The Milady Meme Coin price is predicted to skyrocket in the coming days following a tweet from Elon Musk. This is not the first time that Musk has caused a stir in the cryptocurrency space, as his tweets have previously influenced the prices of other meme coins like Dogecoin. Milady Maker NFTs have experienced a sudden surge in price and interest after Musk tweeted an image of one of the anime-style Ethereum NFT profile pictures (PFPs) with the text “There is no meme. I love you.”
The Impact of Elon Musk’s Tweet on Milady Meme Coin Price
Elon Musk is known for his influence in the cryptocurrency space, and his tweets have the power to move markets. The Milady Maker NFT collection saw an immediate increase in value, with the entry-level price jumping from 3.75 ETH ($6,920) to 5.25 ETH ($9,700) on secondary markets. The surge in interest has pushed the 24-hour rise to 57% in total, and it is predicted that the price will continue to rise in the coming days. At the time of writing this, the Milady Meme Coin Price (LADYS) is trading at $0.00000006736.
NFT Sales Surge
The impact of Elon Musk’s tweet on the Milady Maker NFT collection has been significant, with over 600 NFTs sold on the OpenSea marketplace in the last hour alone. This amounts to over 3,700 ETH or more than $6.9 million worth of NFTs sold. The Milady Maker NFT collection has become the best-selling project on the marketplace during this span.
Controversy Surrounding Milady Maker
The Milady Maker NFT collection has not been without controversy, as its creator Charlotte Fang previously acknowledged operating a pseudonymous Twitter account that shared racist and abusive tweets. This resulted in the prices of Milady Maker NFTs dropping in May 2021, and Fang stepped down from the team. Despite this controversy, Milady Maker NFTs have continued to be a popular meme among some NFT traders and crypto industry professionals.
Is Tesla’s Elon Musk a manipulator of the Cryptocurrency market?
There has been a lot of speculation in the media and among cryptocurrency enthusiasts about Musk’s influence on the market.
Musk has a large following on social media, and his tweets have been known to have an impact on the price of certain cryptocurrencies, particularly meme coins like Dogecoin. For example, when Musk tweeted about Dogecoin in May 2021, the price of the cryptocurrency surged by over 20%.
Some people argue that Musk’s tweets are deliberately designed to manipulate the cryptocurrency market for his own benefit. Others argue that Musk is simply expressing his opinions and that it is up to investors to decide whether or not to act on them.
There is no doubt that Musk’s influence on the cryptocurrency market is significant, and his tweets have the power to move markets. However, whether or not he is intentionally manipulating the market is up for debate.
It is important for investors to do their own research and exercise caution when investing in cryptocurrencies. The market can be volatile, and prices can fluctuate rapidly, often in response to news and events that are difficult to predict. It is also important to keep in mind that investing in cryptocurrencies involves a high degree of risk, and investors should never invest more than they can afford to lose.
The impact of Elon Musk’s tweet on the Milady Maker NFT collection has been significant, and it is predicted that the price will continue to rise in the coming days. However, it is important to note that the cryptocurrency and NFT markets can be volatile, and prices can fluctuate rapidly. Investors should always do their own research and exercise caution when investing in these assets.
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