After Elon Musk posted on his Twitter page a picture with an image from the NFT Milady collection, the owners of the meme coin got rich by $ 20 million.
These funds went mainly to the top 10 largest holders of the Milady Meme Coin (LADYS) cryptocurrency, writes the analytical service Lookonchain. Ten addresses control 180 trillion LADYS tokens, which is 20.3% of the total issued coins.
Since Musk’s tweet , Milady’s NFT sales have increased by more than 2,000%. After that, the minimum price of NFT Milady increased several times.
The Milady collection was created in 2021 by the digital artist group Remilia and consists of 10,000 anime avatars. One of the founders of the group, artist Charlotte Fang, was actively involved in creating a collection of non-fungible tokens.
According to CoinGecko, the collection has a market capitalization of $88 million as of May 16, and a daily trading volume of $89.5 million.
Meanwhile, Lookonchain analysts have discovered suspicious transactions related to DWF Labs. In response, developer Milady added the top three token holders to the blacklist, including 109 trillion LADYS (approximately $15 million). Funds from these addresses cannot be withdrawn.
Elon Musk often shows his sympathy for another cryptocurrency – DOGE. He has repeatedly contributed to the growth of Dogecoin with his statements, and even temporarily put the image of DOGE on the Twitter logo. Musk was sued for promoting this meme cryptocurrency and demanded compensation in the amount of $258 billion. The entrepreneur’s lawyers demanded that the lawsuit be dismissed. The trial continues.
