Hot MemeCoin $LADYS Connected To Arbitrum

Key Points:

  • The NFT Milady project announces its LADYS token has been listed on the Arbitrum network.
  • Users can use the cross-chain bridge initiated by Milady to connect LADYS between Ethereum and Arbitrum.
  • Cross-chain bridges do not charge protocol fees; users only need to pay gas fees.
The Milady Meme Project announced that LADYS has been listed on Arbitrum. Users can use the cross-chain bridge initiated by Milady to connect this token between Ethereum and Arbitrum.

According to the announcement, the cross-chain bridge does not charge any protocol fees, and users only need to pay the gas fee.

Additionally, Milady announced that until May 16 at 8:30 a.m. UTC, the user with the highest trading volume from​​​​​​​​​​​​​Ethereum to Arbitrum would receive a reward of Milady NFT.

Despite the positive news, sugar like this memecoin is starting to cool down after the massive bull run. Currently, LADYS recorded a decrease of 22% in the last 24 hours and is trading at $0.0000001114.

24h LADYS price chart. Source: CoinMarketCap

Memecoin “following” the NFT Milady collection suddenly skyrocketed thanks to the Elon Musk effect.

As reported on the evening of May 10, posted by Elon Musk, the price of the NFT Milady collection increased by more than 50%. But the Elon Musk effect also unintentionally helped push the memecoin “following” the NFT Milady set to increase equally strongly.

Specifically, after the Tesla boss posted photos of Milady, some speculators began to search for Milady-related projects to take advantage of the FOMO wave. And quickly, the community found out that the “follow-up” memecoin project is Milady Meme Coin (LADYS), just created a few days ago.

Although LADYS is not an official project of Milady “or not equal to luck,” memecoins are usually not based on “reason” but only on community.

According to on-chain data, several addresses have significantly profited from this memecoin transactions. Address “0x3269” bought 9.17 trillion LADYS (now worth $1.35 million) with just 3.31 Ethereum (about $6,189), generating a profit of $1.35 million – a doubling 218 times. Similarly, address “0xc484” bought 8.03 trillion LADYS (current value $1.18 million) for 24 Ethereum ($44,317), making a profit of $1.14 million – up 26 times more.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Victor

Recent Posts

Step into BlockDAG’s Presale Frenzy This November: Secure a Massive 100% Bonus with BDAG100!

November is the perfect time for BlockDAG's huge presale. Use BDAG100 to double your purchase.…

1 hour ago

OpenSea New Version Will Be Launched In December

OpenSea new version is scheduled to launch in December, with an improved user experience, improved…

1 hour ago

Bitcoin Price in 2025 Will Reach $200,000: Bernstein

Analysts at Bernstein predict Bitcoin price in 2025 could reach $200,000, driven by factors like…

2 hours ago

Bitfinex Alpha Predicts Storm Brewing in Crypto Market

The latest report by Bitfinex Alpha: "The Calm Before the Storm," provides insights on the…

3 hours ago

Binance Listing Fees Are Causing Fierce Controversy In The Community

The crypto community is in a heated debate over Binance listing fees and the exchange’s…

3 hours ago

This website uses cookies.