According to Odaily, Bubblemaps has detected a significant amount of insider trading activity in the Meme coin DADDY. At the time of its launch, insiders purchased 30% of the total supply. Andrew Tate, known as @Cobratate, began promoting it on platform X, and his current holdings are valued at over $45 million.
Furthermore, Tate has not yet destroyed the 40% supply he holds, which is worth $64 million. This suggests that he could potentially start selling at any time. The detection of such activities raises concerns about the transparency and fairness of the cryptocurrency market. It also underscores the need for more stringent regulations and oversight to protect investors and maintain market integrity.