated on allegations of human trafficking, cash laundering, and different crimes. He retains a excessive profile and participates within the Solana ecosystem, additionally boosting different meme tokens, regardless of being in home arrest in Romania since August 2024.
Regardless of current allegations, the trial towards Tate has not stopped. Nevertheless, a Romanian courtroom voted to take away a number of the offered proof, and gave the prosecution till November 24 to resolve if they might additional pursue the case.
On-line College hack exposes person, web site knowledge
The DADDY value slide adopted one other unfavorable occasion for Tate. The On-line College, a closed group charging charges for on-line money-making tips, acquired hacked. The exploit leaked emails, affecting as much as 794K registered customers. Customers on the platform acquired their display names grabbed, along with 324,382 distinctive emails of banned customers.
A supply near the hack claimed the location was ‘hillariously insecure’, inviting hacktivists to put up emojis and pictures. All hacked e-mail addresses have been added to Have I Been Pwned, doubtlessly holding the addresses of teenager subscribers, one of many important targets for Tate’s enterprise.
On-line College and the Actual World room supplied month-to-month subscriptions in trade for suggestions, chats and mentoring, specializing in Tate’s model of hyper-masculinity, monetary independence and a conservative slant that made the location a goal for hacktivists.
The exploit additionally uncovered 891,846 person units, revealing a hyperlink to person IDs, in addition to the platform they used to entry Tate’s college. Thousands and thousands of messages from the previous two years had been additionally leaked. The hacktivists flooded Tate’s web site and chatroom with feminist and LGBTQ+ photos, along with disrupting a stay session.
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