Milady Meme Coin

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Discover Milady Meme Coin's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Milady Meme Coin?

Milady Meme Coin (LADYS) is a meme coin created by enthusiasts of the Milady Maker NFT collection. It has no intrinsic value and is purely for entertainment purposes, driven by community support and influencer hype. LADYS is a tokenized representation of a fully optimized white pill and serves as a self-organized meme coin, with its value based on speculation and community sentiment.

How is Milady Meme Coin used?

Milady Meme Coin (LADYS) is primarily used for entertainment and trading purposes. It has no inherent financial value or expectation of financial return. The coin is often described as a meme coin with no intrinsic value, and its use is largely driven by community support and the power of internet memes.

Areas of Use
  1. Community Currency: LADYS can be used as a community currency to exchange for certain services within the community or to trade with other members.

  2. Trading: The primary use of LADYS is for trading, with no concrete plans to develop it further beyond its status as a meme coin.

  3. Memetic Value: LADYS is valued for its memetic value and entertainment purposes, with no product or platform associated with it for potential profits.

Key Points
  • No Intrinsic Value: LADYS has no inherent financial value or expectation of financial return.
  • Community Support: The value and popularity of LADYS depend on community support and engagement.
  • Trading: LADYS is primarily used for trading, with no planned uses beyond this purpose.
Conclusion

In summary, Milady Meme Coin (LADYS) is used for entertainment, trading, and community engagement, with no inherent financial value or expectation of financial return.

How do I store Milady Meme Coin?

To store Milady Meme Coin (LADYS) tokens, you have two primary options:

  1. Store in Your KuCoin Account: Holding your LADYS tokens in your KuCoin account provides quick access to various trading products, such as spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, which means you don't need to manage your private keys. Ensure you set up a strong password and upgrade your security settings to prevent unauthorized access to your funds.

  2. Hold in Non-Custodial Wallets: For enhanced security, you can withdraw your LADYS tokens to a non-custodial wallet. This grants you complete control over your private keys. You can use hardware wallets, Web3 wallets, or paper wallets. Be sure to store your private keys securely, as losing them may result in the permanent loss of your tokens.

How to buy Milady Meme Coin?

To buy Milady Meme Coin (LADYS) tokens, follow these steps:

  1. Choose an Exchange:

    • Select a reliable centralized exchange like Binance, KuCoin, CoinEx, Bybit, or gate.io that supports Milady Meme Coin. You can also use decentralized exchanges (DEXs) like 1inch.
  2. Create an Account:

    • Register for a free account on the chosen exchange. Provide the required personal information, including your name and email address. Some exchanges may require KYC verification to increase withdrawal limits and unlock additional features.
  3. Set Up Your Wallet:

  • Download and set up a crypto wallet like Trust Wallet, which supports the Ethereum network. Ensure you have the official Chrome extension or mobile app and keep your seed phrase safe.
  1. Buy ETH:

    • If using a DEX, buy Ethereum (ETH) as your base currency. You can do this on Binance or other exchanges. Then, send the ETH to your crypto wallet.
  2. Connect to DEX:

    • Connect your wallet to the chosen DEX. Use your wallet address to make the connection.
  3. Trade for LADYS:

  • On the DEX, select ETH as the payment and Milady Meme Coin (LADYS) as the coin you want to acquire. If LADYS doesn’t appear, find its smart contract address on Etherscan and paste it into the DEX.
  1. Complete the Swap:

    • Click the Swap button to complete the transaction. Be cautious of scams and ensure you have the official contract address.
  2. Store Your LADYS:

    • Once you have acquired LADYS, store it safely in your crypto wallet. Keep track of your investment performance and adjust your strategy as needed.

Remember to research the exchange, fees, and security features before making a purchase. Additionally, be aware of market risks and price volatility, and only invest in products you understand.

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History of Milady Meme Coin

Milady Meme Coin (LADYS) is a cryptocurrency that was launched in May 2023 as a tribute to the Milady Maker NFT collection. The token was created by an anonymous team of enthusiasts who are not affiliated with the NFT collection or its creators. The team explicitly stated that they are paying homage to the collection and do not have any formal ties with it.

The Milady Meme Coin gained significant attention after Elon Musk tweeted about it, which led to a surge in its price. The coin has a total supply of 888 trillion tokens, with 94% locked in a liquidity pool on Uniswap and the remaining 6% divided between a multisign wallet for project needs and an airdrop to PEPE and Milady NFT holders.

The coin's popularity is largely driven by its memetic value and community engagement. It has been described as a "self-organized meme coin" and a "drip currency," but it lacks any inherent value or utility beyond its use for trading. Despite this, the coin has seen significant price increases, with a notable surge in December 2023.

The Milady Meme Coin is often compared to other meme coins like PEPE and WOJAK, which also gained popularity through influencer hype and community support. The coin's success highlights the power of internet culture and community engagement in the cryptocurrency market.

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How Milady Meme Coin works

Milady Meme Coin (LADYS) is a digital currency that draws its inspiration from internet culture, particularly the power of memes. It is often referred to as a "meme coin" because it does not have any inherent value beyond what its community assigns to it. The coin was created as a playful experiment but quickly gained traction within online communities, sparking interest among cryptocurrency enthusiasts.

Creation and Inspiration

The creation of Milady Meme Coin was inspired by the Milady Maker NFT collection, a set of 10,000 profile image NFTs by Remillia Collective. The meme token team explicitly states that they are not affiliated with the creators of the NFT collection but use the brand to pay homage to it. The team behind LADYS remains anonymous, adding to the mystique of the coin.

Supply and Distribution

The total supply of LADYS tokens is 888,000,888,000,888. A significant portion, 94%, is locked away in a liquidity pool on Uniswap. The remaining 6% is divided between a multisign wallet for project needs (5%) and tokens airdropped to PEPE and Milady NFT holders (1%). The airdrop was held from May 8 to May 15, 2023, and all airdropped tokens seem to have been claimed or burned.

Trading and Community

The primary use of LADYS is for trading, and there are no concrete plans to develop it further beyond its status as a meme coin. The coin's value is driven by community engagement and the power of internet culture. Trading memecoins like LADYS requires not only a keen understanding of the cryptocurrency market but also active engagement with the coin's community.

Market Performance

As of May 2024, the live price of Milady Meme Coin stands at 0.0000014 USD. The 24-hour trading volume is $14,590,965 USD, showing considerable activity around the token. Over the last 24 hours, the token's price has seen a rise of 3.47%. The current CoinMarketCap ranking for Milady Meme Coin is #332, with a live market cap of $169,460,194 USD.

Giveaways and Promotions

There are ongoing giveaways and promotions within the LADYS community. For instance, users can create a paystring on Crypto.com and share it with the community to receive free entries into giveaways. Each additional entry costs 1 CRO (Crypto.com's native cryptocurrency) sent to a specific address.

In summary, Milady Meme Coin (LADYS) is a digital currency that leverages the power of internet memes and community engagement. It has no inherent value beyond what its community assigns to it and is primarily used for trading. The coin's market performance is driven by its community and the broader cryptocurrency market.

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Milady Meme Coin's strengths

Milady Meme Coin (LADYS) has several strengths that contribute to its popularity and market performance:

  1. Strong Community Support: Milady Meme Coin has a dedicated and active community that drives its growth. This support is crucial for the coin's success, as it relies on community engagement and influencer hype.

  2. Influencer Endorsement: The coin received significant attention after a tweet from Elon Musk, which was perceived as an endorsement. This tweet led to a surge in the coin's price and popularity.

  3. Market Performance: Milady Meme Coin has shown positive market trends, with a significant increase in price and trading volume. It currently ranks #332 on CoinMarketCap, indicating a notable presence in the market.

  1. Unique Features: As a meme coin, Milady Meme Coin offers a unique blend of internet culture and cryptocurrency, making it appealing to a younger, internet-savvy generation.

  2. Trading Activity: The coin has considerable trading activity, with a substantial 24-hour trading volume, indicating ongoing interest and liquidity.

These strengths collectively contribute to the coin's success and its ability to attract investors and traders.

Milady Meme Coin's risks

Milady Meme Coin (LADYS) carries several risks that investors should be aware of:

  1. Lack of Financial Value: LADYS is a meme coin with no associated financial value or anticipated returns, posing a significant risk for investors.

  2. Uncertain Roadmap: The project lacks an official team, introducing uncertainty regarding the coin’s long-term development and future plans.

  3. Dependency on Community: As a meme coin, Milady’s price can be closely tied to internet activity, leading to volatile price swings.

  1. Risk Analysis: Milady Meme Coin has received an average risk rating from InvestorsObserver analysis, indicating that the token can be manipulated by limited trading and is susceptible to market fluctuations.

  2. No Intrinsic Value: The LADYS token serves no practical purpose and is purely for entertainment, making it highly speculative and subject to market whims.

These risks highlight the importance of thorough research and due diligence before investing in Milady Meme Coin or any other meme coins.

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Did Milady Meme Coin raise funds?

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Milady Meme Coin’s team

  • Milady Meme Coin (LADYS) Team: The team behind Milady Meme Coin (LADYS) is anonymous and has no affiliation with the Milady Maker NFT collection or its creators. They launched the token as an homage to the NFT collection, but their identities and intentions remain unknown.

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