Milady Meme Coin Listed on KuCoin, Bears Still Holding Positions

Milady Meme Coin which surged above a hundred per cent after Musk's tweet, is now facing a strong bear grip for the past week. The meme coin craze is far from over, as more major exchanges continue to embrace these volatile asset classes. 

Investors' attention has been entirely pulled to the most recent memecoins, such as PEPE, PAPA, Spong, and Milady MemeCoin, producing a major market buzz. Following suit, crypto exchanges are now gearing up to support these memecoins. In accordance with this, the Kucoin exchange just announced the wonderful news of listing LADYS.

Will this new listing on the world's biggest crypto exchanges make any changes in Milady meme coin's price? Let's see.

KuCoin Lists Milady Meme Coin

While the KuCoin listing is not a vote of confidence by the trading platform to purchase the currency, it does demonstrate how much these meme currencies are welcomed and sought by the community. According to a KuCoin update, only the LADYS/USDT trading pair will be accessible on its platform for the time being, with trading slated to begin at 10:00 a.m. UTC today.

LADYS Token's inclusion on KuCoin is an important milestone for the project, offering increased accessibility and exposure to a bigger audience of cryptocurrency traders. KuCoin noted for its strong security features, user-friendly interface, and wide selection of trading pairings, has quickly become a favourite among cryptocurrency fans.

Milady has swiftly evolved and made major achievements in the cryptocurrency space since Tesla CEO Elon Musk referenced the joke coin in a tweet.

Another cryptocurrency exchange, Crypto.com, has incorporated Milady into its mobile app, increasing its accessibility and appeal. As a result, Milady's visibility and influence are growing, cementing its position as an emergent power in the cryptocurrency industry.

Milady Meme Coin Price Analysis

Milady Meme Coin (LADYS) is currently trading at $0.000000052723 with a 24-hour market volume of $28,663,317. This indicates a -24.66% drop in the previous 24 hours and a -62.08% drop in the last 7 days. Milady Meme Coin has a market valuation of $47,462,557 with a circulating supply of 890 Trillion LADYS.

With additional whale activities being highlighted by data insights using the LADYS token, there is clear evidence that further sell-offs have occurred around the meme currency. The price activity of the digital currency at the time of writing reflects this bearish momentum.

The token has to be sustained for more than a year for analysts to analyse the Milady meme coin better. As of now, nothing could be concluded where the price will go. The token is purely sentiment and socially driven which makes technical analysis futile.

Conclusion

To summarise, the Milady meme coin is currently mostly driven by FOMO, since Musk's Tweet creates a FUD bubble. Prices will most likely fall as soon as the buzz dies down. Before investing in any digital asset, do your homework.