Benzinga - Milady Meme Coin (LADYS) is up 89% in the last 24 hours, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) gains.
What Happened: According to data from Coinglass, over $423,110 worth of LADYS has been liquidated in the last 24 hours, with shorts worth $326,330 being liquidated.
The surge was triggered by a tweet from Twitter Chief Elon Musk featuring a character from the Milady Maker NFT project and the caption “There is no meme, I love you”.
With a reach of almost 31.56 million people, the tweet quickly went viral, amassing over 243,800 likes and more than 24,100 retweets.
See More: The Art Of The Future: Lisa Ray’s TheUpsideSpace Bring NFTs To Center Stage
Why It Matters: As of writing, LADYS is trading at $0.00000005783.
It's important to note that Milady Meme Coin and the Milady NFT Project are not affiliated or associated with each other.
DOGE was trading at $0.07273 up 1% while SHIB was at $0.000008836, up 0.96% in the last 24 hours, according to Benzinga Pro.
Read More: Bitcoin, Ethereum, Dogecoin Rise Amid Investor Optimism: Analyst Says Buy King Crypto When ‘There’s Blood On The Streets,’ Predicts $35K Level
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