Andrew Tate’s meme coin, Daddy, is now accepted for hotel, flight, and car rental bookings on Travala, following a court decision allowing Tate and his brother Tristan to travel across Europe.
Travala, a Binance-based platform, supports various cryptocurrencies, including Daddy, for booking services across over 2.2 million hotels worldwide.
This trend sees celebrities actively issuing and backing their own meme coins. Recently, figures like Davido, Caitlyn Jenner, and Iggy Azalea have launched their own coins on Solana.
Tate’s active involvement with Daddy token marks a new level of celebrity endorsement in the crypto world, highlighting the growing influence of meme coins.
Tate, arrested in December 2022 on charges of human trafficking and sexual exploitation, was placed under house arrest but is now permitted to travel within the EU.
He proclaimed his freedom on social media, emphasizing the collapse of the case against him, as he prepares for a global tour. The adoption of Daddy by Travala could pave the way for wider acceptance of such tokens, potentially influencing how cryptocurrencies are utilized in mainstream commerce.
XRP has come under intensified selling pressure, sliding nearly 10% over the past week and signaling deeper concerns among derivatives traders.
Coinbase is gearing up to broaden its futures trading capabilities, introducing round-the-clock contracts for Solana (SOL), XRP, and Cardano (ADA) starting June 13.
Investor sentiment around the potential approval of a spot Solana ETF has surged in recent weeks, with new data suggesting growing confidence that 2025 could be the year the green light finally comes.
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in regulating memecoins—tokens often driven by internet culture, hype, and political branding.