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.
In a fresh move highlighting crypto’s rising momentum in traditional finance, 21Shares has set its sights on launching a Dogecoin-backed exchange-traded fund (ETF) in the United States.
Reports of ProShares’ XRP futures ETFs launching on April 30 have turned out to be premature.
Virtual Protocol, a project focused on decentralized AI agents, is capturing attention as activity across its ecosystem explodes and its native token, VIRTUAL, stages a massive price rally.
Solana (SOL) continues to impress with steady gains, trading firmly above $150 and extending its winning streak into a fourth consecutive week.