Former kickboxer and social media personality Andrew Tate has shared his insights on the overall cryptocurrency sector and his frustrations with its culture.
Speaking during an interview with crypto influencer Michael Jerome on July 8, Tate pointed out that the sector was a mess before he joined it, describing it as “infantile” and “asinine.”
Tate criticized the crypto community for solely focusing on quick profits instead of the lessons along the way.
Reflecting on his past criticism, Tate acknowledged that while the crypto culture may be based on early entry, which could be seen as a skill or luck, it’s also a journey of learning.
“I didn’t like the crypto culture as a whole because the culture was based on getting in early, which I guess you could argue is a skill, but to a degree, is luck. <…> The whole culture was just based on infantile asinine the whole thing aggravated me. <…> It’s nearly impossible to get rich without learning lessons along the way,” he said.
At the moment, Tate is among the celebrity influencers with crypto tokens behind them. His cryptocurrency, Daddy Tate (DADDY), has seen tremendous interest in recent months.
Regarding Tate’s comments on the crypto space, it will be interesting to monitor how the DADDY token performs in the coming weeks, given his contrasting statements and the fact that he benefits from the industry.
AI predicts DADDY’s price
In this line, Finbold consulted CoinCodex to utilize its AI-powered machine-learning algorithms to evaluate the anticipated price of DADDY by the end of the month.
According to data retrieved on July 10, the platform indicated a bullish sentiment for the token in the coming weeks. The platform projected that DADDY will likely trade at $0.4011 on July 31.
This projection depicts an increase of about 140% from the current valuation.
Despite ongoing market volatility, the token has primarily traded in the green zone, with the market cap aiming to establish above the $100 million mark.
DADDY price analysis
As of press time, DADDY was trading at $0.1672, representing weekly gains of over 5%. In the past 24 hours, the token is up over 7%.
On the weekly timeframe, DADDY has shown notable fluctuations. The price level around $0.1556 has acted as a strong support zone, where the price has repeatedly found a base before moving higher. The resistance is at $0.167, a level tested but not surpassed within the week. If the price drops below $0.1556, the next support level is around $0.140.
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