Elon Musk again! He Made This Altcoin 120x With One Tweet!

Elon Musk, the well-known CEO of Tesla and SpaceX, moved the crypto money world by sharing a post on Twitter. Musk shared an image of an NFT collection. The altcoin related to this project has increased by 120 times. Here are the details…

Elon Musk flew this altcoin with his sharing

She once again created a stir in the cryptocurrency world by sharing the NFT image of “Milady” on Twitter. Milady NFT is a visual inspired by 2000s Japanese street fashion. It has quickly gained popularity since Musk’s tweet. The tweet featuring the Milady NFT picture and the phrase “no memes, I love you” quickly caught the attention of many crypto enthusiasts. Shortly after Musk’s tweet, Milady NFT sales volume and floor price soared, becoming one of the most traded collectibles on OpenSea in just 24 hours.

Milady’s NFT sales amounted to 1,538, representing a staggering 1,230 percent increase in one day, according to NFT data. The lowest price was 5.05 ETH (about $9,350), up 50 percent in 24 hours. As reported by Coingecko, Milady Meme Coin (LADYS) has seen dramatic growth, experiencing an unprecedented increase of over 12,000 percent in just 24 hours. It currently has a market cap of $137,166,956 and a trading volume of over $135 million.

The Milady NFT collection has not only gained immense popularity. At the same time, sales of other projects by Remilia Creative, the artist group that created Milady NFT, also increased. Sales of Remilio Babies NFTs increased by 660 percent in just one day.

Musk’s statements affect the cryptocurrency space

Elon Musk’s statements have made a significant impact on the cryptocurrency world in recent months. Musk has shown interest in Dogecoin several times via Twitter. This has helped DOGE become the 8th largest coin by market capitalization, as we have also reported as Kriptokoin.com. In fact, last month the Twitter logo was replaced with an image of a “Shiba Inu” dog and the price of Dogecoin soared.

Overall, Elon Musk’s tweet about Milady caused a significant increase in the popularity and trading volume of the collection. With Musk’s influence in the crypto world, it’s no surprise that his tweet has had such a significant impact. It will be interesting to see how Milady and other NFT collections continue to perform in the days and weeks ahead.

Purchases before Musk’s tweet drew attention

Meanwhile, before Musk’s tweet, an address with the alias Elon_Musk made $25,000 transactions, according to Lookonchain. The wallet bought 8 trillion LADYS for $45,000 in 25 ETH hours before Musk tweeted. On the other hand, DWF Labs, a cryptocurrency investment company, also bought 15 billion LADYS the other day. Today, it bought 879 billion LADYS for 73 thousand dollars.