Andrew Tate, also known as Cobratate, has significantly impacted the cryptocurrency market with his promotion of the $DADDY token. Recently, on June 13, Tate burned 40% of the total supply of $DADDY, valued at $110,597,600. The token has seen a surge in popularity, surpassing 30,000 holders as of June 14. Despite its growth, insiders hold 30% of the supply, prompting calls for caution. Tate has also announced plans to burn an additional $500,000 worth of $DADDY once 5,000 more students join his initiative.