Elon Musk, the well-known CEO of Tesla and SpaceX, has once again caused a stir in the cryptocurrency world by sharing an NFT image of ‘Milady’ on Twitter. The Milady NFT is a profile picture (PFP) inspired by Japanese street fashion in the 2000s, and it has quickly gained popularity since Musk’s tweet.
The tweet, which featured the Milady NFT image and the phrase ‘THERE IS NO MEME. I LOVE YOU,’ quickly caught the attention of many crypto enthusiasts. Shortly after Musk’s tweet, the Milady NFT sales volume and floor price soared, making it one of the most traded collections on OpenSea in just 24 hours.
According to NFT data aggregation site ‘NFT PRICE FLOOR,’ Milady’s NFT sales amounted to 1538, representing a staggering 1230% increase in one day. The bottom price was 5.05 ETH (about 9,350 USD), up 50% in 24 hours.
In a stunning display of growth, Milady Meme Coin (LADYS) experienced an unprecedented surge of over 12,000% in just 24 hours, as reported by Coingecko. Its Market Cap currently stands at $137,166,956, with a trading volume exceeding $135 million.
Not only did the Milady NFT collection gain immense popularity, but other projects by Remilia Creative, the artist group that created the Milady NFT, also saw an increase in sales. Redacted Remilio Babies NFTs sales increased by 660% in just one day.
Elon Musk’s remarks have had a significant impact on the cryptocurrency world in recent months. Musk has shown interest in Dogecoin several times through Twitter, which helped it become the 8th largest coin by market cap. Last month, the Twitter logo was even changed to a ‘Shiba Inu’ image, and the price of Dogecoin soared.
Overall, Elon Musk’s tweet about Milady has caused a significant surge in the popularity and trading volume of the collection. With Musk’s influence in the crypto world, it is no surprise that his tweet has had such a significant impact. It will be interesting to see how Milady and other NFT collections continue to perform in the coming days and weeks.
Source: https://azcoinnews.com/milady-meme-coin-ladys-surges-over-12500-after-elon-musk-tweet.html
