Musk posted Milady, a cute girl with big eyes! The price of NFT floor skyrocketed by 130%, $LADYS doubled by more than 23 times

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Recently, there is a popular saying in the encryption community: "It's worth investing in nothing, and Stud Pepe lives in the palace." , completely ignited the meme market.

Even Tesla founder Musk (Elon Musk) has also caught up with this trend. He posted a post on the theme of Milady Maker NFT on Twitter last (10) night, with the text: "There is no meme, I love you". As of the deadline, it has attracted more than 20.23 million users to watch.

Milady floor prices soared 130%

And just after Musk’s post, Milady NFT skyrocketed due to this influence. In less than 20 minutes, the floor price rose from 3.3 ETH to a maximum of 7.6 ETH, an increase of 130% during the period, and has now fallen back to about 4.88 ETH.

Although the price of Milady has dropped, the transaction volume is still rising. The transaction volume in the past 24 hours reached 7,804 ETH (approximately equal to 14.5 million US dollars), an increase of 1,895%, far exceeding the second place transaction volume of 1,580 ETH.

It is understood that Milady is an NFT project born in 2021. It was launched by the anonymous online team Remilia Corporation. However, due to the scandal of the team, the word of mouth declined sharply. It was not until April last year that the decentralized NFT market maker FloorDAO proposed to list Milady. The project was resurrected after being included in the investment list, and recently became the first batch of NFT series to be included in BLEND lending.

Further reading: Is the lending agreement Blend the antidote or the poison? Analyze the future of the NFT market from the perspective of "supply and demand"

Source: NFTGo

$LADYS skyrockets, DWF Labs earns more than 28 times

Not only that, according to dexscreener data, the meme coin $LADY created with Milady as the main axis rose by more than 2,296% after Musk’s post last night, temporarily reported at 0.00000005353.

It is worth mentioning that the investment institution DWF Labs only converted 13.5 ETH (approximately 25,000 USD) into $LADYS yesterday afternoon before Musk published the article, and the cost price was around 0.0000000025. More than 28 times, the total value is about 714,600 US dollars.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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