A prominent crypto exchange platform lists a new memecoin just days after billionaire Elon Musk mentioned it in a tweet and made it skyrocket.
Into a new one announcementSingapore-based digital asset exchange Crypto.com says it is now listing Milady (LADYS), the meme asset associated with the Milady Maker non-fungible token (NFT) collection, on its app.
“Milady Meme Coin (LADYS) is now listed in the Crypto.com app, joining the growing list of over 250 supported cryptocurrencies and stablecoins…
Crypto.com app users can now buy LADYS at real cost using USD, EUR, GBP and more than 20 fiat currencies.
Launched earlier this month, LADYS saw a staggering increase of more than 2,000% this week after Tesla CEO and business mogul Musk tweeted about the.
Previously, data from the blockchain tracking platform Lookonchain revealed that a mysterious crypto wallet created just an hour before Musk’s tweet about the meme assets made a massive 2300% profit trading Milady.
‘We found a mysterious address.
Taken an hour before Elon Musk tweeted about Milady.
25 withdrawn [Ethereum] ($45,362) from Binance and bought 8 trillion LADYS for $0.000000005652.
No other transactions. Is it a coincidence?”
However, LADYS has pulled back sharply from its high as it was trading at $0.00000005732 at the time of writing, down 57.22% in the last 24 hours. At the time it was sold by the crypto wallet, it was moving at $0.000000135961.
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Featured image: Shutterstock/Sergey Nivens/REDPIXEL.PL