Andrew

Andrew Tate made millions by SCAMMING his community!
He made a massive fortune in just one recent livestream.
I'm sure you've heard of @Cobratate.

1. Recently, he launched a live stream.
2. During this stream, he aped different memecoins.
3. He claimed that the main goal for viewers was to make money.
But he scammed everyone! You must know the truth!
He lied right to your face
He claims he streams only for fun and that he's not interested in any profit.
Despite being a millionaire with plenty of money, he was just lying.
During the stream, he showed two types of coins:
- Low-cap memecoins
- Big-cap memecoins
Memecoins with low market capitalization are easy to pump.
Their low liquidity and few market participants mean that even small purchases can cause significant price fluctuations.
This makes these coins extremely volatile, as minimal investments can greatly affect their value.
Being well-known in cryptocurrency, he carries his own baggs of memecoins.
Due to his fame, he disclosed the tokens he holds: $DADDY and $G. As a result, their market capitalizations increased.
When the market cap reached a significant level, he sold all his tokens at once.
The scam scheme:
Before the broadcast, the Tate team crafted a convincing story to entice him to join the live event.
They pre-deployed the token on @pumpdotfun and bought back most of the coins, ensuring complete control.
Minutes before the start, Andrew found out. As his followers bought the token, the team crashed the price, causing losses.
Example of scam
CA: 2VVSAJ6E3wHHcMGKs9SWAr5YujQaPVSdGn2rTWZ9pump
- @issathecooker convinced Andrew Tate to promote this token, aiming to attract as many investors as possible.
- Once a large number of people invested, the fraudsters slashed the coin's market capitalization from $6M to $50K, causing significant losses for investors.
Analyze:
Move to the "Top Traders" tab.
These traders made profits ranging from $80k to $250k. They purchased a significant portion of the tokens, artificially increasing their value before listing them on Raydium.
Don't blindly trust Andrew Tate or any other celebrity.
He makes millions by exploiting the trust of his audience, skillfully wrapping his actions in the attractive packaging of his own popularity.
Instead, rely on your intelligence, analytical skills, and critical thinking to avoid traps and rash decisions.