Andrew Tate, also known as Top G, made waves in the crypto world by burning $10 million worth of the new meme coin, Top G ($TOPG). This move has sparked speculation on whether this is the best crypto to buy now.
On Twitter, Andrew Tate announced his intention to crash the Solana network and encouraged his followers to send him coins that he would hold onto without selling. He even pledged to buy over a million dollars worth of any random new meme coins that were recommended to him, based on the number of retweets he received on @CobraTate.
Interestingly, a new Twitter account named $TOPG gifted Andrew Tate’s public wallet with a significant amount of Top G tokens, representing 58% of the supply. The account challenged Andrew Tate to burn his holdings and become the true Top G, prompting speculation that he may be behind the Top G token.
After a tweet from the anonymous sender of the $TOPG tokens, Andrew Tate responded by burning his share of the new meme coin, causing the price of $TOPG to surge 700% to almost $11 million. The token’s price briefly continued to rise as its circulating supply decreased.
Despite the retracement of $TOPG’s price by 80% from its all-time high, Andrew Tate remains active on Twitter, with over 9.3 million followers. He continues to engage with his audience, stating that burning the money was just the beginning of his crypto journey.
In 2024, meme coins and real-world asset (RWA) tokens have been the best performing crypto assets, outperforming established coins like Dogecoin and Shiba Inu. New meme tokens in the Solana ecosystem, such as Top G token, have shown significant potential for exponential gains.
As meme coins continue to dominate the crypto news cycle, other top crypto narratives like AI and DePIN tokens are also gaining traction. For a full list of the best meme coins to watch, check out CryptoNews’ recommendations. Follow us on Google News for the latest updates on the crypto market.
