Tesla and Twitter CEO Elon Musk’s recent post is a meme coin triggered a 71-fold rise in a short time.
Elon Musk’s May 10 sharing, Milady Meme Coin (LADYS) triggered an astonishing rise in particular. In the social media post shared by Musk Milady NFT on a piece of his collectionThere is no such thing as memes. I love you” was noted. Along with sharing the post, Musk followers and meme coin community in seconds took action.
According to data provided by GeckoTerminal on 8 May Milady Meme Coin, which was released and traded in the market without volume until Musk’s post, after the post 7,000% soaring 0.0000000041 dollars from the level 0.0000002303 reached dollars. LADYS at the time of writing 0.000000139 buys in dollars.
Remarkable purchase 1 hour before sharing
Offered by the on-chain analytics platform Lookonchain data according to before Musk’s post 2 different notable purchases done. One of them Elon_Musk made by a pseudonymous address 25 thousand dollars purchase has taken place. This wallet is from Binance 1 hour before Musk’s post 45 thousand dollars worth 25 ETH pulled and in return 8 Trillion LADYS took. The wallet has no other transactions.
Another notable process is market maker DWF LabsIt came from his wallet. A wallet identified to DWF Labs 1 day before Musk’s post 25 thousand dollars worth 13.5 ETH by spending 15 trillion LADYS took.
NFT collection also flew
On the other hand, Musk included in the image Milady Maker NFT The base price of the collection also witnessed a serious rise. OpenSea Milady NFT price according to data after posting 2 floors soaring 3.7 Ethereum from the level 7.5 Ethereumcame to The transaction volume of the collection is also within 24 hours. 200% It increased.
A group of artists behind Milady NFT. Remilia Creative‘s other projects also started to rise in parallel with the news flow. one of these Redacted Remilio Babies NFTSales of ‘s in the last 24 hours 660% It increased.