NoMeme ($NOMEME) Token was released soon after Elon Musk tweeted a Milady NFT image, and its price shot up by 700% in its first hr and a half of existence.
The new coin is currently trading at $0.0003025 on the decentralized exchange Uniswap and has already generated a $30 million trading volume.
$NOMEME holds an excellent liquidity of $1.7 million, and analysts have started talking about its potential of 100 times returns on investment.
In Musk’s tweet, the NFT image overlays with the caption:
The phrase “There is no meme – I love you” It was a typically cryptic reply from Musk, or perhaps not cryptic at all.
— Elon Musk (@elonmusk) May 10, 2023
Probably Musk simply likes the collection.
It is a typical mysterious tweet that fits the Milady NFT collection because mystery surrounds it. The meanings behind the NFT are still unknown, however, it is believed that the collection is the creation of the New York-based Remilia art collective.
The price of Milady NFT has skyrocketed in response to a tweet by Elon Musk, which may not come as much of a surprise.
The Milady Maker floor price is a stunning $10,575, which converts to 5.7134 ETH at the time of writing. On the leading NFT marketplace Opensea, the value of the Milady Maker collection has risen by 54%.
With $NONAME at the forefront, has Elon Musk created a new coin category?
Elon Musk is famous for his role in pumping up the price of meme coins Dogecoin and Shiba Inu, thus quick-thinking crypto developers and teams are demonstrating outstanding agility in quickly taking advantage.
It is unidentified who is behind $NOMEME; however, it was launched around 19:00 UTC, which is three hours after Musk made his tweet.
Those in the know who keep eye on the hottest trends in the cryptocurrency market will have acted quickly to take advantage of this opportunity for gains that could result in astronomical returns for token owners.
On Dexscreener, NoMeme is the top trending topic:
NOMEME has been trending at No.1 on prominent exchange Crypto.com:
An hour into the start of trading, $NOMEME raced up to kill a zero, passing through $0.0010. Since then, the price has reversed, giving brand-new investors the ideal entry moment.
Expect early price action to see the coin’s price dramatically increase over the next several hours as word of its existence spreads.
Due to Elon Musk’s influence, the “NoMeme” news and buying interest in $NOMEME spread like wildfire over the internet. His Milady tweet has already received 141,500 likes and 15.6 million views.
It appears that the coin’s creators made it quite easy to purchase the token. You can simply make your purchase by going to the nomeme.io website and connecting your wallet to the Uniswap widget.
Ethereum gas fees are currently at $20, which is acceptable by current standards, as opposed to the $90 or more observed last week.
Get ready for 100x price increases as $NOMEME waits.
Cancel culture’s kryptonite wipe out the Pepe and $SPONGE meme coin new wave, or will Milady-branded coins and No Meme skits serve as the foundation for a brand-new breed of coins? Probably not.
Whatever the short-term prospects for meme coins, $NOMEME is already acting as a new magnet for speculative capital entering the cryptocurrency market.
In fact, $NOMEME might be the anti-hero meme coin that overtakes all others as the most popular meme coin.
Additionally, it is not the only player in town. Another token inspired by Musk, Milady Meme Coin, has increased dramatically by 5,400% to $0.00000007964.
Discussion about this post