Milady Meme Coin Price Prediction - Why is LADYS Token Up 10,000%

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A new player has taken the spotlight in the memecoin carnival, as the price of Milady Meme Coin (LADYS) experienced an astonishing surge of over 50 times its value within a mere 24 hours.

Did Milady Meme Coin Surge Over 50 Times in 24 Hours, Outshining Pepe (PEPE)?

This sudden rise in the price of Milady overshadowed the recent dominance of Pepe (PEPE) in the meme token trend, causing a stir among the crypto Twitter community.

As of the time of writing, the LADYS token was trading at approximately $0.000000133704, marking an extraordinary increase of around 3,800%. The trading volume also skyrocketed, surpassing $221 million, which translates to an astounding surge of 11,914% within the past 24 hours. According to data from CoinGecko, the maximum supply of Milady stands at a staggering 888 trillion LADYS tokens.

The underlying factors driving the sudden price explosion of Milady are quite intriguing. The massive gains on the 11th of May, 2023 propelled the value of this new meme coin to surge by over 18,000% from its all-time low just a day earlier on the 10th of May.

The catalyst for the surge was a tweet by Elon Musk that highlighted the Milady NFT, triggering a flurry of buying activity. It is worth noting that various exchanges, including Bybit, Bitget, Huobi, Gate.io, and MEXC Global, have either listed or announced their support for the trading of LADYS.

However, the nature and offerings of Milady are quite different from what one might expect. The meme coin’s website explicitly states that the LADYS coin has no association with Charlotte Fang or her creation, Milady Maker.

Rather, it serves as a homage to a beloved and recognizable NFT collection. The website also clarifies that LADYS is a meme coin with no intrinsic value or expectation of financial return. It lacks a formal team or roadmap and is deemed completely useless, existing solely for entertainment purposes.

What Is Milady?

Milady Meme Coin represents a meme coin associated with the Milady NFT collection. In addition to its meme coin status, it operates on a self-organizing principle, functioning as the currency for accumulating clout and earning karma, charm, and beauty points.

At its launch, the total supply of LADYS tokens was 888,000,888,000,888, with 94% of these tokens placed in the liquidity pool (LP) for the purpose of burning. Moreover, 1% of the token supply was distributed via airdrop to all holders of PEPE and Miladay NFTs.

The remaining 5% of the total LADYS token supply is securely held in a multi-signature wallet, ensuring easy tracking and reserved for future utilization in centralized exchange listings, liquidity pools, and bridges.

Milady’s vision encompasses the creation of merchandise, tools, and an academy exclusively catering to Milady NFT holders. The ultimate objective is to gather a community of over 100,000 holders and achieve listing on prominent centralized exchanges, establishing $LADYS as the definitive token for internet spirituality.

Outlook for LADYS – Uncertainty Looms as Positive Momentum Wavers

It remains uncertain whether the positive momentum of LADYS can be sustained when considering the future outlook for the token. However, a likely scenario is a price dump as investors take profits.

Small investors should exercise caution as there is a potential for a sell-off triggered by large holders, often referred to as “whales.” These entities possess trillions of LADYS tokens and may seek to unload them on retail investors.

A similar situation occurred earlier in the week when Pepe experienced a dump after a whale transferred trillions of tokens to a major crypto exchange.

One notable whale mentioned by the Crypto news alert and on-chain account, Lookonchain, is DWF Labs. Their actions and intentions regarding the Milady token could have a significant impact on its price dynamics.

As the memecoin phenomenon continues to unfold, market participants should stay vigilant and carefully evaluate the risks associated with these highly volatile assets.

LADYS Price Prediction – Can It Overtake PEPE

Milady Meme Coin (LADYS) experienced a remarkable surge in price after Elon Musk, the tech billionaire, shared a meme featuring the popular NFT collection “Milady.” The sudden increase in demand propelled the value of the LADYS token to reach an all-time high.

However, the initial excitement surrounding LADYS was short-lived, as the coin’s price plummeted on Friday. At present, the token has already dropped by 56.5% from its peak just two days ago, causing panic among investors.

The meme coin season began with great anticipation for the PEPE coin, which quickly became one of the top three meme coins shortly after its launch. Unfortunately, PEPE’s fortunes took a turn for the worse after its listing on Binance, resulting in a downward spiral for the digital asset.

It appears that the hype surrounding PEPE has been overshadowed by the emergence of the newly introduced LADYS token. The current trading price for Milady meme coin is $0.00000006655, representing an impressive increase of 341571% from its lowest point. On-chain data reveals that a significant amount of LADYS was purchased just before Elon Musk’s tweet.

Given the highly volatile nature of meme coins like Milady, relying solely on technical analysis to predict price movements may be insufficient. The current valuation of LADYS places its market capitalization at $49 million. To match the market cap of PEPE, which stands at $495 million, LADYS would need to experience a tenfold price increase.

It is important to note that this is merely speculative and should not be considered an accurate prediction for the price of the Milady meme coin. However, examining the 1-hour chart for LADYS indicates that bullish sentiment persists despite the significant price drop, suggesting the possibility of a strong rebound in the near future.

LADYS Token Alternatives

In terms of possible Milady Meme Coin alternatives that still have a low market cap, other meme tokens are following the same trend – such as NoMeme (NOMEME) which was listed on Uniswap following Elon Musk’s tweet, and began to trend on Crypto.com.