Andrew Tate’s DADDY Meme Coin Surges 78% as Controversial Influencer Flies from Romania to Florida

The Solana-based meme coin associated with controversial influencer Andrew Tate has experienced a dramatic 78% price surge following news that he has departed Romania on a private jet bound for Florida. The DADDY token’s market capitalization jumped from $22.1 million to $38.7 million within just 10 hours of the travel news breaking, according to market data.

This marks the first time Tate has been permitted to leave Romania since his arrest in December 2022 on charges of human trafficking, sexual misconduct, and money laundering. The self-proclaimed misogynist and his brother Tristan Tate have consistently denied all allegations against them.

According to the Financial Times, the unexpected travel permission follows pressure from the Trump administration on Romanian authorities. U.S. officials reportedly discussed the Tates’ case with the Romanian government via phone, and Trump later sent an envoy to meet with Romanian foreign minister Emil Hurezeanu. While Hurezeanu confirmed these discussions occurred, he did not characterize them as “a form of pressure.”

Romania’s Directorate for Investigating Organized Crime and Terrorism (DIICOT) released a statement Thursday indicating that prosecutors had lifted travel restrictions on two defendants with dual U.S.-British citizenship. The statement emphasized that despite the travel allowance, criminal proceedings against these individuals would continue.

Tate’s crypto connections deepened in 2023 when he began publicly endorsing meme coins, with DADDY emerging as his flagship token. The influencer previously boasted that his token had surpassed rapper Iggy Azalea’s MOTHER token, claiming he wanted to “flip it for the patriarchy.” Current trading data from DexScreener confirms the significant price movement following the travel news.

The legal situation for the Tate brothers remains complex. Prior to this development, they had either been in custody, under house arrest, or had their movements restricted to Romania’s Ilfov County region. Last July, Andrew falsely claimed his travel ban within the EU had been lifted and announced plans for a global DADDY token tour—plans that never materialized after the court overturned the travel permission.

British women who have accused Andrew Tate of rape and human trafficking expressed distress at the news of his travel permission, telling the Mail Online they were in “disbelief and feel retraumatised by the news.” Additional women not involved in the Romanian case have provided the BBC with detailed accounts of alleged sexual violence, including incriminating text messages and voice notes.

Even if Tate avoids conviction in Romania, his legal troubles extend elsewhere. He faces a British arrest warrant for rape and sexual assault allegations, along with a civil claim for tax evasion in the UK.

Meanwhile, supporters in the Daddy Tate X community have celebrated what they perceive as their leader’s newfound freedom, contributing to the token’s significant price action despite the ongoing legal challenges.

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