Elon Musk Tweets Miladys NFT Meme—Price Predictably Pumps

Milady Maker NFTs have pumped in price today following a tweet from Twitter owner and CEO Elon Musk, who shared a meme showing one of the anime-style Ethereum NFTs.

The image reads "There is no meme. I love you." It has already been viewed more than 4 million times in less than an hour, and yielded tens of thousands of interactions.

Not only did the tweet prompt a flurry of excitement and enthusiasm amongst Miladys $NFT holders and others in the Web3 space, but it also sent the price of the assets soaring.

pic.twitter.com/4s6HwnCY74

— Elon Musk (@elonmusk) May 10, 2023

According to data from $NFT Price Floor, the entry-level price for the collection on secondary markets immediately jumped from 3.75 $ETH ($6,920) to 5.25 $ETH ($9,700), marking a nearly 57% bump in a matter of minutes. The jump recalls the impact that Musk's tweets have had on the price of meme coin Dogecoin in the past.

Milady Maker has been a controversial project, with $NFT prices dropping last May after creator Charlotte Fang acknowledged that she had operated a pseudonymous Twitter account that shared racist, abusive tweets. Fang said at the time that she had stepped down from the team.