.elonmusk's tweets have proven to cause immense jumps in tokens mentioned by him, like $DOGE. These jumps are short-lived, however, and Milady NFTs could see the same trading action. By shauryamalwa.
The Milady non-fungible token collection spiked after receiving acknowledgement from Twitter owner Elon Musk, drawing parallels to Musk's treatment of dogecoin .
Prices of the controversial collection jumped as much as 60% after a Musk tweet featuring a Milady NFT overlaid with the words, “There is no meme, I love you." OpenSea data shows trading volumes surged to over 12,000 ether, worth over $22 million, in the past 24 hours. This was a tenfold increase compared to last week, the data show.Musk’s tweets have proven to cause immense jumps in the tokens mentioned by him – most popularly dogecoin .
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