Milady NFT collection totaled 60% following a recognition from Elon Musk, which coincides with the previous praise of the owner of Twitter for dogecoin. Miladys showed cartoon profile picture-like images with wide-eyed childlike faces, one of which Musk tweeted overlaid with the words, “No meme, I love you.” After the tweet, the collection trended among the most in-demand NFTs on the OpenSea market, with prices as high as $13,700 worth of ether at its peak and trading volumes of over $22 million in last 24 hours. Comparisons with dogecoin should prompt caution among traders though. While Musk’s supposed endorsement of DOGE used to cause memecoin price jumps, it often proved short-lived.
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