Milady Meme Coin Surge – “New Kid on the Block” Milady (LADYS) meme coin surge over 10902% after Twitter CEO Elon Musk tweeted on May 10. The meme coin craze is far from over as we keep seeing dramatic spikes in the prices of these tokens. This is a very rare debut of a cryptocurrency.
The token has risen to the topic of discussion in the micro-blogging app Twitter after. There have been various presumptions as to the origin of the token including a link to Elon Musk.
Elon tweeted a picture of the Milady meme on May 10 and it has sparked reactions including an exponential rise in the value of the coin. See the tweet below:
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— Elon Musk (@elonmusk) May 10, 2023
Lookonchain – a blockchain analytics provider tweeted that a “mysterious address” was created about an hour before Elon Musk’s tweet about Milady. According to the data analytics account, the address withdrew 25 ETH valued at ($45,362) from a Binance account and purchased 8 trillion $LADYS tokens at $0.000000005652.
We found a mysterious address.
– Created 1 hour before #Elon_Musk tweeted about #Milady.
– Withdrew 25 $ETH ($45,362) from #Binance and bought 8T $LADYS at $0.000000005652.
– No other transactions.
is it a coincidence?đź‘€ pic.twitter.com/3IQLZefo7q
— Lookonchain (@lookonchain) May 10, 2023
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Furthermore, Lookonchain pointed out that the address did not make any other transactions after this. Since the dramatic price surge, some top VC firms have acquired a significant amount of meme coins.
Over the last 24 hours, these meme coins have recorded over $138 million in trading volume with a market cap of more than $108 million at press time.
The meme coin craze
Since the first quarter of 2023, meme tokens have been the center of attraction in the general crypto market’s bullish run. It has been from one then to the other. Earlier in 2023, BONK started the hype. Shortly after that, PEPE took over for a while. This rally created more awareness of the life-changing gains the meme coin could bring to individual investors.
The meme coin season is far from over as the previously dying hype has been revived by the trending Milady token. This Milady meme coin surge might help revive the prices of other meme coins.
Recently, it was listed in the MEXC Global marketplace and following this development, many are keeping an eye on LADYS, planning to go all in with hopes for a massive ROI.
Milady (LADYS) price today
According to live data from CoinMarketCap, Milady (LADYS) is currently selling at $0.0000001476. It is up 10735% in the last 24 hours. LADYS has a max supply of 888,000,888,000,888 coins.
Disclaimer: The opinion expressed in this content is solely the authors’ and should not be considered investment advice. Please do your own research before investing your money.
Victor Swaezy
Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications such as Coinfomania and Crypto News Guru, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.