Andrew Tate’s DADDY coin surged 78% after information broke that he was allowed to depart Romania for Florida.
His authorized troubles proceed, with Romanian prosecutors confirming his case is ongoing and the UK issuing a pending arrest warrant.
DADDY coin holders rejoice Tate’s obvious freedom, however issues over his authorized future forged uncertainty over the token’s stability.
Andrew Tate’s Solana-based meme coin, DADDY, exploded 78% in worth after information broke that he and his brother Tristan boarded a personal jet to Florida, marking his first time leaving Romania since his 2022 arrest.
The Monetary Occasions studies that Trump’s administration not too long ago pressured Romanian officers to ease journey restrictions on Tate, although Romania’s overseas minister denied it was “strain”.
Tate’s Authorized Battles & Meme Coin Mania
Tate, who has confronted fees of human trafficking, sexual misconduct, and cash laundering, has been underneath numerous types of custody or journey bans for over two years.
DADDY coin’s market cap jumped from $22.1M to $38.7M in simply 12 hours, fueled by the information of his departure.
The coin was initially launched in response to Iggy Azalea’s MOTHER token, with Tate claiming he was “flipping it for the patriarchy.”
Final 12 months, Tate falsely claimed he might journey globally for DADDY’s “world tour”, just for his journey ban to be reinstated.
“What you’re seeing is the cult of Tate turning market hypothesis right into a motion,” a crypto analyst famous.
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Tate’s U.S. Journey & Pending Expenses
Whereas DADDY coin holders rejoice Tate’s obvious freedom, his authorized troubles are removed from over.
Romanian prosecutors confirmed his journey ban was lifted, however his legal proceedings are ongoing.
British ladies accusing Tate of rape and human trafficking informed the Mail On-line they’re in “disbelief” over the information.
Even when he avoids jail in Romania, the UK has a pending arrest warrant for him tied to rape, sexual assault, and tax evasion.
For now? DADDY coin merchants are driving the hype, however Tate’s authorized future—and his meme coin’s stability—stays extremely unsure.
