Andrew Tate, an influencer and former kickboxer who has just lately been accused of human trafficking, introduced on X that he had burned over $10 million value of Solana-based TOPG tokens.
Tate obtained over 580 million TOPG tokens as a donation from an unnamed supply.
He acknowledged that his intention behind burning the tokens was to trigger chaos within the crypto neighborhood, stating, “It is not about cash. It is about sending a message.”
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In a sequence of different posts with offensive commentary on X, Tate introduced his assist for a brand new coin referred to as DADDY, trying to problem rapper Iggy Azalea’s newly launched memecoin MOTHER. He talked about his plan to burn all his DADDY tokens, aiming for no less than $100 million in worth.
Blockchain information platform Bubblemaps highlighted suspicious insider actions surrounding the DADDY token. In line with their report, insiders bought 30% of the $DADDY provide at launch earlier than Tate started selling it on social media, and these insiders at present maintain over $45 million value of tokens.
Total, Tate’s current actions and controversial statements have stirred turmoil and suspicion within the crypto neighborhood.
In different information, Elon Musk just lately threatened to ban Apple gadgets in his corporations if OpenAI’s ChatGPT is built-in into iOS, citing safety considerations.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech business, Aaron understands the entire largest points and struggles that crypto fans face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to individual for every thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and searching for the following supernova.
