🚀 Meme coin DADDY surges 35% following Andrew Tate's announcement encouraging accumulation. However, the token faced insider buying controversy, while the price of its rival coin, MOTHER, fell sharply.

DADDY, the latest sensation in the meme coin niche, saw its price jump 35% in the last 24 hours. It is currently trading around $0.15, with a market cap of almost $100 million.

This latest price spike may have been triggered by an interesting announcement from Andrew Tate, a former boxer and popular online influencer. He urged all DADDY holders to accumulate as many assets as possible in the next 72 hours, claiming he had prepared a "big plan" after that period.

However, DADDY became the subject of major controversy after crypto analytics firm Bubblemaps stated that insiders purchased 30% of the supply at launch. The firm also stated that Tate received 40% of all DADDY tokens, which are currently worth more than $35 million.

Meanwhile, MOTHER, Australian model and rapper Iggy Azalea's announced DADDY rival, has underperformed of late. The price fell 14% on a daily basis and almost 50% in the past week.

What do you think about DADDY's price spike and MOTHER's decline? Come on, leave your comments below! 😁