Milady (LADYS), the meme coin that follows the NFT milady collection, has caused a fever when it has increased non-stop after its launch, bringing huge profits to many investors.
According to data from Nansen and Lookonchain, the 10 biggest whales of LADYS have accumulated profits of up to 20 million USD. Despite partial profit taking, these wallet addresses still hold more than 176,000 billion of the Milady meme coin, or 20% of the total supply.
The average purchase price of the Milady coin meme is 0.00000037604 USD and the current price of this token is 0.00000012 USD. Therefore, the return rate of these wallets is up to 3,091%. Currently, 6/10 whales are profiting more than 1 million USD, but 3 wallets are blacklisted and cannot withdraw money due to suspicions related to insider trading.
Blacklisted accounts cannot withdraw profits.
However, taking profit is still not easy because LADYS currently has low liquidity. Currently there is only about 3 million USD of liquidity allocated on Uniswap V2 and V3. Therefore, to close their positions, these whale wallets must accept to narrow their positions gradually over time or suffer large slippage.
Also according to information from Lookonchain, DWF Labs is the owner of 2 of the 10 major wallets of the Milady coin meme. Previously, DWF Labs loaded LADYS on centralized exchanges (CEX). However, recently, Andrei Grachev, a representative of DWF Labs confirmed not to sell LADYS on CEX and asked wallet owners to withdraw all LADYS from the exchange as soon as possible.
He also revealed that the whale wallet belongs to the company's partners, not DWF Labs alone. In addition, Andrei Grachev revealed that they have transferred 100,000 USD LADYS to Gate.io to create a market for the project, but he declined to comment further on the role of Market Maker for LADYS.
DWF is suspected to be one of the whale wallets.
Milady Meme Coin, abbreviated as LADYS, is a cryptocurrency used as a meme coin for the Milady NFT collection. This is the symbolization of the “white pill” that has been fully optimized in the meme style.
LADYS is not just an ordinary coin meme, but a self-organizing meme coin that serves as the currency of style, accumulating prestige and scores for advancement, glamor and beauty.
The popularity of the LADYS coin meme began with billionaire Elon Musk's tweet about the NFT Milady collection. Immediately after the Tesla CEO's post, the floor price of the NFT Milady collection increased by a record 3000%. At the same time, the memecoin “following” the NFT Milady set, the Milady meme coin (LADYS), also increased strongly. It can be said that LADYS has continued the popularity of Pepe coin in the crypto community. Even wallet address 0x03aa bought 5.23 trillion LADYS (current value about 823,000 USD) with 246.6 billion PEPE (about 423,000 USD) and 320 billion CrazyPepe (about 18,000 USD). Address 0x4f53 sold 257.6 billion PEPE for 244 ETH (approximately $448,000) to buy 4.87 trillion LADYS for 230 ETH (approximately $767,000).
Another address is 0xfb2b which bought 292 billion PEPE for 54 ETH (about 101,000 USD) and sold it for 288 ETH (about 532,000 USD). The address then bought 7.5 trillion LADYS, worth about $1.18 million.
LADYS is also listed by major exchanges. Specifically, the cryptocurrency exchange Huobi announced the listing of LADYS, the token of the Milady meme coin, and the launch of the deposit service of LADYS at 14:30 on May 11. Not long after that, Bitget also announced the listing of LADYS and launched 4 projects BRC20 NALS, VMPX, PEPE (PEPE1) and MEME.