Elon Musk Tweets On Twitter, The Price Of This Less Popular NFT Soared 500%!
<p> "Musk is really great, what he posts or says must be a digital asset that will go up."</p><p><br /></p><p>Milady non-fungible token (NFT) holders expressed their excitement when Elon Musk sent a tweet featuring the digital collectible character along with the words "There is no meme, I love you" on Wednesday.</p><p><br /></p><p>Following Musk's action, the floor price for Milady's NFT collection on the OpenSea market has successfully jumped to a higher level.</p><p><br /></p><p>Explained in more detail, the sale of Milady NFT has increased from 3.75 Ethereum (ETH) worth $6,920 to 5.70 ETH worth $10,371, where it is a 500% climb compared to the last 24 hours.</p><p><br /></p><p>pic.twitter.com/4s6HwnCY74</p><p><br /></p><p>— Elon Musk (@elonmusk) May 10, 2023</p><p><br /></p><p><br /></p><p>However, this is not the first time that Musk has used the social media platform Twitter to trigger a surge in the price of a digital asset.</p><p><br /></p><p>This is because the price of Dogecoin (DOGE) also saw a significant increase after Musk changed the official twitter logo to the memecoin and the Milady meme is his latest example this month.</p><p><br /></p><p>It is well known that the price of NFT Milady plunged drastically in May last year after being surrounded by various controversies regarding the creator of the NFT named Charlotte Fang who was found to be running a pseudonymous Twitter account to send racist and abusive messages.</p><p><br /></p><p>Unlike Bored Ape Yacht Club (BAYC) or Cryptopunks, Milady is a kind of profile picture (PFP) NFT that features a child-like face with anime-style wide eyes and in total the digital collection has released 9,823 units.</p>
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