Andrew Tate is Pro Crypto, but what coins does he invest in?
Controversial social media star Andrew Tate has been “de-platformed” and “cancelled” by all the major websites after they found his views on women breached their hate speech guidelines.
Tate became one of the biggest stars online in 2022 with a series of clips of his rants and lifestyle going viral and his fans promoting his views. His support for cryptocurrency is also now starting to gain attention.
Who is Andrew Tate?
Andrew Tate rose to fame in 2022 after his rant about masculinity and misogyny went viral and his posing and boasting of vast wealth earned him an army of fans – described as an ‘army of lonely, angry men’ by GQ.
The social media star was born in the US, the son of an international chess champion and catering assistant, and grew up in the UK. He later became a world kickboxing champion in two weight classes with the International Sport Karate Association and also won two out of two fights in mixed martial arts.
He first gained some level of public fame after appearing on Big Brother UK in 2016, and was kicked off the reality TV show when homophobic and racist comments on Twitter became public, and a video of him looking to beat a woman with a belt repeatedly made the news. – Both he and the women mentioned later claimed that the actions were “consensual”.
He subsequently gained notoriety in far-right media circles after repeatedly praising British far-right activist Tommy Robinson and for arriving at the front door of a journalist who had criticized Robinson, as well as meeting well-known pro-Donald Trump activists and posing. with Brexit lawyer Nigel Farage.
Tate claims to have made millions after moving to Romania, so he started a webcam business where models tell “sob stories” to get men to part with money, as well as investing in the country’s casino industry. He later claimed that a large part of the reason for the move is his belief that Roma police were less likely to pursue rapes and sexual assaults.
In April 2022, his home was raided by Romanian police following reports that an American woman had been abducted and held there. The investigation is ongoing.
Tate’s profile exploded through 2022, garnering tens of billions of combined social media impressions across a variety of sites – YouTube, Instagram, TikTok, Twitter, Twitch and others – winning impressionable young fans and haters in equal measure for his views on women , pick up tips, his seemingly lavish lifestyle and more.
He also founded Hustler’s University, a site where members pay $50 a month for advice on dropshipping, crypto trading and affiliate marketing, and claimed to have more than 150,000 members.
Much of Tate’s social media growth in 2022 came from members posting videos in an attempt to increase engagement and make their own money, with some critics calling it a pyramid scheme.
He’s been called the King of Misogyny by some – and the Incel King by others – but was eventually kicked by various social media outlets for violating their hate speech policies, receiving permanent bans from a number of the platforms
In an earlier interview on the James English podcast in 2021, Tate described himself as “absolutely sexist and absolutely a misogynist”, but in early August 2022 – shortly before his social media ban – he said he was playing an “online character”, adding: “It has nothing to do with misogyny. It’s simply about good and bad people. My mother is my hero.”
In a “final message” after receiving the ban, Tate claimed his views were taken out of context because of the editing. He told the Independent: “I have a certain responsibility to bear. I still blame myself, because my rise has been so meteoric and I became so famous so quickly.
“My responsibility is that any negative connotations in my videos are removed. The way you say things in a video that gets 500 views is very different from the way you say things in a video that gets 50 million views – the more people you reach, the more important it is that people don’t take things out of context.
“If there were as many people cutting up videos as they did mine, and those people had a negative agenda, they could make Mickey Mouse look evil, you could make anyone look bad.”
Andrew Tate Crypto Portfolio
Tate is also a lover of cryptocurrency, having offered cryptocurrencies through Hustler’s University, apparently launched his own coin, and spoken out as such on a number of podcasts.
During an appearance on the Pomp Podcast with Anthony Pompliano, Tate revealed that he got into crypto after realizing that fiat money is “rubbish.”
He said, “What is money? How do the banks work? How does credit work? How does fractional reserve banking work? “Then I get angrier. Because I’m like “woah, the money is trash and I don’t have any.” Now I’m really annoyed.”
Tate then describes learning about Bitcoin – “I don’t want money. I want something else. Give me an asset, okay, how can I get an asset the government can’t take? Bitcoin” – before the conversation moves away from crypto and revealed his ‘Eureka’ moment, he realized that beautiful women were also an “asset class” that he could monetize.
What is Tatecoin?
Tate’s crypto portfolio is not known, but he is reported to have launched his own coin – Tatecoin – although the details seem extremely worrying upon closer inspection.
There are currently at least four separate websites, three Twitter accounts and three Telegram groups all claiming to represent Tatecoin.
They do not appear to be one coin, with each having a different contract address, and it is unclear whether Tate is launching the coins himself or whether people unrelated to the social media star are using his name and branding to run a scam.
At this stage it would be wise to avoid all forms of Tatecoin, especially with the man himself de-platformed and currently unable to publicly confirm which coin – if any – is the official one.
Tatecoin Alternatives – Tamadoge
Investors looking for a safer bet can consider Tamadoge (TAMA), which is currently going through its crypto pre-sale ICO and has already raised more than $9.5 million in seed funding.
Unlike the many versions of Tatecoin, Tamadoge has undergone KYC verification by CoinSniper and has had its smart contract audited by Solid Proof. The team is also doxxed and regularly engages with holders and potential investors on social media, as well as holding regular AMAs on YouTube.
Tamadoge has sold out more than 60% of its pre-sale and has been named the hottest crypto to buy now, as it offers the potential for high returns along with long-term utility and value that other meme coins do not.
Holders of the TAMA token will be able to mint NFT pets in late 2022, with these pets ready to be used in a game to earn money to win rewards. Shaped like a 90s Tamagotchi, the pets can be fed, groomed and grown before battling other players to earn rewards.
Tamaverse will also see other games launched on the platform, while the pets will transition from 3D to augmented reality in Q3 2023 to allow owners to explore the real world and hunt for tokens.
Furthermore, TAMA has a limited maximum supply of 2 billion tokens and uses a deflation mechanism to ensure scarcity – with 5% of tokens burned with each transaction.
The pre-sale is ongoing, join the Tamadoge Telegram channel to stay updated with the latest news from the project.