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Iggy Azalea’s MOTHER Meme Coin Flips Andrew Tate’s DADDY

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Iggy Azalea’s Mom Iggy (MOTHER) meme coin has outstripped Andrew Tate’s Daddy Tate (DADDY) coin in market capitalization. This week, MOTHER swiftly bounced again, hovering over 35% in worth, whereas DADDY struggled, plummeting 20% amid market fluctuations.

The rivalry between the meme coin intensifies with only a skinny hole between their market capitalization.

Andrew Tate’s DADDY Meme Coin Approaches 50,000 Holders

In accordance with knowledge from DEX Screener, DADDY’s market cap is at present pegged at $69.7 million. Alternatively, MOTHER has a slight edge with a valuation of $75.7 million. Regardless of the fierce competitors, MOTHER has proven outstanding resilience and restoration, contrasting sharply with DADDY’s downturn.

Initially, DADDY had surged previous MOTHER in market valuation as a result of preliminary hype post-launch. Nonetheless, current developments have reversed these fortunes. Andrew Tate, recognized for his controversial statements, beforehand shared his motives for backing DADDY.

“I heard a few coin referred to as MOTHER, so now I’m supporting a coin referred to as DADDY to flip it for the patriarchy,” Tate mentioned.

Learn extra: 11 Prime Solana Meme Cash to Watch in June 2024

Daddy Tate (DADDY) and Mom Iggy (MOTHER) Worth Efficiency. Supply: TradingView

At present, DADDY boasts 41,930 token holders, surpassing the 27,056 wallets holding MOTHER. Tate has sparked curiosity amongst his followers by hinting at a possible shock as soon as DADDY hits 50,000 holders, seemingly involving vital token burns.

Furthermore, each celebrities are integrating their meme cash into broader enterprise endeavors. On June 10, Iggy Azalea introduced that her telecommunications firm, Unreal Cellular, would settle for MOTHER and Solana (SOL) for buying telephones and month-to-month cell plans. This transfer is supported by a partnership with Sphere Labs, which goals to embed cryptocurrency into on a regular basis transactions.

Concurrently, Andrew Tate is exploring utilities for DADDY, together with its transformation right into a non-fungible token (NFT) to cut back its provide considerably. He plans to try this by shopping for the coin along with his personal cash and burning it at sure market caps.

Learn extra: 7 Scorching Meme Cash and Altcoins which might be Trending in 2024

Moreover, Tate plans to combine the DADDY coin along with his Actual World College, providing unique entry and potential staking rewards to coin holders. This method goals to generate day by day cryptocurrency rewards for college members, additional enhancing the coin’s attraction.

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