In the wild world of crypto, where meme tokens can skyrocket or crash in minutes, it's easy to get swayed by big names. But a recent thread on X highlights why following influencers like Andrew Tate might not be the best move for your wallet.

The thread, posted by @StarPlatinumSOL, calls out Tate as "one of the worst traders in crypto." And the numbers back it up. Over just three months, Tate racked up a staggering -$767K in profit and loss (PnL). For those new to trading lingo, PnL is basically your net gains or losses from trades.

Here's a breakdown of some of his biggest blunders:

• ETH Long Gone Wrong: Tate opened a 25x leveraged long position on Ethereum (ETH), betting it would go up. But he got liquidated—meaning his position was automatically closed due to losses—for a whopping $597K in just two hours. Leverage amplifies gains but also losses, and 25x is extremely risky.

• Shorting YZY Before a Pump: He shorted YZY (likely a meme token inspired by Kanye West's Yeezy brand) right before it pumped over 1,400%. Shorting means betting on a price drop, so this destroyed his position in minutes.

• WLFI Liquidation: More recently, Tate got liquidated on $WLFI, losing $68K on a $190K position. WLFI might refer to World Liberty Financial, a token that's been buzzing in crypto circles.

Beyond these, the thread notes Tate has made over 80 trades with only a 36% win rate. He reportedly deletes posts about losses while promoting referral codes—classic signs of someone curating their image over sharing real advice.

The community chimed in with some savage replies. One user joked, "He’s only good at one thing in crypto: Rug his community," referring to "rug pulls," where project creators dump tokens on holders, crashing the price. Another quipped about "losing trades, losing hair," complete with a meme image poking fun at Tate's bald look.

Others pointed out the irony: "How do you long the most obvious short?" and "Inverse Tate index winning rn," suggesting that doing the opposite of Tate's trades could be profitable.

This thread serves as a reminder in the meme token space—where hype often trumps fundamentals—that celebrity endorsements or trading tips can be misleading. Tate, known for his controversial persona and "Daddy" advice, might motivate in other areas, but crypto trading clearly isn't his forte.

If you're diving into meme tokens on chains like Solana or Ethereum, stick to your own research. Tools like on-chain analytics and community sentiment on platforms like X can help spot real opportunities without relying on influencers who might be in it for the referral bucks.

For more insights on meme tokens and blockchain trends, check out our knowledge base at Meme Insider. What's your take on celebrity traders? Drop a comment below!