KuCoin makes waves with official listing of Milady meme coin (LADYS)

The meme coin frenzy shows no signs of slowing down, with significant exchanges rallying behind these unpredictable assets. In the latest captivating twist within the meme coin community, the KuCoin exchange has made waves by officially listing Milady Meme Coin (LADYS).

Timeline of Milady-meme-coin, Waves

The meme coin hype is far from dying down as more major exchanges continue to lend their support to these volatile asset classes. In the latest move in the meme coin community, KuCoin exchange announced it has listed Milady Meme Coin (LADYS), joining the host of trading platforms that have shown support to the major PEPE rival in the past few weeks.

DWF Labs, a global digital asset market maker and investment firm, is buying more LADYS, on-chain data on May 17 shows. DWF Labs Buying LADYS Trackers indicate that the market maker bought 1.9 trillion LADYS for 108 ETH worth roughly $196,000 at the time of the purchase.

"Smart Wallet" tracker @lookonchain has published an update on its recent tweet about the list of "suspicious wallets" that have been buying and selling massive amounts of LADYS meme coin.

Milady meme coin (LADYS) has witnessed a massive price jump resulting in potential profits in the millions for its top 10 whales. What Happened: According to on-chain data analyzed by Lookonchain on Monday, these whales hold over 176 trillion LAYDS coins, amounting to roughly 20% of its total supply.

The crypto industry is evolving rapidly due to the constant emergence of new trends. Having said that, it is essential to stay current with the latest market movements in order to stay informed and make data-driven decisions.

Milady Meme Coin (LADYS) experienced a major price drop of over 31% earlier today. The tracker of "Smart Money" wallets @lookonchain has noticed a correlation between this price plunge and movements of large LADYS amounts by addresses from the list of "suspicious wallets.

There may be trouble looming for the Milady Meme Coin (LADYS) ecosystem as one of the largest holders of the digital currency is making what is suspected to be a move to a sell-off. According to data from Lookonchain, DWF Labs, a start-up that has been identified severally as a major meme coin whale, has sent 100,000 LADYS tokens worth approximately 1 cent to an OKX deposit address.

The top 10 holders of the LADYS token (excluding exchanges and contract addresses) possess an astounding 180 trillion LADYS, which equates to 20.3% of the total supply. Of these, the three largest holders have recently been added to the blacklist.

Elon Musk, the CEO of SpaceX and Tesla, has stirred up the cryptocurrency world with his latest tweet about a new meme coin called Milady. Musk posted the tweet on May 12, featuring an image of a medieval knight kneeling before a woman and the caption Milady.

Elon Musk's tweet caused the Milady NFT collection to be the most traded NFT collection in the past few days. But as the hype dies down, it remains to be seen how the project will fare in the coming days.