The Milady NFT assortment spiked as a lot as 60% following an acknowledgement from Elon Musk, which drew parallels with the Twitter proprietor’s previous reward for dogecoin. Miladys function cartoon profile pic-like photographs with wide-eyed childlike faces, one in all which Musk tweeted overlaid with the phrases, “There is no meme, I love you.” Following the tweet, the gathering trended among the many most in-demand NFTs on market OpenSea, with costs as excessive as $13,700 price of ether on the peak and buying and selling volumes of over $22 million within the final 24 hours. The comparisons with dogecoin ought to immediate warning amongst merchants nevertheless. While Musk’s supposed endorsement of DOGE prior to now has triggered jumps within the memecoin’s worth, they’ve usually proved short-lived.
