Andrew Tate’s cryptocurrency, the Daddy Tate coin (DADDY), has spent most of its existence trending downward despite several brief bursts of popularity. Indeed, the meme coin is now 95.4% below its all-time high.
The latest leg of the downtrend not only sent DADDY more than 26% within less than two days from roughly $0.01475 to $0.01089 at press time on July 20, but was also triggered by a dramatic external event: the arrest of both Tristan and Andrew Tate.
Specifically, after the meme coin stabilized just above $0.006 following the early 2026 crash and, in more recent months, entered a recovery that even led to an early July surge toward $0.03, Daddy Tate suffered a steep collapse starting on July 18 as the news of the popular influencer’s arrest broke.
Despite that short-lived rally, the Daddy Tate coin remains overwhelmingly down from its record high, leaving most long-term holders facing substantial unrealized losses.
Why were Tristan and Andrew Tate arrested on July 18, 2026
Although the brothers were arrested in the United States, the action followed a decision by UK prosecutors to pursue them over multiple alleged offences.
British authorities are expected to seek their extradition following the July 18 arrests. According to the relevant press release, the alleged offences took place between 2010 and 2017.
The criminal allegations remain separate from DADDY’s underlying tokenomics and market performance. However, the timing of the arrests appears to have damaged investor sentiment around a meme coin closely tied to Andrew Tate’s public image.
DADDY’s collapse adds to a broader period of poor cryptocurrency performance for the controversial influencer.
Along with his associated meme coin proving to be a poor long-term investment, barring a handful of brief rallies, Tate seemingly spent much of 2026 losing money through speculative trades.
As Finbold reported in March and June, Tate recorded losses while trading assets including Bitcoin (BTC) and oil. The latest DADDY decline therefore extends a wider series of unsuccessful market bets and falling crypto valuations.
The meme coin’s performance also highlights the risks associated with celebrity-linked cryptocurrencies. Such assets can experience sudden rallies driven by social-media attention, but their value can collapse just as quickly when sentiment changes or negative news emerges.
DADDY crash weighs on Andrew Tate net worth estimates
The precise effect of the collapse on Andrew Tate net worth estimates remains unclear because the size of his personal DADDY holdings and broader cryptocurrency portfolio is not publicly known.
However, the token’s 95.4% decline from its all-time high means any substantial DADDY position held throughout the downturn would have lost most of its value.
Combined with Tate’s previously reported trading losses, the latest sell-off points to continued deterioration across his cryptocurrency ventures in 2026.
Featured image via Shutterstock
