Discover why Milady Meme Coin (LADYS), a cryptocurrency tribute to the Milady Maker NFT collection, is making waves in the meme coin world.
Key Highlights:
- LADYS is a meme coin celebrating the popular Milady Maker NFTs.
- With no utility, Milady Meme Coin relies on its association with Milady Maker and community support.
- LADYS saw a significant price surge starting late 2023, reaching its all-time high (ATH) in March 2024.
- The LADYS project is decentralized, with 94% of tokens in liquidity pools, 5% in a traceable wallet for future use, and 1% distributed via airdrop.
- In June 2024, LADYS secured a $5 million investment from DWF Labs for further development and community engagement.
What is Milady Meme Coin (LADYS)?
Milady Meme Coin (LADYS) is an Ethereum-based cryptocurrency created as a homage to Charlotte Fang’s generative NFT collection, Milady Maker. A true meme coin, LADYS has no utility but thrives on community support and viral trends to generate interest and accumulate value.
Launched in May 2023 by anonymous creators, the official website clarifies that LADYS has no direct affiliation with Charlotte Fang or Milady Maker. By late 2023, LADYS’s value skyrocketed, hitting its ATH of $0.0000003923 on March 13, 2024.
LADYS’s recent growth likely stems from rising meme coin popularity and its availability on major platforms like Crypto.com, boosting visibility.
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How Does Milady Meme Coin Work, and Why Is It Gaining Popularity?
Operating on Ethereum, LADYS is compatible with most wallets and easily supported by various platforms, ensuring accessibility. Embracing its meme coin status, the official website humorously labels LADYS as “completely useless” with no intrinsic value. It also notes the absence of a formal team, though an informal three-phase roadmap is outlined.
Notably, LADYS lacks a whitepaper—a key tool traders use to assess crypto projects’ legitimacy. Despite (or because of) this unconventional approach, LADYS has captured crypto enthusiasts’ attention. Its market cap hovers around [$105 million](https://crypto.com/price/milady-meme-coin), with ~$10 million in daily trading volume.
Tokenomics and Governance
LADYS has a total supply of 888 trillion tokens. Of these, 94% are in liquidity pools (LP), enabling decentralized trading and price stability. Creators burned their LP tokens, relinquishing control to the community.
Another 5% is held in a traceable ENS wallet (‘miladymeme.eth’) for future listings, bridges, and centralized exchange liquidity pools. The remaining 1% was airdropped to Milady NFT and PEPE token holders.
Recent Developments
In June 2024, LADYS secured a $5 million investment from DWF Labs. The press release hints at “new avenues for development, collaboration, and community engagement.”
What’s Next for LADYS in 2024?
Like other utility-less meme coins (e.g., WIF, BOME), LADYS’s 2024 price surge and DWF Labs’ backing suggest continued growth. However, crypto volatility—especially for meme coins—means unpredictable price swings. External factors like meme coin hype could further influence LADYS’s trajectory.
How to Buy Milady Meme Coin (LADYS)
Purchasing LADYS is simple via the Crypto.com App, offering 250+ cryptocurrencies, from meme coins (SHIB, DOGE, PEPE) to majors (BTC, ETH, XRP). Fund your account with USD, EUR, or other fiats:
- Download the Crypto.com App (iOS/Android).
- Complete registration.
- Deposit funds via debit/credit card, Apple Pay, or bank transfer (1–3 days).
- Buy LADYS.
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Conclusion
LADYS merges meme culture with digital art through its Milady Maker NFT ties—but lacks utility, a whitepaper, or a formal roadmap. While its 2024 performance shows promise, meme coins carry high volatility and risk. Always research thoroughly and invest only what you can afford to lose.
FAQ
Q: Is LADYS affiliated with Milady Maker?
A: No. The creators state LADYS is unofficial and for entertainment only.
Q: Where can I store LADYS?
A: Any Ethereum-compatible wallet (e.g., MetaMask, Trust Wallet).
Q: What drives LADYS’s price?
A: Community hype, meme coin trends, and exchange listings.
Q: Is LADYS a good investment?
A: High-risk due to volatility; DYOR (do your own research) before investing.
Q: Can I stake LADYS?
A: Currently, no staking or yield mechanisms exist for LADYS.