Daddy Tate, Meme Coin of Andrew Tate, has fallen by more than 5% since May 28, when British accusations of the nature of the internet were permitted.
Built on the Solana network, Daddy Token is currently trading at $0.03579, falling from its price of $0.03899 on May 28th.
The Plunge is primarily the result of British prosecutors detailing all the charges the Tate brothers face when they return to the UK.
Dip makes a lot of sense given his dad’s past sensitivity to Andrew Tate’s actions and legal battles.
For example, in the second half of 2024, tokens surged by 20% in the context of Romania’s legal development, and later cast more than 5% as £2.7 million (~$3.66 million) on Tate’s assets were seized by British authorities.
Papa token price outlook
Interestingly, the token experienced a revival today and climbed 5%. Similarly, the 24-hour volume rose 21.17% to $1.27 million.
Elsewhere, the total market capitalization reached $2,214 million, with fees approved starting from $2,352 million on May 28th.
According to CoinMarketCap data, today’s small bounces can be attributed to technical rebounds. This marked a renewed interest on behalf of more speculative and risky traders as indicators such as the relative strength index (RSI) showed conditions for overselling, and Papatite approached the one-year anniversary on June 9th.
If you are liquidated, please say help with me and illness.
– Andrew Tate (@Cobratate) June 4, 2025
Also noteworthy is that Dad performed better than the broader crypto market, which fell about 1.35% over the same period.
However, rebound coincides with the volatility of typical meme coins. For example, Coincheckup says tokens are 25% above this month’s forecast price, but are projected to exceed 23% within three months.
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