The price of the NFT collection has skyrocketed in the past two days after a tweet by Elon Musk continues to show Elon Musk’s influence on the crypto market.
NFT Milady Collection has skyrocketed after being mentioned by Elon Musk in a Twitter post, similar to Dogecoin (DOGE) price reaction after every mention of Elon Musk.
Miladys is a PFP-type NFT consisting of 9823 baby-faced NFTS with large eyes. Milady once caused fever in the NFT community in mid-April 2022 and was met with controversy over conspiracy theories and bad words shared by the founder.
Milady’s price jumped more than 60% after a tweet by Elon Musk featured Milady NFT with the words “No memes, I love you”.
Milady also climbed to the top trending spot on OpenSea , shortly after Elon Musk’s tweet.
OpenSea data shows that Milady’s trading volume has grown to over 12000 ETH worth over $22 million in the past 24 hours, a 10x increase from last week.
Effects from Elon Musk
Elon Musk’s tweets have always generated amazing gains for the tokens he mentions, the most popular being Dogecoin (DOGE). Elon Musk began publicly supporting Dogecoin in a tweet in May 2021 .
From a little-known meme coin, thanks to the support of Elon Musk, Dogecoin has made an amazing leap over the past years and reached the top 10 projects with the highest capitalization in the cryptocurrency market.
And many questions have been raised as to whether NFT Milady will continue to explode in the near future like Dogecoin after Elon Musk’s tweet, let’s wait for the next updates from the Virtual Currency Blog!