Daddy Tate (ticker: DADDY), the cryptocurrency launched by influencer and former world kickboxing champion Andrew Tate, has plunged to an all-time low of $0.02682, according to a recent report from Finbold.
Initially promoted as a way to “escape the financial matrix and get rich fast,” the coin has lost more than 88% of its value since its June 15, 2024 launch, when it peaked at $0.2622.
The decline has only accelerated in 2025. At the start of the year, DADDY was trading at $0.0553. Today, that same investment of $1,000 would be worth less than $484, showcasing the depth of investor losses. DADDY’s market cap once soared to $120.69 million, but as of July 8, 2025, it sits at just $16.56 million.
We’re witnessing a textbook example of hype-driven volatility unraveling in real time. Without utility or a real economic model, meme coins like DADDY tend to collapse once the initial excitement fades
Jordan Major, senior analyst at Finbold
Blockchain data from Solscan paints an even bleaker picture. Trading and transfer volume for DADDY on decentralized exchanges (DEXs) is at a 3-month low. Wallet activity is virtually flat, and the top 10 wallets currently control over 18% of the total supply, raising concerns about centralization and liquidity risk.