What Is Milady Meme Coin?

Zac McClure
ByZac McClure, MBAReviewed byAlex MilesUpdated on August 15, 2024 · minute read
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  • Milady meme coin (LADYS) is a community-driven cryptocurrency linked to the Milady NFT collection. Its value is primarily based on community support and speculation, with no formal roadmap or financial expectations.

  • Meme coins like LADYS thrive on internet culture and community engagement, often lacking a defined utility but gaining popularity through social media hype and viral trends.

What is Milady (LADYS)?

Milady meme coin (LADYS) is a community-driven cryptocurrency linked to the Milady NFT collection. Launched in 2023 on the Ethereum blockchain, LADYS quickly gained attention due to its memetic nature and the popularity of the Milady NFTs. As a meme coin, LADYS doesn't have intrinsic value and is driven by community support and speculation. It's described by its creators as a "self-organized meme coin," with value rooted in its memetic culture rather than traditional financial metrics.

Despite its lack of a formal roadmap, LADYS has become a popular token within the cryptocurrency space, largely due to its unique branding and association with the Milady NFT collection. The coin embodies meme culture, serving as a digital currency for karma, charm, and beauty, as described by its proponents.

What is the Milady NFT collection?

The Milady NFT collection is a series of 10,000 generative “neochibi” portraits of women, each possessing distinct traits and rarity levels. Launched in 2021 by Remilia Collective, the collection gained attention for its unique art style and was later propelled into the spotlight when Elon Musk tweeted about it in 2023.

Despite its success, the Milady NFT collection has faced controversy, particularly surrounding Charlotte Fang, who was alleged to have connections with various extremist groups and ideologies. While these controversies have at times clouded the collection, LADYS coin asserts no affiliation with Fang or these allegations. The NFT collection remains a testament to the artistic creativity and dynamic nature of digital art in the blockchain era.

What is the Milady meme?

Milady originates from the infamous "m'lady" meme, typically associated with satirical images of a Reddit know-it-all "neckbeard" character tipping his fedora. While the Milady NFT collection draws inspiration from this meme, it has since developed its own distinct culture and narrative.

The term "Milady" in this context has evolved beyond its original meme origins to encompass a broader community of enthusiasts and collectors who embrace the Milady aesthetic and philosophy.

This cultural shift has contributed to the rise of LADYS as a meme coin, capturing the essence of internet meme culture and fostering a sense of community among its followers.

How does Milady meme coin work?

Milady meme coin (LADYS) operates like other cryptocurrencies, utilizing blockchain tech to guarantee secure and transparent transactions. It can be traded on various centralized and decentralized exchanges, allowing users to buy, sell, and hold the coin.

LADYS aims to cultivate an ecosystem centered around meme culture, offering features such as an NFT marketplace for meme-related collectibles, mobile games featuring Milady themes, and community engagement platforms for service exchange among members. Despite these ambitions, LADYS remains primarily a meme coin, with its value driven by community sentiment and internet culture rather than traditional financial models.

Milady meme coin tokenomics

Milady meme coin (LADYS) has a total supply of 888,000,888,000,888 tokens. The tokenomics are structured as follows:

  • Liquidity Pool: 94% of the total supply was allocated to the liquidity pool to ensure transaction stability. Liquidity pool tokens were burned, and the contract was renounced.

  • Airdrop: 1% of the supply was distributed to Milady NFT and $PEPE token holders.

  • Reserve: 5% of the supply is held in a multi-signature wallet for future exchange listings, bridges, and liquidity pools.

These tokenomics are designed to support the coin's liquidity while fostering community engagement through strategic allocations.

Milady meme coin news

For the latest developments and updates on Milady meme coin, you can follow their X account. Additionally, you can stay informed about the newest trends and insights through resources like CoinMarketCap or other cryptocurrency news platforms.

Milady meme coin airdrop

In May 2023, Milady meme coin conducted an airdrop, distributing 1% of its total supply to eligible addresses. This included all Milady NFT holder addresses and the first 100,000 $PEPE holder addresses. The airdrop claim period has ended, but it played a significant role in boosting the coin's visibility and engagement within the crypto community.

How to buy Milady (LADYS)?

Buying Milady meme coin (LADYS) involves several steps.

  1. Create a Wallet: Download MetaMask or another Ethereum-compatible wallet from the app Google Play store. For desktop users, install the MetaMask Chrome extension.

  2. Get Some ETH: Ensure your wallet holds Ethereum (ETH), which you will use to swap for $LADYS. You can buy ETH directly on MetaMask, transfer it from another wallet, or purchase it on an exchange and transfer it to your wallet.

  3. Go to Uniswap: Visit app.uniswap.org via Google Chrome or the MetaMask app browser. Connect your wallet, paste the $LADYS token address into Uniswap, select Milady, and confirm the transaction. Sign the wallet signature prompt in MetaMask.

  4. Swap ETH for $LADYS: Exchange ETH for $LADYS. No specific slippage is required, but you might need to adjust slippage during market volatility.

Milady meme coin outlook

The future of Milady meme coin (LADYS) is inherently uncertain, as with many cryptocurrencies. The current roadmap outlines several phases:

Phase 1: Launch

  • CoinGecko/Coinmarketcap listings

  • 1,000+ holders

  • Trending on Twitter with significant memetic power

Phase 2: Community Engagement

  • Partnerships and digital newsletters

  • Token-gated Discord group, Milady Palace

  • Centralized exchange (CEX) listings

  • 10,000+ holders

Phase 3: Expansion

  • Milady merchandise

  • Milady academy and tools

  • Tier 1 exchange listings

  • 100,000+ holders

  • LADYS becoming a quintessential token for internet spirituality

As with any investment, potential investors should conduct their own research (DYOR) and be aware of the risks and notable volatility associated with meme coins.

Milady crypto taxes

Investors in Milady meme coin should be aware of the tax implications associated with holding or trading cryptocurrencies. Like other digital assets, profits from LADYS transactions are typically subject to taxes, the rate and nature of which will depend on your jurisdiction. It's important to maintain accurate records of transactions and consider using tax software or consulting with a professional to ensure compliance with relevant tax laws.

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Milady meme coin FAQs

Here are answers to our frequently asked questions about Milady meme coin, Milady NFTs, and what is Milady meme coin?

Is Milady meme coin a good investment?

Milady meme coin (LADYS) is primarily driven by community support and hype, with no intrinsic value. As with any investment, potential investors should conduct thorough research (DYOR) and only invest what they can afford to lose.

How much is a Milady meme coin worth?

At the time of writing in August of 2024, LADYS is valued at approximately $0.0000001145. The coin has experienced an all-time low of $0.00000000001985 and an all-time high of $0.0000006864, reflecting its volatile nature. For more about the top meme coins by market cap, see our meme coins article CoinMarketCap for current prices.

What is the Milady meme coin price prediction for 2030?

Predicting the price of a meme coin like LADYS in 2030 is speculative at best. Its future value will largely depend on community support, market conditions, and the broader crypto landscape. Always do your own research before investing in any cryptocurrency.

Is the Milady meme coin real?

Yes, Milady meme coin (LADYS) is as real as any other cryptocurrency. It exists as a digital asset on the Ethereum blockchain and can be traded on numerous centralized crypto exchanges.

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Zac McClure
Zac McClureCo-Founder & CEO at TokenTax
Zac co-founded TokenTax after his career in international finance and accounting at JPMorgan, Imprint Capital and Bain. He has worked in more than half-dozen countries and received his MBA from the UPenn Wharton School.
Alex Miles
Reviewed byAlex MilesCo-Founder at TokenTax
Prior to TokenTax, Alex worked as a Product Designer at Dropbox and before that Readmill (acquired by Dropbox). He holds a BS in Digital Information Design - Interactive Media from Winthrop University.

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