$DADDYT Soars 110% Following Andrew Tate’s U.S. VisitThe memecoin $DADDYT, inspired by Andrew Tate, has recently made headlines after a 110% price surge in a single day. This rally was fueled by reports that Tate and his brother Tristan left Romania for the first time since 2022, traveling to Florida. The market responded swiftly, catapulting the token’s market cap from approximately $21 million to over $43 million in just 24 hours.
Technical Analysis
After reaching a peak price of $0.07595, $DADDYT has slightly retraced, currently down 7.55%. However, the Relative Strength Index (RSI) stands at 66.70, indicating that the token is consolidating and potentially gearing up for another leg up.
- Support Level: The 78.6% Fibonacci retracement level serves as a key cooling point in case of a pullback, offering a solid base for buyers to re-enter.
- Resistance Level: The 1-month high is acting as a crucial resistance, and a breakout above this level could set the stage for further upside, potentially pushing $DADDYT to new all-time highs.
What’s Driving the Hype?
Beyond the recent surge, $DADDYT has built a strong narrative around financial independence and unconventional investment strategies, much like Andrew Tate’s personal brand.
What’s Next for $DADDYT?
With an engaged community and strong momentum, $DADDYT remains a token to watch. The key levels to monitor include the 78.6% Fibonacci retracement as support and the 1-month high as resistance. A break above resistance could signal further bullish momentum, while a retest of support might offer an ideal re-entry point for traders.
