Solana
Andrew Tate makes absurd $10 million crypto bet amid Solana saga
In a move that once again highlighted his talent for the dramatic former kickboxer Andrew Tate launched a $10 million crypto bet on X. Tate’s challenge was directed at prominent “Crypto Twitter” influencer Ansem. Additionally, the latest comment follows the Solana coin burning controversy.
Andrew Tate makes a ridiculous crypto bet
Andrew Tate started the tweet by stating that the current cycle was his and challenged Ansem to a boxing match. The internet personality added: “I will fight with one hand. » Furthermore, he said: “The loser donates 10 million for a coin of the winner’s choice. »
Since Tate has had a successful career in kickboxing, the gamble makes sense. However, it is unlikely that Ansem will agree to this. Therefore, the $10 million crypto investment might not actually become a reality. Nevertheless, Tate has recently taken a lot of interest in the crypto market and his next move cannot be predicted.
Ansem, the target of Tate’s boxing challenge, has gained popularity over the past year thanks to his impressive investment journey. He invested in Solana (SOL) when it was worth just $1.5, making a staggering 170x profit as the crypto skyrocketed to its all-time high of $260.
Additionally, the crypto influencer’s success has made him a notable figure in the crypto community. Additionally, his recent comments on SocialFi crypto have only amplified his influence. Additionally, he is a new age crypto millionaire, which is why the community takes his advice seriously.
However, Tate appears to be reversing Ansem’s popularity in the ecosystem. The latest provocative tweet follows a series of high-profile actions within the Solana ecosystem, where Tate recently burned a new Solana meme coin, TOP G, worth $11 million. This dramatic event caused the price of TOP G coin to skyrocket by over 130%, increasing its market capitalization to over $65 million.
Read also: Bonk Price Prediction: Will Solana Meme Coin Sustain 4% Upside in Bloody Cryptocurrency Market?
The TOP G Burn controversy
The coin’s official Twitter account meme Top G congratulated Tate for burning 58% of the coin’s supply, leaving only 37% in circulation. “Now we cook,” they said, suggesting that burning was a strategic decision to increase the value of the piece.
The former kickboxer’s actions did not go unnoticed within the crypto community, as his subsequent tweets only added fuel to the fire. Tate bragged about his disruptive abilities, confidently asserting, “I’M GOING TO CRASH THE SOLANA NETWORK.” In another tweet, he said: “LOOK WHAT I CAN DO. TOP G WILL BURN EVERYTHING,” further stoking controversy and debate within the crypto space.
Despite Tate’s aggressive stance and massive destruction of TOP G tokens, he insisted his intentions are not purely selfish. After encouraging his followers to send him coins, he then burned them. However, Tate revealed: “GUESS HOW MUCH MONEY I WON TODAY? ZERO.”
He claimed he made over $100 million in transactions through Solana, helping others become millionaires, while not personally profiting from the recent burn. In a follow-up tweet, he clarified: “Correction. I lost $11 million by setting it on fire ;),” highlighting his intention to demonstrate his power and influence in the crypto world.
The impact of Tate’s actions on the Solana network and the broader crypto market remains to be seen. His vow to “crash Solana” and his provocative tweets have certainly caught the attention of the crypto community and beyond. The TOP G coin, despite its volatile history, has seen a significant increase in value.
THE Solana meme piece cleared a zero in its value and surged to an ATH of $0.07836, marking a whopping 1045% increase after Tate initiated the burn. This suggests that Tate’s strategy could pay off in unexpected ways. However, the cryptocurrency also fell to new lows afterward, indicating that these trends could be short-lived.
Read also: Solana Falls to Double-Digit Weekly Losses: Possible Short-Term Reversal?