Andrew Tate’s meme coin implodes – DADDY down 88% and falling

At the start of the year, DADDY was trading at $0.0553. Today, that same investment of $1,000 would be worth less than $484

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Andrew Tate promoting Daddy Tate (DADDY) coin / Image by: X Andrew Tate

Daddy Tate (ticker: DADDY), the cryptocurrency launched by influencer and former world kickboxing champion Andrew Tate, has plunged to an all-time low of $0.02682, according to a recent report from Finbold.

Initially promoted as a way to “escape the financial matrix and get rich fast,” the coin has lost more than 88% of its value since its June 15, 2024 launch, when it peaked at $0.2622.

The decline has only accelerated in 2025. At the start of the year, DADDY was trading at $0.0553. Today, that same investment of $1,000 would be worth less than $484, showcasing the depth of investor losses. DADDY’s market cap once soared to $120.69 million, but as of July 8, 2025, it sits at just $16.56 million.

We’re witnessing a textbook example of hype-driven volatility unraveling in real time. Without utility or a real economic model, meme coins like DADDY tend to collapse once the initial excitement fades – Jordan Major, senior analyst at Finbold

Blockchain data from Solscan paints an even bleaker picture. Trading and transfer volume for DADDY on decentralized exchanges (DEXs) is at a 3-month low. Wallet activity is virtually flat, and the top 10 wallets currently control over 18% of the total supply, raising concerns about centralization and liquidity risk.