Andrew Tates recommended investments for the conclusion of 2024
Andrew Tate, the former kickboxing star and prominent influencer, has revealed his favorite investment picks for 2024. Despite his aggressive demeanor, Tate has shown strong support for cryptocurrencies, particularly Bitcoin (BTC) and Ethereum (ETH). He has also dabbled in meme coins with the launch of Daddy Tate (DADDY), although the cryptocurrency has struggled to gain traction. Tate has even purchased a Madonna-themed token with the intention of crashing the Solana (SOL) network, showcasing his mixed relationship with the crypto market.
Despite rumors of a potential crash and a decline in stablecoin volume, it is uncertain if the blockchain requires external assistance to crash. However, SOL has continued to perform well, especially after VanEck announced plans to establish a fund.
Bitcoin has been Tate’s most bullish cryptocurrency, and he announced in mid-May that he would invest $100 million in BTC, although it is unclear if he followed through with the purchase. Ethereum has also caught Tate’s attention, and he threatened to call his audience “losers” if ETH reached $4,000. However, ETH crossed that threshold in March before Tate’s tweet, and its price has since declined.
In addition to cryptocurrencies, Tate has shown interest in GameStop (GME) and invested in the stock. He believes the meme stock mania is part of a resistance against what he calls the “Matrix.” However, it remains uncertain if maintaining a position in GameStop or AMC Entertainment (AMC) is a wise move for the rest of 2024.
It is important to note that the information provided in this article should not be considered investment advice, as investing always carries risks.
