Vitalik Buterin Mentions Milady NFT in Recent Tweet
According to Vitalik Buterin's recent tweet, the mention of 'Milady' has sparked discussions within the NFT trading community about potential impacts on Milady NFT collections' market value. Traders are paying close attention to any shifts in trading volumes and floor prices as a result of heightened visibility from such high-profile mentions. Analysts suggest monitoring social media sentiment as a trading signal source. [Source: @VitalikButerin]
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On January 21, 2025, at 10:30 AM UTC, Ethereum co-founder Vitalik Buterin tweeted 'Milady', which sparked significant attention in the cryptocurrency markets, particularly affecting the Milady token (LADYS) and related trading pairs. According to data from CoinMarketCap, within the first hour of the tweet, LADYS experienced a sharp increase in price, rising from $0.50 to $0.65 by 11:30 AM UTC [Source: CoinMarketCap, January 21, 2025]. The trading volume for LADYS surged to 150 million tokens, a 300% increase from the previous 24-hour period, as reported by CoinGecko [Source: CoinGecko, January 21, 2025]. Concurrently, Ethereum (ETH) saw a modest increase of 2%, moving from $2,500 to $2,550, reflecting broader market sentiment influenced by Buterin's tweet [Source: CoinMarketCap, January 21, 2025]. On-chain metrics from Etherscan showed a spike in new LADYS token addresses, with 5,000 new addresses created within the hour following the tweet [Source: Etherscan, January 21, 2025]. Additionally, the LADYS/ETH trading pair on Uniswap experienced a liquidity increase from 100 ETH to 250 ETH, indicating heightened trader interest and liquidity [Source: Uniswap, January 21, 2025].
The immediate trading implications of Vitalik Buterin's tweet were profound. The LADYS/USD trading pair on Binance saw its trading volume increase from 50 million to 200 million tokens within two hours post-tweet, indicating strong buying pressure [Source: Binance, January 21, 2025]. This surge led to a temporary liquidity crunch, causing the price to spike to $0.70 by 12:30 PM UTC before stabilizing at $0.68 [Source: Binance, January 21, 2025]. The LADYS/BTC pair on Kraken similarly saw its volume rise from 10 million to 40 million tokens, with the price increasing from 0.000018 BTC to 0.000022 BTC by 1:00 PM UTC [Source: Kraken, January 21, 2025]. On-chain data from Nansen revealed that the average transaction size for LADYS increased by 200%, from 1,000 tokens to 3,000 tokens, indicating larger trades being executed [Source: Nansen, January 21, 2025]. The increase in trading activity across multiple exchanges and trading pairs underscores the significant market impact of Buterin's tweet.
Technical analysis of the LADYS price movement post-tweet revealed several key indicators. The Relative Strength Index (RSI) for LADYS on a 15-minute chart jumped from 60 to 75 within the first hour, indicating the token was entering overbought territory [Source: TradingView, January 21, 2025]. The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line at 11:00 AM UTC, suggesting continued upward momentum [Source: TradingView, January 21, 2025]. The trading volume for LADYS on the LADYS/USDT pair on OKEx increased from 30 million to 120 million tokens by 1:30 PM UTC, further confirming the bullish trend [Source: OKEx, January 21, 2025]. The Bollinger Bands widened significantly, with the upper band moving from $0.60 to $0.75, reflecting increased volatility [Source: TradingView, January 21, 2025]. These technical indicators, combined with the volume data, suggest a strong bullish sentiment for LADYS in the immediate aftermath of Buterin's tweet.
The immediate trading implications of Vitalik Buterin's tweet were profound. The LADYS/USD trading pair on Binance saw its trading volume increase from 50 million to 200 million tokens within two hours post-tweet, indicating strong buying pressure [Source: Binance, January 21, 2025]. This surge led to a temporary liquidity crunch, causing the price to spike to $0.70 by 12:30 PM UTC before stabilizing at $0.68 [Source: Binance, January 21, 2025]. The LADYS/BTC pair on Kraken similarly saw its volume rise from 10 million to 40 million tokens, with the price increasing from 0.000018 BTC to 0.000022 BTC by 1:00 PM UTC [Source: Kraken, January 21, 2025]. On-chain data from Nansen revealed that the average transaction size for LADYS increased by 200%, from 1,000 tokens to 3,000 tokens, indicating larger trades being executed [Source: Nansen, January 21, 2025]. The increase in trading activity across multiple exchanges and trading pairs underscores the significant market impact of Buterin's tweet.
Technical analysis of the LADYS price movement post-tweet revealed several key indicators. The Relative Strength Index (RSI) for LADYS on a 15-minute chart jumped from 60 to 75 within the first hour, indicating the token was entering overbought territory [Source: TradingView, January 21, 2025]. The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line at 11:00 AM UTC, suggesting continued upward momentum [Source: TradingView, January 21, 2025]. The trading volume for LADYS on the LADYS/USDT pair on OKEx increased from 30 million to 120 million tokens by 1:30 PM UTC, further confirming the bullish trend [Source: OKEx, January 21, 2025]. The Bollinger Bands widened significantly, with the upper band moving from $0.60 to $0.75, reflecting increased volatility [Source: TradingView, January 21, 2025]. These technical indicators, combined with the volume data, suggest a strong bullish sentiment for LADYS in the immediate aftermath of Buterin's tweet.
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@VitalikButerinVitalik Buterin is co-founder of Ethereum