Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

Malaysia News News

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
Malaysia Latest News,Malaysia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Prices of the popular Milady NFT collection have retracted gains from the past weeks as holders likely took profits on a move influenced by an Elon Musk tweet. By shauryamalwa

Prices of the popular Milady NFT collection have retracted gains from the past weeks as holders likely took profits on a move influenced by an Elon Musk tweet.

Earlier in May, the Milady collection spiked after receiving acknowledgment from Twitter owner Musk who tweeted a picture of a Milady avatar with the words “There is no meme, I love you” overlaid on the picture. Each NFT traded for 3.4 ether at the time. That immediately prices surged as much as 200%, each Milady fetching $13,700 worth of ether at the peak. Elsewhere, an unrelated LADYS token spiked thousands of percent, reaching a market capitalization ofAll gains have since reversed, as the NFT collection is now back at prices before Musk’s tweet, data fromMilady NFT prices have retracted gains. – which typically spikes whenever it is mentioned by the entrepreneur.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk's Warning to Investors: Don't 'Bet the Farm' on DogecoinElon Musk's Warning to Investors: Don't 'Bet the Farm' on DogecoinTesla CEO Elon Musk, famed for his significant influence on cryptocurrencies, warned investors about the potential risks associated with Dogecoin
Read more »

Are Images of Elon Musk With a Robot Girlfriend or Wife Real?Are Images of Elon Musk With a Robot Girlfriend or Wife Real?We first found the claims in a TikTok video posted on May 8, 2023.
Read more »

Elon Musk Signals Twitter's Headquarters May Not Stay in San FranciscoElon Musk Signals Twitter's Headquarters May Not Stay in San FranciscoElon Musk has hinted that Twitter might not keep its headquarters in San Francisco forever.
Read more »

Elon Musk's latest financial advice: Don't pour your life savings into dogecoin - AutoblogElon Musk's latest financial advice: Don't pour your life savings into dogecoin - Autoblog'I'm not advising anyone to buy crypto or bet the farm on dogecoin,' Tesla CEO Musk said Wednesday at a Wall Street Journal conference in London.
Read more »

Ron DeSantis Twitter Spaces chat with Elon Musk: What is it, and how does it work?Ron DeSantis Twitter Spaces chat with Elon Musk: What is it, and how does it work?Florida Gov. Ron DeSantis confirmed he was joining the 2024 presidential race on Wednesday by filing documents with the Federal Election Commission and releasing his first presidential campaign ad.
Read more »



Render Time: 2025-02-26 21:08:24