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Andrew Tate’s ‘Daddy’ Memecoin has now been accepted on Travala

Andrew
  • Andrew Tate’s ‘Daddy’ coin gains acceptance on Travala, marking a new phase for celebrity-backed cryptocurrencies.
  • Tate’s active promotion strategy for $Daddy contrasts with traditional celebrity endorsements in crypto.
  • Tate plans a global tour to promote ‘Daddy’ Coin, aiming to reshape its image and market position.

Andrew Tate’s memecoin, $Daddy, can now be used for hotel, flight, and car bookings on Travala, the travel site. This development comes after Tate and his brother Tristan were granted permission by a Romanian court to travel across Europe. The social media influencer shared the news on X, emphasizing his plans to tour the world following his release from house arrest.

Expanding Daddy’s Reach

Users can book BNB Smart Chain transactions commission-free with Travala, a booking service offered by Binance. With support for more than 2.2 million hotels globally, the network takes cryptocurrency payments in the form of Bitcoin and Ethereum. Daddy is the latest cryptocurrency to be approved on this expanding list. 

On X, the travel agency hinted at this collaboration, and Tate subsequently verified the agreement. Daddy’s price, however, fell 5% to $0.1601 after the announcement, according to Coinmarketcap. The total volume of trades in a day was $13.26 million.

Unlike traditional celebrity endorsements, Tate has actively issued and backed his Daddy token. This marks a new trend of celebrity-driven meme coins. In May, other celebrities like Nigerian musician Davido, U.S. media personality Caitlyn Jenner, and rapper Iggy Azalea launched their meme coins on Solana, promoting them on X. Tate’s involvement signifies a unique approach to promoting and legitimizing these tokens.

Tate, who was cleared to leave Romania while awaiting trial on criminal charges, joined crypto influencer Michael “ThreadGuy” Jerome for an extensive discussion. They covered topics ranging from masculinity to COVID-19 vaccines and hedonism. Although Tate has faced legal issues, he avoided discussing them during the interview. Instead, he focused on his views on crypto and his plans for the Daddy token.

Tate’s Vision for Daddy Token

Tate criticized the crypto culture for focusing on quick profits without learning valuable lessons. He emphasized the importance of hard work and dedication. According to Tate, the existing crypto culture was a mess before he entered. He aims to bring legitimacy and meaningful gains to the industry. Tate plans to launch a global tour to promote the Daddy token and his crypto vision.

In the coming days, Tate will release a detailed video explaining his plans. He believes that harnessing profits to build successful businesses that hire people and evolve is crucial. Throughout the conversation, Tate stressed the value of using crypto profits to create positive impacts.

Andrew Tate’s active involvement in the Daddy token represents a shift in the celebrity-driven meme coin landscape. His plans to promote the token through a global tour and partnerships like Travala highlight his unique approach. As the Daddy token gains traction, it exemplifies the evolving trends in the cryptocurrency market driven by influential personalities.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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