The cutest meme coin ever, Milady, is rising to fame. Everybody is curious about this crpto. The significant cryptocurrency exchanges did not currently list this coin. However, investors' enthusiasm in this coin is driving up its price.

In response to a tweet by Elon Musk, the CEO of Tesla and SpaceX, who shared a meme showing NFT profile pictures (PFPs); The image says "There is no meme. I love you." (The coin's value increased by more than 3,000%.)

The tweet not only caused a burst of excitement and joy among Miladys NFT owners and other participant in the Web3 area, but it also caused the assets' prices to jump. The value of non-fungible tokens (NFTs) connected to the Milady coin has also increased significantly.

The milady coin's creators have also made it clear that a portion of the coin's earnings would fund programmes promoting gender equality and women's empowerment. In addition to this admirable cause have considerably increased investor interest in the cryptocurrency.

The current price of $0.000000086071.

I hope, you guys get the idea about why Milady is getting popularity among the traders. As Milady image says, " I love you"; in response to this, "We love you too". 😘❤😜

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Milady Developer Behind $1 Million Theft

Charlotte Fang, the founder of the NFT platform Milady, publicly announced that one of the developers, previously involved in the "Bonkler" project, embezzled approximately one million dollars designated for Remilia - a key component of the Milady ecosystem. This developer not only transferred the funds to his own account but also gained access to the project's codebase and took over the official Milady Twitter account, plunging the project into chaos.

 How It All Began?

The developer, once associated with the "Bonkler" project, committed an unethical act by embezzling $1 million from fees that were intended for Remilia, a fundamental part of Milady.

 Protective Measures and Next Steps

Charlotte Fang reassured that the incident did not involve the loss of Bonkler's reserves, the main contract, or associated NFTs. However, Remilia's revenues from Bonkler were affected, leading Milady to temporarily halt Bonkler's operations and subsequently plan a significant upgrade. This upgrade aims to include financial backing from Bonkler and new treasury strategies.

 Further Transgressions of the Developer

The developer's actions weren't limited to financial embezzlement. He also attempted to control Milady's social media accounts with the assistance of two other team members. These individuals were driven by a desire for a larger share of the treasury and NFT reserves. Yet, their decisions turned out to be a grave miscalculation.

 Milady's Team Response

The Milady team quickly identified the culprits and announced legal actions against them. Charlotte Fang emphasized her determination to recover all lost assets and ensure that those who endangered the Remilia project for personal gain face severe consequences.

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 Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“