Elon Musk sends Milady NFT price soaring with Twitter meme

Billionaire Twitter owner Elon Musk sent the price of Milady NFTs jumping on Wednesday after he tweeted a Milady meme.

“There is no meme. I love you,” the text of the meme read, over an image of a Milady NFT. 

Shortly after Musk posted, there was an uptick in Milady NFT sales and the floor price of the project. 

Sales of Milady NFTs rose 500% over the last 24 hours as of Wednesday afternoon, according to NFT Price Floor, and the floor price was up nearly 50%. 

The Milady meme is hardly the first time Musk has used Twitter to spark a crypto price spike. The price of Dogecoin shot up last month after Musk changed the platform’s logo to the famed meme of a Shiba Inu dog.

Other projects from Remilia Creative, a group of artists behind Milady NFT, were also on the rise on Wednesday. Sales of Redacted Remilio Babies NFTs, for example, were up 660% over the last 24 hours.