With a recent surge in popularity, Milady NFT has become the most traded NFT collection on the market. The collection has seen significant growth after a boost from billionaire and cryptocurrency enthusiast, Elon Musk.
On Wednesday, Musk catapulted Miladys' collection of NFTs (Non-Fungible Tokens) to instant fame. As? He did this by sharing a meme that included an easily identifiable image of one of the collection's NFT avatars, with the words: "No meme, I love you."
According to data presented by IntoTheBlock, the turnover of the Milady collection managed to reach US$ 5 million, registering a peak of US$ 10 million the day before.
“Milady is currently the most traded NFT collection,” wrote IntoTheBlock on its Twitter when sharing a chart on the collection's growth.
Milady is currently the most traded NFT collection#Milady #NFTs https://t.co/wXJyMCmRBD pic.twitter.com/3DU13YuJKM
— IntoTheBlock (@intotheblock) May 12, 2023
A Miladys is a PFP (Profile Picture NFT) collection which features 9.823 NFTs, each representing wide-eyed children's faces. However, despite its innocent appearance, the collection has been at the center of several controversies.
This is due, in part, to allegations against Charlotte Fang, also known as Charlie Fang or Charlemagne, the creator behind Remilia and the Miladys project. Fang admitted to being responsible for a series of controversial and offensive posts on Twitter, which led to her departure from the project.
