Musk Spikes Milady Meme Coin Price 11,632% with NFT Meme

Milady themed memecoin makes waves in the cryptosphere after Elon Muskโ€™s bizarre tweet.

A very excited hipster guy pointing at Elon Musk wearing a milady NFT T-shirt.
Created by Gabor Kovacs from DailyCoin
  • Twitter is buzzing with Milady speculations as Bybit lists the token.
  • Milady Maker profile picture NFT collection reaches an all-time high.
  • Milady Meme Coin (LADYS) catapulted by 11,632% after Muskโ€™s meme.

Twitter and SpaceX CEO Elon Musk has done it again – the Chief Twitโ€™s recent post echoed in the cryptosphere, instantaneously sending the emerging out-of-the-blue memecoin Milady Meme Coin (LADYS) up by a whopping 11260.5%. โ€˜The Dogefatherโ€™ posted the trademark Milady meme with the upper line saying โ€œThere is no meme.โ€ The lower tag concludes: โ€œI Love You.โ€

Right after the message, the Milady Maker NFT collection NFT floor price soared to 4.91 Ethereum (ETH), which equals $8,969. Instantly topping its all-time high (ATH), the popular yet controversial project has been around since August 2021 but quadrupled in NFT floor price since March 30, 2023.

Out of Nowhere: Milady Meme Coin Inks 11,632%

Besides the NFT price skyrocketing, the recent meme tweet by Elon ignited a massive daily bull run for a previously unknown memecoin. Inspired by the Milady NFT collection, the token soared to the TOP 250.

Sponsored

At press time, Milady Meme Coin (LADYS) trades at $0.000000113138, according to CoinGecko. Capped at a max supply of 888,000,888,000,888, the neo-chibi aesthetic-inspired street-style memecoin has already been welcomed by Bybit, a major crypto exchange headquartered in Dubai.

Mysterious Wallet Created an Hour Before the Stunt

Interestingly, Blockchain data analytics firm LookOnChain detected one new wallet address on the Ethereum network created just one hour before Elon Muskโ€™s stunt.

According to on-chain data, the mysterious investor bought eight trillion LADYS tokens after withdrawing 25 ETH from Binance. They were the only two transactions made by the account, raising eyebrows for crypto investors.

On The Flipside

  • Milady imagery is tied to a Nazi cult, allegedly responsible for the suicide of an underage girl.
  • Milady NFTs openly use concentration camp names, while the founder is notorious for hate speech.
  • Originating from 4chan.org, Remilia are self-proclaimed โ€œart extremists,โ€ referring to their far-right views.

Why You Should Care

The memecoin frenzy presents many opportunities for crypto investors and generates social mentions for crypto and blockchain tech.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaลกevskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.

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