Andrew Tate Bets $100K in Crypto on ‘BitBoy’ for Upcoming Fight

Andrew Tate, the controversial former kickboxing champion and internet personality, has thrown his support behind crypto influencer Ben Armstrong, widely known as “BitBoy.” Tate has pledged a substantial $100,000 in Daddy Tate (DADDY) tokens to Armstrong if he wins his upcoming fight against fellow crypto influencer, @blknoiz06 (referred to as “Ansem”).

The highly anticipated fight is scheduled for December 6, 2024, in Dubai as part of the Crypto Fight Week event.

Who is Ben Armstrong, aka “BitBoy”?

Ben Armstrong, known as “BitBoy,” has built a significant following in the cryptocurrency space through his YouTube channel and Twitter (X), where he shares insights and news about digital assets. He is a polarizing figure; while some celebrate his educational contributions, others criticize him for previously promoting questionable projects. This fight against Ansem marks Armstrong’s second boxing match, having previously won against “More Light,” the developer of the memecoin HarryPotterObamaSonic10Inu.

Tate’s Involvement and His Bold Bet

On November 7, Tate announced on X that he would sponsor Armstrong for the fight, offering to back him “head to toe” in DADDY tokens. He also promised an additional $100,000 bonus if Armstrong can knock out Ansem, labeling Ansem a “scammer.” Tate’s messages were direct and intense:

“I will sponsor you head to toe in $Daddy coin so you can knock out Ansem for me. I’ll also give you 100k in $Daddy coin once you win. Hurt him. He’s a scammer.”

Tate further encouraged Armstrong, stating:

“I will give you 100k extra in $Daddy coin if you knock him out. I want him to see $Daddy coin as he falls over. Retribution for all the scams he pushed. Knock him out bad, you can have a Lambo. I want to knock him out myself but I can’t travel yet. Break him.”

Armstrong confirmed Tate’s sponsorship for the fight against Ansem.

DADDY Tokenomics

Despite Tate's colorful expressions, Daddy Tate is a cryptocurrency token based on the Solana blockchain and trades on the decentralized exchange Raydium. As of now, DADDY is priced at $0.1115, having increased by 26.42% over the past week, although it has dipped by 5.77% on the day of Tate’s announcement.

For many in the crypto community, this fight transcends physical competition; it symbolizes a battle for reputations. Armstrong aims to confront allegations surrounding his promotion of questionable projects, making this match an opportunity for redemption in a very public forum.

FAQ: Andrew Tate Bets $100K in Crypto on BitBoy for Upcoming Fight

1. Who is Andrew Tate?

Andrew Tate is a former kickboxing champion and internet personality known for his controversial views and social media presence.

2. What is the nature of Andrew Tate's bet?

Tate has pledged $100,000 in Daddy Tate (DADDY) tokens to crypto influencer Ben Armstrong, also known as "BitBoy," if he wins his upcoming fight against Ansem.

3. When and where is the fight taking place?

The fight is scheduled for December 6, 2024, in Dubai as part of the Crypto Fight Week event.

4. Who is Ben Armstrong, aka “BitBoy”?

Ben Armstrong, known as "BitBoy," is a prominent figure in the cryptocurrency space, recognized for his YouTube channel and social media presence, where he discusses crypto insights and news. He has a polarizing reputation, with both supporters and critics.

5. What is the significance of the fight for BitBoy?

This fight represents an opportunity for Armstrong to address criticisms regarding his promotion of questionable projects in the crypto space and to redeem his reputation.

6. What are the terms of Tate's sponsorship?

Tate has offered to sponsor Armstrong with Daddy Tate tokens for the fight and has promised an additional $100,000 in DADDY tokens if Armstrong can knock out Ansem, whom Tate labels a "scammer."

7. What is Daddy Tate (DADDY)?

Daddy Tate is a cryptocurrency token based on the Solana blockchain. It is traded on the decentralized exchange Raydium.

8. What is the current price of DADDY?

As of the latest update, Daddy Tate (DADDY) is priced at $0.1115. The token has seen a 26.42% increase over the past week but has decreased by 5.77% on the day of Tate’s announcement.

9. What does this fight symbolize for the crypto community?

Beyond physical competition, the fight symbolizes a battle for reputations within the crypto community, particularly for Armstrong, who seeks to confront allegations related to his past promotions.

10. How has the community reacted to Tate's bet and the upcoming fight?

Reactions within the crypto community vary, with some expressing excitement over the match and the implications it may have for both fighters' reputations, while others remain skeptical of the motivations behind the event.