A brand new low market cap coin not formally linked to Andrew Tate, pumped tens of hundreds of % on Uniswap earlier than a 96% crash.
Tate (TATE) was the highest every day gainer on DEXTools yesterday, which charts DEX cash, at one level being up roughly 50,000%.
Andrew Tate Token ($TATE)
Influencer and former kickboxer Andrew Tate hasn’t talked about the $TATE coin on his Twitter feed @Cobratate.
Earlier this month Tate called merchants ‘actually simply degen autists’ and in contrast ‘playing on shitcoins’ to visiting a on line casino. Nevertheless previously he has advocated shopping for Bitcoin.
Additionally referring to altcoin patrons as ‘sluts’ on Could 18th, a Sluts ($SLUTS) token pumped shortly after on Uniswap. It has since crashed 70% from its highs.
A number of Andrew Tate cash have emerged to be pump and dump scams previously, corresponding to Andrew Tate Inu, Tate CEO, and $ANDREWTATE.
$TATE was launched April twenty fifth, and isn’t but listed on any centralized change (CEX) platforms. It has a market cap of simply over $500,000.
Regardless of its 96% crash, TATE token has a comparatively optimistic DEXTscore ranking of 93/99. It does have a sensible contract warning nonetheless – a modifiable buying and selling tax, in accordance with the automated audit outcomes displayed on its DEXTools TATE/WETH pair.
Tao Coin ($TAOTAO)
One other comparatively unknown new cryptocurrency, Tao Coin, was among the many ‘sizzling pairs’ of trending crypto cash on DEXTools over the weekend.
After a rally, it crashed 100%, paying homage to the Squid Video games crypto which famously rugpulled buyers. $TAOTAO now has a market cap of simply $4.
Whereas it’s attainable to commerce new Uniswap cash for a revenue, it is advisable solely skilled merchants try it and be aware of the DEXTscore, liquidity, variety of holders, contract audit, and extra. In contrast to a CEX, anybody can listing a faux or rip-off token on a DEX.
Additionally examine whether or not a brand new coin itemizing has been talked about by dependable influencers throughout social media, to gauge whether or not the curiosity from patrons is natural.
Prime Shitcoins Listing
Our resident analyst Jacob Bury reviewed a few of the newest and finest shitcoins to purchase this month.
He included some crypto presales that are but to be listed on exchanges – permitting a decrease entry level for patrons earlier than the preliminary pump.
His prime choose was Wall Road Memes (WSM) which has raised over $1.5 million in its token sale since Could twenty sixth.
See our overview of the WSM token here.