Andrew Tate, known as @Cobratate, has followed through on his promise to purchase and burn $40,000 worth of $Daddy tokens after the number of holders surpassed 40,000. Initially, there were 38,337 holders, and Tate set a 60-minute challenge to reach 40,000 holders. The total number of $Daddy holders reached 41,250, prompting Tate to make the purchase and burn the tokens. This move is part of a broader trend in the cryptocurrency community where token burns are used to reduce supply and potentially increase value.
JUST IN: @Cobratate bought $40K worth of $DADDY (@DaddyTateCTO) and burned it out of existence.
41,250 $Daddy holders. So I bought 40k USD. Will burn the tokens. Burn baby burn. https://t.co/CP9VuMa88U https://t.co/tIMNOYUTbH
An additional $840,155 worth of $TRUMP has been burned and removed from the total supply. That moves our burn address up to the 5th largest holder. https://t.co/jR2xRxYNpT
Dear Dead Dad Holders, Burn is imminent. Holder Heir Drop imminent. So once again I am asking for your solana wallets so that we can reward our best soldiers. If you do not own $DDC. You will not receive a heir drop. Time to send it. For dad. Like / retweet or else. https://t.co/mKgIqvUX6o
38,337 holders of $Daddy If we get to 40,000 holders in the next 60mins ill buy 40k USD and burn it. https://t.co/HEW7L9nWF2