Over the last few weeks, the meme coin space has been overrun with celebrities endorsing and launching coins, but none has made as much impact as Andrew Tate. Following his support for the DADDY coin and pledge to burn $100 million worth of the coin, many crypto boys are beginning to call him Daddy. Meanwhile, there is a new DeFi project making rounds in the crypto space as it makes its bid to become the daddy of the $450 billion gambling industry.
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Andrew Tate To Burn $100M Worth of DADDY, Sparks Bull Run
Andrew Tate, the American-British social media personality and professional kickboxer, has sent shockwaves through the crypto space once again. Following the success of the Mother Iggy (MOTHER) meme coin, Tate took to X to support another coin, DADDY, “to flip it for the patriarchy.”
With the meme coin space still grappling with the support, Tate announced that he would burn $100 million worth of cryptocurrency during a live stream. His support for the meme coin has earned Tate the title of Daddy and the coin, Daddy Tate.
Shortly after Tate announced his support for DADDY, the price of the meme coin surged by more than 209%, outperforming the MOTHER coin. However, during the bull rally of DADDY, the activities of some insiders at the time of the launch were noticed by the blockchain analytics firm Bubblemaps. This claim was backed by Tate receiving 40% of DADDY’s circulating supply on June 9.
The researchers’ report suggests that insiders allegedly bought 30 percent of the coin’s supply before the promotion with Tate. These early holders are stated to be holding assets worth more than $45 million at present. With the chaos still unfolding, many savvy investors have turned their attention to the new DeFi project, Rollblock which has shown potential to dominate the gambling industry.
Rollblock (RBLK) Unveils New Protocol To Rule the Gambling Industry
Rollblock (RBLK) is an intriguing new project that has caught the attention of the crypto market with its rapidly selling out blockchain ICO. Investors have shown a lot of interest in Rollblock, as it is a unique project aimed at transforming the $450 billion gambling and casino business with the use of its GambleFi protocol.
GambleFi assists Rollblock in providing one of the most effective, fair, and transparent online gambling services. The platform also has a fully licensed casino with over 150 high-paying games in the casino category.
On the Rollblock gambling platform, players are allowed to venture into gambling without the need to submit their KYC documents and send in personal information. Besides, all they need is a wallet address to fund the trading accounts and an email address. This feature allows the clients to place their bets without disclosing their identity and from any corner of the world.
Rollblock is also making a claim as one of the best cryptos to buy now because it implements a very attractive revenue sharing system. The team stated that from the weekly income earned, up to 30% will be used to buy back RBLK tokens in the market. Out of the purchased RBLK, 50% will go to those who stake and HODL RBLK tokens, while the other half will be burned to ensure scarcity of the token.
Due to its distinctive model, Rollblock’s blockchain ICO has been in hot demand, selling out its first two stages in record time. While RBLK is currently trading at $0.014 in the third round of its presale, crypto analysts expect RBLK to rise in value by up to 50x by the end of this year, making it one of the best cryptos to buy now.
Closing Thoughts
Although Andrew Tate’s support for and pledge to burn $100 million worth of DADDY coin has made it one of the trendiest coins, savvy investors have turned to Rollblock instead. Offering more utility and the ability to take over a $450 billion market, many crypto experts are tipping RBLK to be the next big thing in the crypto space.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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