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Price (USD)$ NAN
Circulating SupplyLADYS 888.00089T
Volume (24h)$ 17.76625M
Market Cap$ 116.56173M
Low/High 24h$ NAN - $ NAN
Change (24h)$ NAN
The world of NFTs and meme coins in crypto is diverse, with new projects popping up every year, to the delight of meme and crypto fans. Just recently, the Milady meme coin soared in price thanks to an unpredicted development. Let’s take a look at this crypto project and see what lies behind it.
Milady Maker is a set of 10,000 generating profile image NFTs that sparked outrage last year when creator Charlotte Fang admitted to posting abusive stuff under the alias Miya. Fang apologized to the community before announcing her departure from the squad. The Milady Maker collection features a retro Windows 3.0 aesthetic and nostalgic themes reminiscent of the 90s. It is part of Hologram Labs and Blur Blend trading, possibly due to connections between influential figures in the NFT space. The ‘Milady’ trend was influenced by the Y2K Japanese fashion subcultures. The Milady (LADYS) meme coin pays homage to the Milady NFT collection, and was launched on May 7. Despite the previous controversy, Milady Maker's popularity has slowly grown, attracting those who see involvement in the collection as a chance to resist the escalating global crackdown on the bitcoin field.
This year, Milady coin suddenly soared in price when Elon Musk, the CEO of Tesla and Twitter, shared an image from the popular Web3 NFT project, Milady Maker, accompanied by the quote ‘There is no meme. I love you.’ This happened in the beginning of May, and led to a surge in price by nearly 90% to 7.35 ETH. However, after the initial hype subsided, the floor price has decreased. Nonetheless, the Milady (LADYS) meme coin has made several millionaires since its launch last week — at least on paper. The top 10 LADYS whales are sitting on cumulative profits currently worth over $20 million, according to on-chain data analyzed by The Block Research via Nansen and Lookonchain or 20% of the coin’s total supply. LADYS token meanwhile spiked by 3,000% following Musk's tweet.
Milady announced earlier in May that they were live on CoinGecko. With their roadmap, highlighting they have their sights on more CEX listings.
Milady enthusiasts have launched the Milady meme currency, a brand-new ERC-20 token. For the past few days, the word ‘LADYS’ has been trending on Twitter. The token's popularity can also be seen on the charts, since the price of the LADYS token is still 300 times higher than its launch-day low.
Milady meme token has a very strong start, but based on the experience of other meme coins that have pumped recently, like Pepe coin and SpongeBob, Milady could go much higher if the hype surrounding the token continues to spread on social media. The token was developed for the Milady community, according to the official Milady meme coin page. Furthermore, Milady NFT holders are only eligible for a portion of the initial LADYS airdrop.
LADYS, like many other new tokens issued during the 2023 meme coin season, is anonymous. The meme coin's founders do not have a formal team, but they have social media accounts for the coin and its own official website.
According to the official Milady website, 94% of the tokens were sent to the liquidity pool (LP). LP tokens were burnt, and the contract was renounced.
1% of the supply were airdropped to all $PEPE and Milady NFT holders. The remaining 5% of the supply is being held in a multi-sig wallet only to be used as tokens for future centralized exchange listings, bridges, and liquidity pools. This wallet is easily trackable with the ENS name ‘miladymeme.eth.’
The website also claims that ‘$LADYS is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.’ It also denies any association with Charlotte Fang and the Milady Maker project.
Milady announced that they have burned the remaining unclaimed airdrop tokens on May 15, 2023. The proof of this action is demonstrated through two transactions recorded on the Ethereum blockchain. Additionally, the Milady webpage has been updated accordingly to reflect these changes.
Milady has announced its entry into the multi-chain ecosystem by facilitating a bridge between Ethereum and Arbitrum. This huge advancement allows $LADYS to transcend blockchain constraints, providing users with greater freedom and agility. As part of this advancement, Milady has created an event that would reward users with the highest transaction volume from Ethereum to Arbitrum for 24 hours until May 16, 2023.
Despite the incredible returns of LADYS, smart investors are now cashing out and seeking more viable projects with real-world use cases for sustainable growth. It can be quite difficult to find bale behind such projects, so despite all the hype around the project, its future is still uncertain. However, in many ways, Milady could be a viable option in this regard since it has only just launched, meaning the broader investment community hasn’t yet got its hands on the token.
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