Andrew Tate, also known as Top G, made waves in the cryptocurrency world by burning $10 million worth of a new meme coin called Top G ($TOPG). His actions on Twitter caught the attention of his followers as he vowed to crash the Solana network and encouraged his fans to send him coins that he would hold onto forever.
In a surprising twist, Tate’s public wallet received a significant amount of Top G tokens from a Twitter account named $TOPG, which prompted speculation that Tate himself may be behind the new token. The account challenged Tate to burn his holdings and prove himself as the true Top G in the crypto world.
With the help of popular crypto influencer @blknoiz06, Tate responded to the challenge by burning his share of the tokens, causing the price of $TOPG to skyrocket by 700%. Despite the initial surge, the price has since retraced 80% from its all-time high, but the token still boasts a substantial market cap and a large number of holders.
Tate, who has over 9.3 million followers on Twitter, continues to be active on the platform, expressing his enthusiasm for burning money and urging his fans to buy GameStop. The rise of meme coins like Top G has been a trend in the cryptocurrency market, outperforming established tokens like Dogecoin and Shiba Inu.
According to a report by CoinGecko, meme coins and real-world asset (RWA) tokens have been the best performing crypto assets in recent years. New meme coins, especially those in the Solana ecosystem like Top G, have seen exponential gains and captured the attention of investors.
Other new meme coins like Base Dawgz, PlayDoge, and Sealana have also made headlines in the crypto world, showcasing the growing popularity of these tokens. For a comprehensive list of the best meme coins to watch, check out CryptoNews’ recommendations.
In addition to meme coins, other top crypto narratives like AI and DePIN tokens are also worth keeping an eye on. For more insights on the best cryptocurrencies to buy now, stay updated with CryptoNews and follow us on Google News.