Analysis: Most Meme Coins Popularized by Internet Celebrity Andrew Tate Are Close to Zero

Bubblemaps posted on X that most of the Meme coins promoted by Instagram influencer Andrew Tate are close to zero. Since June 7, Tate has endorsed more than 10 Solana ecosystem Meme coins, and shortly thereafter, most of these tokens have lost about 99% of their value. For example, "Andrew Tate first bought GER (Germany Token)... A cluster holds 30% of the supply, and its price has fallen 99% in two months." Most of the other cryptocurrencies endorsed by Tate have also fallen by more than 90%, including Fuck Tristan (FTRISTAN), TopG (TOPG), RNT (RNT), and Daddy Tate (Daddy). In addition to Tate, several celebrities such as 50 Cent, Caitlyn Jenner, and Iggy Azalea have also promoted Solana-based tokens, many of which have lost most of their value. Analysis shows that the price of more than 30 "celebrity coins" launched on Solana in June this year has fallen by no less than 73.23%. (Cointelegraph)