{"id":138998,"date":"2023-05-11T07:49:38","date_gmt":"2023-05-11T07:49:38","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=138998"},"modified":"2023-05-11T10:51:39","modified_gmt":"2023-05-11T10:51:39","slug":"elon-musks-new-found-nft-love-milady-floor-price-pumps-after-tweet","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/elon-musks-new-found-nft-love-milady-floor-price-pumps-after-tweet\/","title":{"rendered":"Elon Musk&#8217;s New Found NFT Love &#8220;Milady&#8221; Floor Price Pumps After Tweet"},"content":{"rendered":"<p style=\"text-align: justify\"><strong>Following a tweet from Tesla CEO and SpaceX founder Elon Musk,<\/strong> the floor price of <a href=\"https:\/\/miladymaker.net\/\" target=\"_blank\" rel=\"noopener\">Milady non-fungible tokens (NFT)<\/a> spiked from 3.8 ETH to 7.3 ETH before falling back to 4,96 ETH, at the time of writing.<!--more--><\/p>\n<h2 style=\"text-align: justify\">Tweet Inspires NFT To Surge<\/h2>\n<p style=\"text-align: justify\">Musk&#8217;s love affair with crypto continues to fly high as the new Twitter CEO recently tweeted a meme created using imagery from the Milady <a href=\"https:\/\/crypto-economy.com\/news\/nft\/\" target=\"_blank\" rel=\"noopener\">NFT<\/a> collection. The tweet which read, <em>&#8220;There is no meme. I love you&#8221;, <\/em>amassed a staggering 4 million times in less than an hour.<\/p>\n<p style=\"text-align: justify\">Soon after, Milady, a profile-pic (PFP) NFT consisting of 9,823 NFTS featuring wide-eyed childlike faces <a href=\"https:\/\/opensea.io\/collection\/milady\/analytics\" target=\"_blank\" rel=\"noopener\">jumped<\/a> more than 53% in just 24 hours, on NFT marketplace OpenSea. <strong>The surge mirrored the impact Musk&#8217;s tweets have had on the price of the memecoin Dogecoin (DOGE) in the past.\u00a0<\/strong><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/4s6HwnCY74\" target=\"_blank\">pic.twitter.com\/4s6HwnCY74<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1656326406618619910?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 10, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">Created in 2021 by digital arts collective Remilia, Milady is a collection of 10,000 anime profile picture NFTs inspired by street-style tribes. <strong>Artist Charlotte Fang founded the Remilia decentralized autonomous organization (DAO) and helped design the series<\/strong>.<\/p>\n<p style=\"text-align: justify\">The Milady NFTs have been mired in controversy after \u00a0Fang acknowledged that she had operated a pseudonymous Twitter account that shared racist, abusive tweets. Following the incident, in May 2022, <b>Milady NFT prices took a hit, falling more than 50%<\/b>.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2023\/05\/Bitcoin-and-Dogecoin-e1683790764540.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-139007 size-full\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2023\/05\/Bitcoin-and-Dogecoin-e1683790764540.jpg\" alt=\"Tweet Inspires NFT To Surge, just as he has done with Doge and Bitcoin\" width=\"825\" height=\"303\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/05\/Bitcoin-and-Dogecoin-e1683790764540.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/05\/Bitcoin-and-Dogecoin-e1683790764540-300x110.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2023\/05\/Bitcoin-and-Dogecoin-e1683790764540-768x282.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/a><\/p>\n<h2 style=\"text-align: justify\">Musk&#8217;s Love Affair With Crypto<\/h2>\n<p style=\"text-align: justify\">Musk has been dabbling with the crypto world for quite a long time, now. <strong>He has been credited for increasing the prices of cryptocurrencies like Bitcoin (BTC) and <a href=\"https:\/\/crypto-economy.com\/whats-behind-elon-musks-decision-to-change-the-twitter-logo-to-doge\/\" target=\"_blank\" rel=\"noopener\">Dogecoin (DOGE)<\/a> by posting positive messages that have encouraged more people to buy digital currencies<\/strong>. The Tesla CEO has been a staunch supporter of Dogecoin (DOGE) triggering the memecoin price. Last month, the Twitter CEO changed the traditional logo of Twitter to DOGE, catapulting the digital token.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dogecoin might be my fav cryptocurrency. It\u2019s pretty cool.<\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1113009339743100929?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">April 2, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\">Back in 2021, the Billionaire had said that he has been working with Dogecoin developers to improve the network since 2019. In the same year, <strong>Musk proposed a space mission to the moon citing it would be funded entirely by Dogecoin (DOGE)<\/strong>. The Twitter CEO had earlier stated,<\/p>\n<p style=\"text-align: center\"><em>&#8220;Lots of people I talked to on the production lines at Tesla or building rockets at SpaceX&#8217;s own Doge. They aren\u2019t financial experts or Silicon Valley technologists. That\u2019s why I decided to support Doge \u2013 it felt like the people\u2019s crypto.&#8221;<\/em><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">Last year,\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Musk emphasized in an interview he gave to Time Magazine that he would favor the introduction of Dogecoin as a transactional currency over the more popular Bitcoin.<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0The eccentric Twitter CEO had also rooted for Bitcoin (BTC) after Tesla bought over $1.5 million worth of BTC. He had also\u00a0<\/span><span data-preserver-spaces=\"true\">added<\/span><span data-preserver-spaces=\"true\">\u00a0the hashtag bitcoin to his Twitter bio, in 2021, briefly pushing up the price of the cryptocurrency by as much as 20%.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following a tweet from Tesla CEO and SpaceX founder Elon Musk, the floor price of Milady non-fungible tokens (NFT) spiked from 3.8 ETH to 7.3 ETH before falling back to 4,96 ETH, at the time of writing.<\/p>\n","protected":false},"author":21,"featured_media":139036,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[112,84,74],"tags":[4982,4983,5402],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/138998"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=138998"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/138998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/139036"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=138998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=138998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=138998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}