According to data compiled by Finbold Research on November 13, DADDY TATE (DADDY) has fallen to approximately $0.018, sending the Solana-based memecoin associated with influencer Andrew Tate to its lowest price since launch.
The drop marks a sharp unwinding of the intense early hype that briefly positioned DADDY as one of the fastest-growing celebrity tokens of 2024.
On exchanges, the token traded around $0.26 at its peak in mid-June 2024. The current DADDY TATE coin price of $0.018 represents a decline of over 90%, bringing its total market capitalization down to about $11 million, a level more typical of low-liquidity microcaps than of its launch period.
On-chain data highlights additional structural weaknesses. Solscan shows a current supply of 599.63 million tokens and 66,304 holders as of November 13. Importantly, the token has been losing holders over time.
On August 15, DADDY had 68,446 holders, which means more than 2,140 wallets have exited in less than three months. This trend points to declining retail participation at a time when the project would normally rely on new entrants to stabilize liquidity.
What is DADDY TATE coin?
The token launched in June 2024 on Solana, backed heavily by Tate’s online promotion and within its first week, DADDY surged to an estimated $113 million in market cap, overtaking Iggy Azalea’s MOTHER token.
DADDY TATE coin 1-year price chart. Source: FinboldSupply concentration remains elevated. The top 10 wallets hold 18.98% of the supply, equal to 113.8 million tokens, while the remaining 81.01% is distributed across smaller holders. In thin markets, high concentration can accelerate downward pressure because large wallets influence liquidity conditions by choosing whether to sell or remain inactive.
The broader backdrop adds further challenges. Throughout 2025, regulators and analysts have raised concerns about celebrity-linked tokens, noting that many lack long-term utility or transparent governance structures. DADDY’s declining holder base, falling valuation, and reduced liquidity fit this pattern.
Without new utility, stronger development efforts, or renewed community engagement, the latest price collapse may not be a temporary capitulation. Instead, it may represent a more fundamental reassessment of a hype-driven asset returning to its intrinsic value.
Source: https://finbold.com/andrew-tates-crypto-hits-record-low-is-daddy-tate-coin-finished/
