Milady memecoin (LADYS) has shocked the crypto community as its price surged in a short time. This unexpected growth has brought the little-known cryptocurrency into the spotlight, especially after memecoin like PEPE or KEKE have become popular recently.
What is Milady memecoin?
Milady memecoin is known as a memecoin of the Milady NFT collection. Besides being a memecoin, LADYS also serves as a drip currency, the points for karma, charm, and beauty, and the accumulation of clout. The project aims to create tools, merchandise and an academy for Milady NFT holders. The key goal is to acquire more than 100,000 owners and be listed on top centralized exchanges, making LADYS a unique token that represents the spirit of the internet.
LADYS token
LADYS is the utility token of Milady memecoin that was launched in 2023. LADYS is built on Ethereum blockchain with ERC20 standard. The maximum total supply of LADYS is 888,000,888,000,888. LADYS can be used as a payment method in exchange for digital items and services. 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.
LADYS has also no connection with Milay creator Charlotte Fang or the Milady Maker. The memecoin is simply an homage to the NFT collection that we all love and recognize.
Tokenomics
Name: Milady Meme Coin
Trading name: LADYS
Type: Utility Token
Platform: Ethereum ERC20
Contract: 0x12970e6868f88f6557b76120662c1b3e50a646bf
Total Supply: 888,000,888,000,888
Allocation: With a total supply of 888,000,888,000,888, LADYS is distributed as follows:
- 94% of the tokens will be deposited in the liquidity pool (LP) for burning
- 1% of the token supply was airdropped to all PEPE and Miladay NFT holders
- The remaining 5% of the total supply of LADYS tokens is held in an easily trackable multi-sig wallet and is to be used for future centralized exchange listing, liquidity pools, and bridges.
Use cases:
- Transaction fees on the platform
- Buy, sell on the exchange
- Airdrop
- Guaranteed value for holders.
Milady Maker NFTs
Milady Maker NFTs are a collection of 10,000 generative profile picture (PFP) NFTs featuring a neo-chibi aesthetic inspired by various street-style tribes. The collection has been available on the secondary market on OpenSea since August 2021. Milady was created as a collaborative effort by the Remilia Collective, featuring Milady Sonora Sprite as the artist and Charlotte Fang as the designer. The Remilia collective is a group of Avant-guard internet artists that have released the Milady Maker collection and the Redacted Remilio Babies.
Milady Maker has its own website where you can find all detailed information about the Milady NFT collection. You can also learn more about some of the exciting and privileged lifestyle experiences that the Milady community promotes and offers to Milady NFT holders.
Areas of use for Milady memecoin (LADYS)
Although LADYS was originally created as a meme coin for entertainment, it can also be used in some other areas. For example, LADYS can be used as a currency, allowing you to exchange it for some services or make transactions with other members in the community. However, the main use of LADYS is still entertainment and memes.
Roadmap
It has no formal roadmap but the development team has listed three phases of development for LADYS:
Phase 1: Launch
- Launch Milady memecoin Platform
- List LADYS tokens on CoinGecko/Coinmarketcap
- Reach more than 1,000 holders
- Become trending on Twitter
Phase 2: Vibe and HODL
- Build community partnerships
- Digital newsletter Milady Times
- List LADYS token on CEX exchanges
- Reach more than 10,000 holders
Phase 3: Milady takes over
- Launch Milady Merchandise
- Launch Milady Academy
- Launch Milady Tools
- List LADYS on the tier-one exchange
- Make LADYS the quintessential token for internet spirituality
- Reach more than 10,000 holders
Why did the Milady memecoin (LADYS) token increase in price?
Elon Musk’s tweet sent the Milady NFT floor price to spike. Like Dogecoin, as soon as Elon tweeted about it, the price went up. This time, Musk tweeted a meme using the imagery of a Milady NFT. As we know, the tweet caused the floor price of Milady Maker NFT to rise from less than 4 ETH to over 7 ETH.
Some other factors impacting LADYS price include Milady Airdrop go live and some centralized crypto exchanges including Huobi Global, MEXC Global, Bitget, ByBit and Gate.io LADYS also announced the listing of LADYS.
Analysts believe that its price increase can be attributed to the massive consumption of PEPE in the crypto market. The LADYS token is linked to the PEPE by virtual of 1% of the LADYS token supply being airdropped to PEPE holders. As a result, LADYS could be riding on the success of PEPE thus the current price surge.
Milady memecoin (LADYS) vs FLOKI and PEPE
When compared to other memecoins like FLOKI and PEPE, Milady memecoin (LADYS) has its own unique identity as part of the Milady NFT collection, while each is designed for entertainment purposes only. FLOKI is a memecoin based on Elon Musk’s dog and PEPE is based on an internet character. The potential value and success of these coins depends on community support and the overall state of the crypto market.
Pros and cons of LADYS
Pros:
- Community Support: LADYS is a growing memecoin with strong community support. This can increase the popularity and usage of the token.
- Entertainment factor: LADYS is designed as a memecoin for entertainment purposes only. This can increase the coin’s popularity and attract more users.
- Get the attention of social media influencer Elon Musk
Cons:
- Lack of financial value: LADYS is a memecoin without any financial value or expectations. This can be a risk for investors.
- Team not announced: LADYS has no official team. This means that the long-term development of the coin is uncertain.