Andrew Tate reveals plans to launch a cryptocurrency backed by $100 million of his personal funds before deleting his tweet
Andrew Tate, an entrepreneur and controversial figure, sparked online debates after revealing his plans to launch his own cryptocurrency. In a now-deleted tweet shared on February 2nd, he promised his 8.7 million followers a cryptocurrency launch if his tweet received 50,000 retweets.
Critiques and reactions to the announcement
Although Andrew Tate’s subscribers may have welcomed the news, notable figures in the crypto world quickly criticized the idea. Coffeezilla, a popular YouTuber known for investigating online scams, referred to Tate’s potential cryptocurrency as a ‘scamcoin crypto,’ highlighting Tate’s apparent change of heart regarding his previous views on crypto projects.
Indeed, despite being present on ‘CT’ (Crypto Twitter) for several years and publicly sharing his investments in Bitcoin and Pancake Swap during the Covid flash crash, Andrew Tate has repeatedly criticized members of the crypto community.
After deleting his tweet, the ‘Top G’ reshared his ‘message to the crypto community.’
In a tweet from X of last year, Tate informed his subscribers that he had nothing to do with crypto projects nor their endorsement. He reiterated that he was not a ‘scammer like all the other influencers,’ claiming that he didn’t need to ‘steal’ from his fans.
