The Milady NFT assortment spiked as a lot as 60% following an acknowledgement from Elon Musk, which drew parallels with the Twitter proprietor’s previous reward for dogecoin. Miladys characteristic cartoon profile pic-like photographs with wide-eyed childlike faces, one among which Musk tweeted overlaid with the phrases, “There isn’t a meme, I really like you.” Following the tweet, the gathering trended among the many most in-demand NFTs on market OpenSea, with costs as excessive as $13,700 price of ether on the peak and buying and selling volumes of over $22 million within the final 24 hours. The comparisons with dogecoin ought to immediate warning amongst merchants nevertheless. Whereas Musk’s supposed endorsement of DOGE up to now has triggered jumps within the memecoin’s value, they’ve usually proved short-lived.