Jun 9, 2024

Jun 9, 2024

Jun 9, 2024

King Cobra

King Cobra

Andrew Tate burns millions worth of coins after joining Solana

Andrew Tate burns millions worth of coins after joining Solana

Andrew Tate burns millions worth of coins after joining Solana

Andrew Tate, the internet’s favorite provocateur, has officially joined the Solana community, sending shockwaves through the crypto world. As a result, hundreds of coins associated with his likeness have sprung up, some skyrocketing into the tens of millions of dollars in value.

In true Tate fashion, he posted his public wallet address, and eager Solana users flooded it with millions of dollars worth of tokens, hoping for a shoutout or free promotion. Instead, Tate did the unexpected: he burned all of it, torching millions of dollars in a blaze of audacity.

Tate’s reputation precedes him, having gained most of his fame by embracing internet controversies. His relationship with crypto mirrors this persona, swinging wildly between admiration and disdain. In interviews, he’s been quoted saying, "I will not have sons who are too busy buying NFTs and saying oh I made a little bit of money and have skinny little arms." Yet, in the same breath, he brags about calling Solana at $6 and flaunting his early crypto and NFT investments during the last bull market.

When the market turned bearish, Tate pivoted, calling crypto a scam and deriding "crypto bros" as losers. Yet here he is, launching a memecoin that reached a staggering $90 million market cap, all while playing the controversy card with an offensive ticker that we won't dignify by naming.

But could there be more to the story? Tate has been pushing his "University" website, which claims to teach real-life skills like e-commerce, marketing, copywriting, crypto investing, trading, and business. Is this all just a marketing ploy for his next big venture? It’s possible that Andrew is smarter than he seems, playing chess against the Solana community while others are playing checkers.

Only time will tell. As the celebrity meta continues and new millionaires are minted, many don’t care as long as they keep making money. For now, Tate’s antics have left a mark on the Solana scene, proving once again that controversy and crypto are a match made in meme heaven.