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Milady Meme Coin Price Prediction: LADYS Drops 12% – Is Meme Market Drying Up?

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Milday
Milday

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The self-organized meme coin Milady (LADYS), which gained massive attention in May 2023, has dropped unexpectedly.

Despite Milady’s initial popularity, its momentum waned in August as uncertainties began to cloud people’s perceptions of it. As of yesterday, August 27, the meme coin closed the day at $ $0.000000031, representing a drop of 10% from the previous trading price.

According to CoinGecko, LADYS is trading at $0.000000029 today and has recorded a 12% price decline within the last 24 hours. However, despite the present pessimism in the market, the asset is still up by almost 20% in the previous seven days.

This might suggest that the Milady meme coin is still considered a potential crypto asset to invest in. Overall, the meme coin is still up by over 3,000% from its all-time low of $0.00000000073, which occurred on May 10, 2023.

Single Tweet Pushed Milady Price by Over 5,000% – Is It Best To Hold?

A single tweet from a famous person can hugely impact a crypto price positively or negatively. This has often happened to the popular meme coins – Shiba Inu, Doge, Pepe, etc. 

Recall that, on May 10, American business magnate Elon Musk tweeted a meme promoting the image of Milady NFT, affecting the price massively. Elon said, “There is no meme. I love you.” Shortly after this post, the Milady NFT recorded an uptick of over 5,000% in less than 24 hours.

Additionally, on that same day, there was an uptick in Milady meme coin LADYS price, rising from $0.0000000010 on May 09 to $$0.00000016 on May 16.

Interestingly, the price surge represented an increase of 15000% in the Milady meme coin LADYS. Since then, Milady has struggled to stay above the zone as most investors sold off their tokens for profit-making.

Milady Meme Coin Tokenomics Might Have Effect on Token

According to Milady’s website, about 94% of its total supply was added to the liquidity pool, which was destroyed, and the contract was renounced. Meanwhile, 1% of the tokens were given as a gift to all community members who have $PEPE and Milady NFTs.

The last 5% of the tokens are kept in a particular “Multi-sig” wallet. According to the Team, they will be used later to put the tokens on big trading websites, connect different blockchains, and add more tokens to the liquidity pool.

All these actions aim to create a balance between buying and selling, which can lead to a more stable and potentially valuable token price.

Milady Meme Coin Falls Below MA Indicator – Will It Survive?

The LADYS/USD pair is trading below the EMA9 indicator, indicating it might face downward pressure. However, the recent 1-hour green candle shows a glimmer of hope. This positive movement hints at a potential shift in momentum, suggesting that buyers might be gaining strength.

Milady

Based on the chart, the key is whether the price can break above the EMA9 level. If it does, this could signal that LADYS is ready to move upward, potentially targeting the next hurdle at $0.00000004.

This level could act as a barrier, but if the newfound buying momentum is sustained, LADYS could breach this resistance. However, if the sellers supersede the buyers, the market might continue downward before breaking the support level at $0.000000027.

The MACD trading below the signal line and showing red histogram bars support the present bearish momentum in the market. Also, the Relative Strength Index value below the 50 region suggests that the asset is under the seller’s control.

Milady has the potential for at least one pump. But be careful, as this is a meme coin, and its price can pump and dump with a click, a tweet, or anything.

These indicators suggest a period of consolidation. Traders and investors might consider observing further market trends before making any decisions.

Next Meme Coin to Be Listed On Tier On Crypto Exchange – Wall Street Memes

The new token, Wall Street Memes (WSM), is almost done with its presale and will soon be available on prominent crypto websites in September. This intelligent move helps the project grow even when the market is tricky.

Wall Street Memes stand out among many presales happening in the crypto world because it’s extensive and fair. The last part of its presale is happening now, preparing the token to be on real exchanges.

By bringing in a way for people with $WSM tokens to stake them, the project plans to reward those who supported it early on. 

This step makes Wall Street Memes appealing to savvy crypto investors who want to spread out their investments and manage risks by making money passively.

Wall Street Memes: Top Crypto Contender and Preferred Choice for Investors

The Wall Street Memes brand is attractive, and since its presale did well, it’s already considered a strong player in the crypto world, even before it’s officially available. 

People who know much about cryptocurrencies feel optimistic about the Wall Street Memes coin. Crypto Faro, a famous crypto expert with 58k followers on YouTube, thinks $WSM could become even more popular than Shiba Inu. 

Famous YouTuber Joe Parys, boasting 380k subscribers, thinks the Wall Street Memes coin could become 100 times more valuable.

Another YouTube expert, Michael Wrubel, with 310k subscribers, has also put money into $WSM, showing he believes in its potential.

A well-known observer of crypto presales, Jacob Crypto Bury, suggests that investing in Wall Street Memes might be a great idea, especially since they will be on big trading websites soon. 

Some people even compare $WSM to the popular Pepe coin because it could make money from meme stocks. Not just videos but also reliable sources like Analytics Insight, Outlook India, Finbold, and The Coin Republic are talking about Wall Street Memes. 

Investors expect a significant increase in the value of $WSM when it gets listed on crypto exchanges because of its presale performance. Interested investors can visit the project’s site to purchase a fraction of the tokens.

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