Andrew Tate’s top 3 investments for end of 2024
The post Andrew Tate’s top 3 investments for end of 2024 appeared on BitcoinEthereumNews.com.
Though his belligerent stance and demeanor of an aggressive entertainer make discerning Andrew Tate’s honest investment picks difficult to gauge, several assets have emerged as his favorite throughout 2024. The former kickboxing star has been vocal about his support for cryptocurrencies, with Bitcoin (BTC) and Ethereum (ETH) taking center stage. Tate has also dipped his toes in meme coins with the launch of Daddy Tate (DADDY), though the cryptocurrency has, despite early success, failed to take off and has spent much of its existence on a decline. It is also worth pointing out that, much as is the case with many other facets of the modern world, the prominent influencer has a mixed relationship with the crypto market as he has also purchased a Madonna-themed token with the explicit goal of crashing the Solana (SOL) network. Still, given the recent rumors of a ‘huge case’ in the making and a mysterious drop in stablecoin volume, it is doubtful whether the blockchain needs additional external help to crash. The SOL token itself has, however, continued its strong performance despite the adversity, particularly after VanEck’s plans to establish a fund became known. Bitcoin (BTC) Out of all the cryptocurrencies – aside perhaps from DADDY – Tate has been the most vocally bullish about Bitcoin. Indeed, in mid-May, the influencer announced that he would be abandoning fiat currencies such as the U.S. dollar or the pound sterling in favor of cryptocurrencies. In the same X post, he claimed he would be investing $100 million in BTC – a move that may have, so far, led to substantial unrealized losses given Bitcoin’s recent downturn. BTC 30-day price chart. Source: Finbold It is worth noting, however, that it is somewhat unclear whether Tate went on and made the massive purchase, given he partially reneged on…
Filed under: News - @ June 28, 2024 11:12 am