Once touted as the next big thing in the meme token world, Andrew Tate’s “Daddy Tate” cryptocurrency has seen a staggering decline since its launch.
Trading at $0.09411, the token has plummeted 60.28% from its peak, and 39.28% over the last month alone, according to the latest data from CoinMarketCap on November 13.
DADDY all-time price chart. Source: CoinMarketCap
This drastic fall has sliced Daddy Tate’s market cap from a high of $120 million down to $56 million, with only nine green days out of the past 30—a troubling sign for holders.
Since reaching DADDY’s all-time high of $0.28677 on June 14, 2024, Daddy Tate has been on a downward trajectory, hitting a cycle low of $0.04991 on August 5.
The highest price it achieved since that low was $0.185184, but it appears unable to maintain any significant recovery. This volatility has left many questioning the token’s long-term viability, especially as its market cap continues to erode, despite the broader
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