People who first bought a digital coin called DADDY, made by a famous person named Andrew Tate, might have a lot of money they haven’t used yet. This could be around $45 million, says Bubblemaps, a service that watches digital wallets. But remember, there’s no proof that Tate sold his coins early. Still, some clues hint that there might have been some early buying before the coin was widely discussed on X.

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• Bubblemaps reports potential $45 million unrealized gains for early buyers of Andrew Tate’s DADDY meme coin.
• Despite no solid proof of insider trading, early purchases before broad promotion raise suspicions.
• DADDY joins the growing trend of celebrity-backed tokens in the meme coin ecosystem.

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Pioneering Investors in Andrew Tate’s DADDY Meme Coin Allegedly Command $45M in Unrecognized Returns

According to Bubblemaps, some wallets that don’t look to be directly connected to Tate bought about 30% of all DADDY coins before it was largely talked about on X. These buys happened right after the coin was first shown to the public on June 9, suggesting there might have been some early trading.

Bubblemaps noticed something interesting. “@DaddyTateCTO sent 40% of all DADDY coins to @Cobratate, Tate’s official account, on June 9th. Interestingly, 11 wallets, all filled through a platform called Binance with nearly the same amounts simultaneously, bought 20% of all DADDY coins the day before @DaddyTateCTO made his first tweet.

Furthermore, Bubblemaps tracked two more groups holding another 10% of all the coins, now worth about $30 million. Currently, the trading pools for these coins have about $2.4 million ready to be traded. This means those holding these positions can’t currently cash in all their value.

Tate’s digital wallet is said to hold DADDY coins worth $65 million at the current market prices. However, he hasn’t sold any coins yet. This is the first time the popular social media figure has been directly involved with a digital currency coin. His involvement helped the coin gain a $240 million market value just three days after its launch. According to data from a DEXTools service, the coin’s prices have increased by 55% over the last day.

The DADDY meme coin, created by Andrew Tate, is the latest digital coin to become popular in the world of meme coins. Unlike before, famous people support these coins and help create, back, and advertise them, mainly on an X platform.

A few months ago in May, several famous people, including American TV personality Caitlyn Jenner and singers Iggy Azalea, Trippie Redd, Lil Pump, and Davido, introduced their coins using an app called Pump Fun that’s based on something called Solana. But, sadly, most of these coins are not doing so well, with their value decreasing by up to 90% from the highest point they reached.

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