The Price of Memecoin Increased after Meeting with the Market Maker

LADYS, one of the Memecoin projects, rose after making a mysterious transaction with a Web3 investor and a market maker company.

“We are in contact with several memecoins and are ready to use a large amount of funding to allow them to grow faster and more efficiently,” DWF Labs manager Andrei Grachev announced yesterday.

Following this announcement, DWF Labs sent 5 million USDT to a wallet. According to Spot On Chain data, this was the official wallet of LADYS.

LADYS is the memecoin of the Milady NFT collection. 1% of LADYS, which has a total supply of 888,000,888,000,888, was distributed via airdrop to PEPE and Milady NFT owners.

According to TradingView data, LADYS rose after DWF Labs' transaction. LADYS price increased by more than 8% on a daily basis.