In another surprising move, Elon Musk has once again caught the attention of the Web3 community with a tweet about a non-fungible token (NFT).
Yesterday, the CEO of Twitter shared a meme featuring one of the avatars from the popular Milady Maker NFT collection, accompanied by the words, “There is no meme, I love you.”
The impact of Musk’s tweet was immediate, propelling the NFT collection to a trending position on OpenSea. The price of Milady Maker NFTs skyrocketed to an all-time high of 7.4 ETH (equivalent to approximately $13,500), with an average price of 5.3 ETH (around $9,700).
In the past 24 hours, the Milady Maker NFT collection also secured the leading position for sales volume among all NFT collections, as reported by CoinMarketCap statistics.
Launched in 2021, the Milady Maker collection consists of 10,000 generative PFP NFTs featuring a neochibi aesthetic. Each NFT showcases randomized cosmetics inspired by Tokyo street fashion from the 2000s.
This isn’t the first time Elon Musk has sent shockwaves through the Web3 community with a simple tweet. In April, when he replaced the iconic Twitter bird logo with the Dogecoin symbol, the value of the meme cryptocurrency surged by 25.69% within 24 hours. Similarly, in January 2022, Musk’s announcement that Tesla would accept Dogecoin as payment caused an 18% spike in its value.