Milady NFT Sales Surge After Elon Musk's Latest Tweet

05/11/2023

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Elon Musk, the CEO of Tesla and Twitter owner has pumped the price of Milady NFTs by tweeting a meme featuring imagery from the collection. Shortly after his tweet, the floor price of Milady NFTs soared from 3.8 Ether to as high as 7.3 ETH.

Elon Musk, the CEO of Tesla and Twitter owner has pumped the price of Milady NFTs by tweeting meme featuring imagery from the collection. Shortly after his tweet, the floor price of Milady NFTs soared from 3.8 Ether to as high as 7.3 ETH.

pic.twitter.com/4s6HwnCY74
— Elon Musk (@elonmusk) May 10, 2023

The tweet from Musk, who has previously caused a stir in the crypto world with his comments on Dogecoin, has sent the price of Milady Maker NFTs skyrocketing, with a 57% increase over the past day. This surge in price comes after Musk shared a meme showing one of the anime-style Ethereum NFT profile pictures, which read "There is no meme. I love you." The meme has already been viewed over 24 million times in less than an hour, generating tens of thousands of interactions.

According to NFT Price Floor, sales of Milady NFTs have risen by over 1000% over the last 24 hours, and the floor price has increased by over 50%. This jump is reminiscent of the impact that Musk's tweets have had on the price of meme coin Dogecoin in the past.

OpenSea, an NFT marketplace, reported a market-wide sales surge, with over 1500 NFTs in the Milady collection sold over the 24 hours, totaling about 8200 ETH. Milady is now the best-selling project on the platform.

The Milady NFT collection was created in 2021 by digital arts collective Remilia and consists of 10,000 anime profile picture NFTs inspired by street style tribes. The collection was designed by artist Charlotte Fang. The name "Milady" is a play on the expression "my lady," which has taken satirical connotations about overzealous chivalry and "nice guys" on internet forums.

Milady Maker has been a controversial project, with NFT prices falling in May of 2017 after Fang admitted to operating a pseudonymous Twitter account that posted racist and abusive tweets. Fang stated that she had resigned from the team at the time.

OK, full disclosure: I was Miya. And its toxic baggage that’s hurting Milady community & poisoning the vibe. I apologize about trying to hide the past account—Miya has nothing to do with Milady Maker & should stay that way so I’ll be stepping down from the team from here.
— ♡ Charlotte Fang 🐉 Crown Prince (@CharlotteFang77) May 21, 2022

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Elon Musk