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Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea

The Twitter CEO shared a gif of the counterculture NFT declaring, “There is no meme, I love you,” shooting the collection to the top trending spot on the marketplace.

By Toby Bochan
AccessTimeIconMay 10, 2023 at 4:35 p.m. UTC
Updated Jan 24, 2024 at 12:33 a.m. UTC
Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)
Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)
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Twitter CEO Elon Musk on Wednesday delighted fans of the counterculture non-fungible token (NFT) collection Miladys, when he shared a meme containing the instantly recognizable image of one of the avatar NFTs overlaid with the words, “There is no meme, I love you."

The collection instantly shot to the top trending spot on NFT marketplace OpenSea, with the floor price briefly hitting an all-time high of 7.3 ETH (approximately $13,700), then dipping back down to 5.6 ETH at press time. The collection has seen a 59% increase in floor price over the past seven days.

See Also: Miladys NFT Community Is the Counterculture to Cancel Culture

Miladys are a profile-pic (PFP) NFT consisting of 9,823 NFTS featuring wide-eyed childlike faces. Despite the innocent imagery, the collection has faced controversy over conspiracy theories and slurs shared by the creator behind Remilia and the project, known as Charlotte Fang, Charlie Fang, or Charlemagne. Remilia’s CEO admitted that he was behind an offensive twitter account and other posts and left the project.

Read More: Everything You Always Wanted to Know About ‘Miladys’ but Were Afraid to Ask

Edited by Stephen Alpher.

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Toby Bochan
Toby Bochan

Toby Leah Bochan was the Managing Editor of Web3 and Learn at CoinDesk. Toby holds BTC.

Follow @tobyleah on Twitter

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