Elon Musk Tweet Sends $LADYS (Milady Meme Coin) to the Moon
21Musk Tweet Inspires Milady Maker Comeback - May 11, 2023 - #elonmusk #memes #richtvlive #richtv #crypto #ladys #money #trading #investing #memecoin
In the afternoon of May 10th, Elon Musk tweeted out a picture of a Milady Maker NFT with the caption, "There is no meme. I love you."
Elon Musk Tweet Sends $LADYS (Milady Meme Coin) to the Moon
Despite the cryptic nature of the tweet, it didn't stop the crypto community from taking note.
Almost instantly, the floor price of the Milady Maker NFT collection surged on OpenSea, rising from 3.8 ETH to 7.5 ETH.
Not only that, but the trading volume for these NFTs increased exponentially, with 1,388 transactions recorded on May 10th alone – a 1,209% increase from the previous day.
Some of these NFTs are now being sold for more than 7 ETH, which equates to over $12,800 at the time of writing.
Similarly, the Milady ($LADYS) token also surged, with its price up over 20000% in the last 24 hours. According to Coinmarketcap, the token has a 24 hour trading volume of $211 million and is currently trading at $0.000000126.
Ultimately, this highlights Musk's incredible "power" within the digital assets community. One seemingly pointless tweet can spark price growth in assets that have been forgotten about – but it can also help create brand-new assets, as seen with $NOMEME.
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