A mysterious cryptocurrency whale has made a large purchase of LADYS tokens, a meme coin inspired by the Milady NFT collection, after a year of inactivity.
According to data from Etherscan, the whale has withdrawn 375,000 USDT from Binance and purchased 3.26 trillion LADYS tokens in the past five hours. The average purchase price was 0.0000001151 USD per LADYS token.
At the time of this writing, it has a market capitalization of approximately $80 million and has lost around 30% in the last 24 hours. However, it is known that this token was released after Elon Musk's Milady meme sharing and does not provide any real value.
In the recent meme token craze, many new tokens have emerged after PEPE, including cryptocurrencies with numerous scams and pump-dump schemes.
It should be noted that meme tokens are highly volatile and risky investments that can lead to significant losses.
*Not investment advice.