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Andrew Tate will box Ansem in Dubai for a $10+ million crypto bet
In a move that once again highlighted his flair for the dramatic, the former kickboxer Andrea Tate launched a $10 million crypto bet on X. Tate’s challenge was directed at popular “Crypto Twitter” influencer Ansem. Furthermore, the latest comment comes in the wake of the Solana meme coin burning controversy.
Andrew Tate takes a ridiculous cryptocurrency bet
Andrew Tate began the tweet by declaring that the current cycle is his and challenging Ansem to a boxing match. The internet personality added: “I will fight with one hand.” Furthermore, he stated, “The loser donates 10 million to a coin of the winner’s choice.”
Given that Tate has had a fruitful career in kickboxing, the bet makes sense. Although Ansem was unlikely to agree, the unexpected happened. Commenting under Tate’s post, one user asked Ansem if he would book Tate during December’s Crypto Fight Week in Dubai. Ansem confidently replied, “set it” and accepted the challenge. Furthermore, Tate has shown great interest in the cryptocurrency market lately and it is not possible to predict his next move.
Ansem, the target of Tate’s boxing challenge, has gained considerable popularity over the past year thanks to his impressive investment history. He invested Solana (SOL) when it was worth just $1.50, making an incredible 170x profit as the cryptocurrency skyrocketed to its all-time high of $260.
Furthermore, the crypto influencer’s success has made him a notable figure in the crypto community. Additionally, his recent comment about SocialFi crypto only amplified his influence. Plus, he’s a new age crypto millionaire, so the community takes his advice seriously.
However, Tate seems to reverse Ansem’s popularity in the ecosystem. The latest provocative tweet follows a series of high-profile actions within the Solana ecosystem, where Tate recently burned $11 million of a new Solana meme coin, TOP G. This dramatic event has skyrocketed the TOP G coin price by more than 130%. increasing its market capitalization to over $65 million.
Read also: Bonk Price Prediction: Will Solana Meme Coin Sustain a 4% Rise in a Bloody Crypto Market?
The TOP G Burn controversy
The Top G meme coin’s official Twitter account praised Tate for burning 58% of the coin’s supply, leaving only 37% in circulation. “Now let’s cook,” they declared, suggesting that the fire was a strategic move to increase the value of the currency.
The former kickboxer’s actions did not go unnoticed within the crypto community, as his subsequent tweets only added fuel to the fire. Tate boasted of his disruptive abilities, confidently stating, “I WILL CRASH THE SOLAN NETWORK.” In another tweet, he said: “LOOK WHAT I CAN DO. TOP G IS ABOUT TO BURN EVERYTHING,” further fueling controversy and debate within the crypto space.
Despite Tate’s aggressive stance and massive consumption of TOP G tokens, he insisted that his intentions are not purely selfish. After encouraging his followers to send him coins, he subsequently burned them. However, Tate revealed: “Guess how much money I made today? ZERO.”
He claimed to have made more than $100 million in trades through Solana, helping others become millionaires, but not personally profiting from the recent fire. In a subsequent tweet, he clarified: “Correction. I lost 11 million dollars setting it on fire ;)”, underlining his intent to demonstrate power and influence in the world of cryptocurrencies.
The impact of Tate’s actions on the Solana network and the cryptocurrency market in general remains to be seen. His promise to “bring down Solana” and his provocative tweets have certainly captured the attention of the crypto community and beyond. The TOP G coin, despite its unstable history, has seen a significant increase in value.
THE Solana meme coin it erased a zero in its value and rose to an ATH of $0.07836, marking a massive 1045% increase after Tate initiated the burn. This suggests that Tate’s strategy could pay off in unexpected ways. However, the cryptocurrency has since also plummeted to new lows, indicating that these trends may be short-lived.
Read also: Solana drops to double-digit weekly losses: possible short-term reversal?