Andrew Tate’s DADDY token is at the center of attraction after officially burning a whopping $110,597,600 worth of the tokens, 40% of the total supply. The dramatic token burn sparked a frenzy among investors and enthusiasts, who now eagerly speculate that DADDY is on its way to reaching a market cap of 1 billion dollars. The massive reduction in supply is expected to create a significant bullish momentum, driving the token’s value to new heights.
In just three days since its launch, DADDY’s value skyrocketed over 26,666x, soaring from $12.2k to a $320 million market cap. Amidst this frenzy, an insider has made headlines by selling 15.14 million tokens for 11,752 SOL, valued at approximately $1.74 million. The mysterious insider’s initial investment was less than $2,000, marking a monumental gain.
Before Tate published his first post, the insider strategically spent just 13.2 SOL valued at nearly $1,950 to purchase 29.8 million DADDY tokens using three different wallets. Following this, a portion of the tokens was sold, and the remainder was meticulously transferred through various addresses, ultimately landing in the wallet “DpL2Tm.”
18 hours ago, the insider transferred a large amount of the tokens to new wallets and started selling. He sold a total of 15.14M DADDY for 11,752 SOL($1.74M), and currently has 14.7M left, worth $2.8M! His total profit is $5.6M, a gain of 2,875x!
DADDY: Insider Scores $1.74M
Over the day, the insider transferred a huge amount of DADDY tokens to new wallets and sold over 15.14 million tokens for 11,752 SOLANA [$1.74 million]. At present, the insider still holds 14.7 million of the namesake tokens, valued at $2.8 million, bringing his total profit to an eye-watering $5.6 million—a staggering 2,875x return on investment.
This impressive feat has not only highlighted the potential for enormous gains in the cryptocurrency market but also raised questions about the timing and strategy behind such significant trades. As the DADDY token continues to attract attention, the community watches closely for any further moves by this mysterious and highly profitable insider.