In a transfer that has as soon as once more spotlighted his aptitude for the dramatic, former kickboxer Andrew Tate has thrown down a $10 million crypto guess on X. Tate’s problem was directed at distinguished ‘Crypto Twitter’ influencer Ansem. Moreover, the most recent remark comes on the heels of the Solana meme coin burn controversy.
Andrew Tate Takes On Ridiculous Crypto Bet
Andrew Tate started the tweet by declaring that the present cycle is his and challenged Ansem for a boxing match. The web persona added, “I will fight with one hand.” Furthermore, he declared, “Loser donates 10m to a coin of the winner’s choice.”
Since Tate has had a fruitful profession in kickboxing, the guess is sensible. However, it’s unlikely that Ansem would comply with it. Hence, the $10 million crypto funding might truly not develop into a actuality. Nevertheless, Tate has taken nice curiosity into the crypto market these days and his subsequent transfer can’t be predicted.
Ansem, the goal of Tate’s boxing problem, has been gaining appreciable recognition over the previous 12 months as a consequence of his spectacular funding story. He invested in Solana (SOL) when it was value solely $1.5, making a staggering 170x revenue when the crypto skyrocketed to its all-time excessive of $260.
Moreover, the crypto influencer’s success has made him a notable determine within the crypto group. In addition, his current commentary on SocialFi crypto has solely amplified his affect. Furthermore, he’s a new-age crypto millionaire, therefore, the group takes his advise critically.
However, Tate appears to overthrow Ansem’s recognition within the ecosystem. The newest provocative tweet follows a collection of high-profile actions inside the Solana ecosystem, the place Tate lately burned $11 million value of a brand new Solana meme coin, TOP G. This dramatic occasion induced the TOP G coin’s worth to skyrocket by over 130%, boosting its market cap to over $65 million.
Also Read: Bonk Price Prediction: Will Solana Meme Coin Sustain 4% Surge in a Bloody Cryptocurrency Market?
The TOP G Burn Controversy
The Top G meme coin’s official Twitter account praised Tate for burning 58% of the coin’s provide, leaving solely 37% in circulation. “Now we cook,” they declared, suggesting the burn was a strategic transfer to boost the coin’s worth.
The former kickboxer’s actions haven’t gone unnoticed inside the crypto group, as his subsequent tweets have solely added gasoline to the fireplace. Tate boasted about his disruptive capabilities, confidently asserting, “I WILL CRASH THE SOLANA NETWORK.” In one other tweet, he claimed, “LOOK WHAT I CAN DO. TOP G IS GOING TO BURN IT ALL,” additional stoking controversy and debate inside the crypto area.
Despite Tate’s aggressive stance and the huge burn of TOP G tokens, he has insisted that his intentions aren’t purely self-serving. After encouraging his followers to ship him cash, he subsequently burned them. However, Tate revealed, “GUESS HOW MUCH MONEY I’VE MADE TODAY? ZERO.”
He claimed that he had revamped $100 million in trades by means of Solana, serving to others develop into millionaires, but personally profiting nothing from the current burn. In a follow-up tweet, he clarified, “Correction. I lost $11 million by setting it on fire ;),” underscoring his intent to reveal energy and affect inside the crypto world.
The influence of Tate’s actions on the Solana community and the broader crypto market stays to be seen. His vow to “crash Solana” and his provocative tweets have actually captured the eye of the crypto group and past. The TOP G coin, regardless of its unstable historical past, has seen a major improve in worth.
The Solana meme coin erased a zero in its worth and surged to an ATH of $0.07836, marking a whopping 1045% improve after Tate initiated the burn. This means that Tate’s technique could also be paying off in sudden methods. However, the crypto additionally plummeted to new lows thereafter, indicating that these tendencies may be short-lived.
Also Read: Solana Plummets to Double-Digit Weekly Losses: Possible Short-term Reversal?
The offered content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
