What is Milady Meme Coin? Milady’s Rise in the Crypto Community

Milady, a 2022 meme token, combines elegance with defi magic—get yours!

3 Nov 2023 | 6 min read

Table of Contents

Introduction

In recent years, meme coins have witnessed a surge in popularity among the crypto community, capitalizing on the widespread usage of internet memes and the influence of the meme culture. These digital assets offer investors the opportunity to purchase and exchange ownership stakes in their beloved memes.

A rising star in this arena is Milady, a new meme coin that is creating curiosity and is rapidly attracting attention. Let’s delve into a detailed exploration of what Milady represents and its potential within the meme coin ecosystem.

What is Milady Memecoin?

Milady is a decentralized meme token built on the Binance Smart Chain that launched in 2022. It is inspired by the “Milady” internet meme – images of beautiful women used to convey grace, elegance and attractiveness.

The project is community-driven with a total fixed supply of 1 billion tokens. 10% of the total supply was burned at launch to drive up scarcity. Milady employs tokenomics of a 10% tax on transactions – 5% redistributed to holders as rewards and 5% allocated to the liquidity pool. This encourages holding the token long-term.

Love is eternal. Love is unstoppable.$LADYS is nothing but the memetic vehicle where the infinite power of love converges with the boundless potential of tokenisation.

Thank you to all our exchange partners who have listed $LADY today. pic.twitter.com/CE8qudznN1

— Milady (@miladymemecoin) May 11, 2023

How does Milady Memecoin Work?

LADYS utilizes blockchain technology to guarantee the transparency and security of every transaction. This technology, fundamental to the majority of crypto, is a decentralized ledger that registers all transactions across a network of computers.

Despite LADYS harnessing sophisticated technology, its core concept maintains a playful and humorous character, resulting in a distinctive fusion of comedy and finance.

Milady operates on the Binance Smart Chain blockchain. It can be purchased on decentralized exchanges like PancakeSwap and Gate.io using BNB or ETH. Wallets like TrustWallet, MetaMask, and Coinbase Wallet can store Milady coins.

Tokenomics for Milady

Aspect	LADYS Tokenomics
Total Supply	888,000,888,000,888 tokens
Distribution	Liquidity pool: 94% (for transaction stability) Liquidity pool tokens burned, and the contract renounced Airdropped 1% to Milady NFT and $PEPE token holders 5% reserved in a multi-signature wallet
Purpose of 5% Reserve	For future centralized exchange listings, bridges, and liquidity pools
Rationale	Ensures a balanced ecosystem, promoting growth and stability

Token Economy of Milady

Total Supply	1,000,000,000
Initial Burn	100,000,000 (10%)
Current Circulation	900,000,000

In the crypto city where the $LADYS gleams so pretty. 🌃✨ pic.twitter.com/8hXH9HROgQ

— Milady (@miladymemecoin) October 25, 2023

Use Cases of Milady Memecoin

Milady aims to build an ecosystem of entertaining products and services centered around the meme culture:

NFT Marketplace – For trading viral meme NFT collectibles and art
Mobile Games – Fun casual games with Milady integrated
Community engagement- Exchange among the members of the community for certain agreed-upon services and so on.

What is the Future of Milady Memecoin?

The Milady Meme Coin team, despite lacking a formal roadmap, has outlined three development phases for LADYS with hopes of achieving specific milestones over time.

Phase 1: The initial phase aims to boost LADYS’ visibility by trending on Twitter and securing listings on both CoinGecko and CoinMarketCap.
Phase 2: In the second phase, the focus is on forming community partnerships and getting LADYS listed on centralized exchanges, with the objective of reaching 10,000 token holders.
Phase 3: The final phase sets an ambitious goal of dominating the internet by establishing LADYS as the premier token for internet spirituality. This phase also involves listing LADYS on tier-one centralized exchanges and targeting over 100,000 token holders.

Advantages & Disadvantages

Advantages	Disadvantages
Community support: LADYS is a memecoin that is growing with strong community support. This can increase the popularity and usage of the coin.	Lack of financial value: LADYS is a memecoin that does not have any financial value or return expectations. This can be a risk for investors.
Entertainment factor: LADYS is designed as a memecoin for entertainment purposes. This can increase the popularity of the coin and appeal to a wide user base.	Uncertain roadmap: LADYS does not have an official team. This means that the long-term development of the coin is uncertain.

How to Buy Milady Meme Coin?

To get a hold of LADYS for your crypto wallet, follow the below-mentioned steps.

Create an account on DEXs like PancakeSwap with BNB or Gate.io with ETH.
Fund your account with the appropriate crypto tokens like (USDT) or traditional fiat currencies such as Dollar, GBP, or EURO.
Locate the trading pair LADYS/USDT and execute a purchase order.
Allow your transaction to finalize, and securely store your acquired Milady Meme Coins (LADYS) in your digital wallet.

Read On: Top Memecoins in 2023

Price of Milady Meme Coin in the Future

Following a similar trajectory from Dogecoin, the new memecoin in the crypto space, LADYS, has also shown a significant rise in value after a tweet from Tesla CEO Elon Musk. Milady’s price, similar to any asset, has been facing a volatile market. So is the broader crypto market.

It reached an all-time high of $0.00000037 in March 2022 before declining and surging by about 5,250% within 24 hours in May 2023, to trade at $0.0000001528 before starting to decline again and standing at $0.00000003941 at the time of writing.

If the project continues to expand its ecosystem and gain adoption, the token could potentially reach $0.000001 in the long-term.

LADYS vs Floki vs Pepe

Milady is a smaller meme coin compared to more established projects like Floki and Pepe Coin, which have reached higher market caps. It will need to differentiate itself and continue executing its roadmap to gain more traction. Its focus on building a comprehensive ecosystem beyond just a meme token provides an advantage if implemented effectively.

Conclusion

Milady presents an interesting new meme coin with plans to create an entire ecosystem around the viral meme. With the surging interest in meme culture-themed crypto, Milady has the potential to capitalize on this market if it can build awareness and adoption. However, the space is highly risky and competitive. Thorough research and deep diving into the project and its applications are advised before investing in Milady or any other meme coins.