What is Milady Meme Coin?
Milady is one of the latest meme coins to join the ranks - but what is it and what does it do? We're doffing our caps and getting to know milady in this guide.
Milady (LADYS) is a meme coin launched in 2023 and created by fans of the Milady Maker NFT collection.
Like other meme coins, LADYS has no intrinsic value and its price is driven by community support and supply/demand.
In its own words, LADYS is a tokenized representation of a fully optimized white pill and a self-organized meme coin.
What is Milady (LADYs)?
Milady (LADYS) is a meme coin linked to the Milady NFT collection. It launched in 2023 on the Ethereum blockchain and has experienced some significant price changes thanks to a strong community, as well as hype over the milady coin airdrop.
In the creator’s own words, “LADYS is not another meme coin. LADYS is a self-organised meme coin. LADYS is the drip currency. LADYS is the points for karma, charm, and beauty. LADYS is the accumulation of clout. Milady meme coin is LADYS, and LADYS is the meme coin for Milady.”
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What is the Milady NFT collection?
Milady NFT collection features 10,000 generative anime-style portraits of women, each with unique traits and rarities. The Milady Maker NFT collection can be minted on popular networks like the Ethereum network and traded on reputable platforms such as OpenSea.
This collection gained significant attention for its unique art style, created in 2021. It saw a notable increase in popularity when tech billionaire Elon Musk tweeted about it in late 2023.
The NFT collection was created by Remilia Collective, with little known about the individuals behind the project. The collection is copylefted and includes derivative projects.
The Milady NFT collection has been embroiled in several controversies. Key issues include:
A spin-off collection called ‘Milady, That B.I.T.C.H.’ featured NFTs with Nazi references on their shirts.
Charlotte Fang, who claimed to be one of the founders, later stepped down but was accused of manipulating young girls into an anorexia cult. She faces allegations of grooming, Nazism, suicide, misogyny, and racism.
Reports suggest Charlotte Fang leads Kaliacc, a neo-Nazi internet cult promoting antisemitism, slavery, homophobia, rape, genocide, transphobia, and misogyny.
The collection has also been linked to other esoteric internet subcultures and right-leaning New York hipsters, who use NFTs for virtual space mischief and unrestrained expressions.
It’s worth noting that LADYS coin states it has no association with Charlotte Fang.
Read next: Upcoming NFT drops
What is the Milady meme?
Milady is a take on the m’lady meme - the famous image of the ‘neckbeard’ tipping his fedora to the camera. While the Milady NFT collection has clearly taken some inspiration from this in its name, the NFT collection and coin have developed their own distinct - often problematic - culture and take on the meme.
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How does Milady memecoin work?
You can buy, trade, and sell LADYS like any other crypto or meme coin. Like other cryptocurrencies, LADYS employs blockchain technology to ensure transaction transparency and security through a decentralized ledger across multiple computers.
Milady operates on the Ethereum blockchain and can be traded on decentralized exchanges like Uniswap, centralized exchanges like Bytbit, and stored in non-custodial Ethereum wallets like MetaMask.
Milady aims to develop an ecosystem centered around meme culture, offering:
An NFT marketplace for trading viral meme NFT collectibles and art
Mobile games featuring Milady
Community engagement for exchanging services among members.
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Milady meme coin tokenomics
Maximum supply: 888,000,888,000,888
Circulating supply: 888,000,888,000,888
Distribution: Liquidity pool: 94% (for transaction stability), Liquidity pool tokens burned, and the contract renounced, airdropped 1% to Milady NFT and $PEPE token holders, and 5% reserved in a multi-signature wallet for future centralized exchange listings, bridges, etc.
Initial burn: 100,000,000 (10%)
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Is there a Milady meme coin airdrop?
Yes. There was a Milady memecoin airdrop of 1% of all supply in May 2023.
Eligible addresses for the Milady memecoin airdrop included all Milady NFT holder addresses and the first 100k $PEPE holder addresses. The airdrop claim period has now ended.
Read next: What is Pepe Coin?
How to buy Milady (LADYS)?
You can buy, trade, and sell LADYS on both centralized and decentralized exchanges including:
Here’s an example of how you can buy LADYS on Uniswap:
Create a wallet: Download MetaMask or another wallet from the app store or Google Play Store. For desktop, get the MetaMask Chrome extension from metamask.io.
Get some ETH: Ensure you have ETH in your wallet to swap for $LADYS. Buy ETH directly on MetaMask, transfer from another wallet, or purchase on an exchange and send it to your wallet.
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. Sign the wallet signature prompt in MetaMask.
Swap ETH for $LADYS: Exchange ETH for $LADYS. No specific slippage is required, but you might need to adjust slippage during market volatility.
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What’s the future of Milady memecoin?
Like any crypto - memecoin or otherwise - nothing is guaranteed. Past performance is not indicative of future results.
The current “roadmap” for LADYS is:
Phase 1: Launch
Phase 2: Vibe and HODL
Phase 3: Milady Takeover
Steps in each phase include:
Phase 1:
Launch
CoinGecko/Coinmarketcap listings
1,000+ holders
Get $LADYS trending on Twitter with unbridled memetic power
Phase 2:
Community partnerships
Milady Times digital newsletter
Formation of token gated discord group, Milady Palace for holders, more details TBA
CEX listings 10,000+ holders
Phase 3:
Milady merch
Milady academy
Milady tools
T1 exchange listings 100,000+ holders
$LADYS becoming the quintessential token for internet spirituality
Milady crypto taxes
As always, anyone interested in Milady should DYOR, consider their individual investment goals, and be aware of the inherent volatility and risks associated with crypto—especially memecoins.
Lastly, memecoins, while often seen as a fun and speculative part of the crypto world, come with their own tax implications. Profits from trading or holding memecoins are subject to the same tax rules as other cryptocurrencies.
Koinly tracks all popular memecoins to calculate your gains and manage your tax reporting. Get your Milady taxes done fast with Koinly.
Read next: How to do you Milady taxes
FAQs
Is milady meme coin a good investment?
Like most crypto - LADYS price is driven by supply and demand and the coin has no intrinsic value. Instead, community support and hype influence the price. You should always DYOR and only invest what you can afford to lose.
How much is a milady meme coin worth?
At the time of writing, LADYS is worth $0.0000001145. LADYS has had an all-time low of $0.00000000001985 and an all-time high of $0.0000006864.
Is the milady meme coin real?
Yes. As real as any other meme coin!
What is the all time high for Milady meme coin?
The all-time high for LADYS is $0.0000006864.
