LADYS memecoin craze: what to know as Milady skyrockets

  • Milady (LADYS) price jumped more than 10,000% in a few hours after an Elon Musk tweet of a meme image. 
  • LADYS price was up over 3,200% at the time of writing as major exchanges listed the meme token.
  • Milady is ranked 238th by market cap on CoinGecko, with $122 million in MC.

The memecoin carnival just got another trendy token as the price of Milady (LADYS), which has no particular association with the NFT project Milady, soared more than 50x in 24 hours.

Recent dominance of the meme token trend by Pepe (PEPE) took a backseat as Crypto Twitter reacted to developments around the token.

As of writing, the LADYS token was trading around $0.000000133704, roughly 3800% up with a trading volume of over $221 million (up 11,914% in the past 24 hours).

 According to data on CoinGecko, Milady has a maximum supply of 888 trillion LADYS.

What’s behind the Milady (LADYS) price explosion?

The massive price gains early 11 May, 2023 pushed the value of the new meme coin up over 18,000% from its all-time low reached just 24 hours earlier on 10 May.

Milady price took to the moon on Wednesday, with the reaction to a tweet by Elon Musk that highlighted the Milady NFT, jumpstarting a flurry of buy activity. The Musk tweet aside, multiple exchanges, including Bybit, Bitget, Huobi, and MEXC Global have listed or announced listing support LADYS.


But on what Milady is and looks to offer, details on the memecoin’s website states:

$LADYS coin has no association with Charlotte Fang or her creation Milady Maker. This token is simply paying homage to a NFT collection we all love and recognize. $LADYS is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”

Milady price outlook

In terms of price performance, whether LADYS price can sustain the upside momentum remains to be seen. But one thing likely to happen is for price to dump as people take profits. 

Small investors wil have to be wary of the potential sell-off likely to be triggered by large holders, the so-called whales. These entities hold trillions of LADYS tokens and could look to dump on retail. PEPE dumped earlier this week as a whale sent trillions of tokens to a major crypto exchange.

Crypto news alert and smartmoney on-chain account Lookonchain highlights one such whale as DWF Labs.


All Dutch and English crypto news!

Crypto analyse: Bitcoin maakt eerste rode candle van het jaar en vervolgt weg naar beneden

Drie dagen geleden is de maandelijkse candle van Bitcoin gesloten. In deze analyse werpen we een blik op het effect van deze candle op het...

Weekendcolumn: Hoe overtuig je de massa van Bitcoin?

Wat is de beste manier om de massa te overtuigen? Om duidelijk te maken wat voor een impact Bitcoin zal gaan maken! Deze vraag houdt...

OpenAI commits $1M to support AI-driven cybersecurity initiatives

The adverse effects of artificial intelligence (AI) technology in the hands of criminals, enabling the creation of deep fakes and malware, have heightened the urgency...

Wie kent deze nog? BitTorrent zorgt voor stijging crypto van 12%

Cryptocurrency Tron (TRX) is vandaag met 12% gestegen en dat lijkt te komen door een aankondiging van voorman Justin Sun. Hij liet weten dat Tron...

Beste exchanges

Koop je crypto bij Bitvavo