Markets
Andrew Tate Meme Coins Take Over Solana
It’s meme coin season, right!
There’s no two ways around it: meme coins are undoubtedly Solana’s main narrative, and it seems like it’s only a matter of time before another celebrity comes on board.
After Iggy Azalea, it is now Andrew Tate who has put the Solana community on alert. Tate-inspired meme coins are now the most popular cryptocurrencies on DEXScreener, accumulating hundreds of millions of dollars in capital in less than a few hours.
It is challenging to follow the precise timeline, but Tate confirmed that he is, in fact, “creating chaos” in the crypto market and trying to “destroy Solana.”
“There are a lot of people asking me about all this chaos I have created in the crypto markets while trying to take down Solana. Millions of tweets were made today because of me and from my stupid tweets, I made a complete mess. I’m sure some people have made millions of dollars from me…”
In fact, Tate’s official X account timeline is flooded with crypto-related tweets, some even claiming that he burned over $30 million in some meme currency.
As a quick reminder, meme coins carry a substantial risk of capital loss, are inherently volatile, and most of them lack any specific utility.