Published On Sep 25, 2024
The Rise and Fall of Andrew Tate's Meme Coin: An On-Chain Analysis
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In this episode of Hands On Finance, we delve into the dramatic decline of Andrew Tate's promoted meme coin, Daddy, which plummeted from a 200 million to a 50 million market cap. We compare it with its competitor, Mother, promoted by Iggy Azalea, which currently holds a 90 million market cap. By analyzing on-chain data and studying the wallet transactions associated with Andrew Tate, we uncover the key events and factors behind the coin's performance. Learn about the social media activity, trade patterns, and liquidity issues affecting Daddy's value. Stay tuned to discover what might happen next and how to identify trends in the meme coin market. Don't miss out on this insightful analysis!
00:00 Introduction to the Crypto Drama
01:11 Andrew Tate's Token Promotion
01:36 Social Media Activity Analysis
02:46 Liquidity and Market Cap Insights
04:36 On-Chain Analysis of Daddy Token
05:48 Address and Transaction Examination
08:34 Future Prospects and Conclusion
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