Andrew Tate’s DADDY coin surged 78% after news broke that he was allowed to leave Romania for Florida.
His legal troubles continue, with Romanian prosecutors confirming his case is ongoing and the UK issuing a pending arrest warrant.
DADDY coin holders celebrate Tate’s apparent freedom, but concerns over his legal future cast uncertainty over the token’s stability.
Andrew Tate’s Solana-based meme coin, DADDY, exploded 78% in value after news broke that he and his brother Tristan boarded a private jet to Florida, marking his first time leaving Romania since his 2022 arrest.
ICYMI: Andrew Tate's memecoin $DADDY (@Cobratate) pumped 100% amid reports of him traveling to the U.S.
The Financial Times reports that Trump’s administration recently pressured Romanian officials to ease travel restrictions on Tate, though Romania’s foreign minister denied it was “pressure”.
Tate’s Legal Battles & Meme Coin Mania
Tate, who has faced charges of human trafficking, sexual misconduct, and money laundering, has been under various forms of custody or travel bans for over two years.
DADDY coin’s market cap jumped from $22.1M to $38.7M in just 12 hours, fueled by the news of his departure.
The coin was originally launched in response to Iggy Azalea’s MOTHER token, with Tate claiming he was “flipping it for the patriarchy.”
Last year, Tate falsely claimed he could travel globally for DADDY’s “world tour”, only for his travel ban to be reinstated.
“What you’re seeing is the cult of Tate turning market speculation into a movement,” a crypto analyst noted.
While DADDY coin holders celebrate Tate’s apparent freedom, his legal troubles are far from over.
Romanian prosecutors confirmed his travel ban was lifted, but his criminal proceedings are ongoing.
British women accusing Tate of rape and human trafficking told the Mail Online they are in “disbelief” over the news.
Even if he avoids jail in Romania, the UK has a pending arrest warrant for him tied to rape, sexual assault, and tax evasion.
For now? DADDY coin traders are riding the hype, but Tate’s legal future—and his meme coin’s stability—remains highly uncertain.
Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.
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