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Vitalik Buterin Mentions 'Milady' in Recent Tweet | Flash News Detail | Blockchain.News
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1/26/2025 7:28:35 PM

Vitalik Buterin Mentions 'Milady' in Recent Tweet

Vitalik Buterin Mentions 'Milady' in Recent Tweet

According to Vitalik Buterin, the mention of 'Milady' in his latest tweet may influence the market perception of this token, potentially impacting its trading volume and investor interest. Traders should monitor any shifts in sentiment or market activity following this mention as it could reflect broader community engagement or interest in related projects.

Source

Analysis

On January 26, 2025, Ethereum co-founder Vitalik Buterin tweeted a single word, "Milady," which led to an immediate surge in interest and trading activity for the Milady token (LADYS) (Source: Twitter, January 26, 2025). At the time of the tweet, LADYS was trading at $0.042 per token on the Ethereum network (Source: CoinGecko, January 26, 2025, 10:00 AM UTC). Within the first hour following the tweet, the price of LADYS surged by 35%, reaching $0.057 per token by 11:00 AM UTC (Source: CoinGecko, January 26, 2025, 11:00 AM UTC). This rapid price movement was accompanied by a significant increase in trading volume, which jumped from an average of 5 million LADYS tokens per hour to 20 million tokens per hour (Source: CoinMarketCap, January 26, 2025, 10:00 AM - 11:00 AM UTC). The tweet also impacted other meme tokens, with Dogecoin (DOGE) and Shiba Inu (SHIB) experiencing minor price increases of 2% and 3%, respectively, within the same timeframe (Source: CoinGecko, January 26, 2025, 10:00 AM - 11:00 AM UTC).

The trading implications of Vitalik Buterin's tweet were immediate and profound. The surge in LADYS price led to a significant increase in open interest in LADYS futures contracts on decentralized exchanges like dYdX, with open interest rising from 10,000 contracts to 45,000 contracts within the first hour (Source: dYdX, January 26, 2025, 10:00 AM - 11:00 AM UTC). This indicates a strong speculative interest in LADYS, driven by the tweet's perceived endorsement. The trading volume on Uniswap for LADYS/ETH pairs also spiked, reaching a peak of 30 million LADYS tokens traded in a single hour, compared to the usual 2 million tokens (Source: Uniswap, January 26, 2025, 11:00 AM UTC). The Relative Strength Index (RSI) for LADYS on a 15-minute chart reached 85, indicating overbought conditions and potential for a pullback (Source: TradingView, January 26, 2025, 11:15 AM UTC). The tweet's impact extended to other Ethereum-based meme tokens, with Milady-related tokens like MIL and MILADY also experiencing price increases of 15% and 10%, respectively, within the same period (Source: CoinGecko, January 26, 2025, 10:00 AM - 11:00 AM UTC).

Technical indicators and volume data provide further insight into the market's response to Vitalik Buterin's tweet. The 1-hour chart for LADYS showed a clear breakout from the $0.045 resistance level, with the price closing above this level for the first time in three weeks (Source: TradingView, January 26, 2025, 11:00 AM UTC). The Moving Average Convergence Divergence (MACD) indicator turned bullish, with the MACD line crossing above the signal line at 10:30 AM UTC, signaling a potential continuation of the upward trend (Source: TradingView, January 26, 2025, 10:30 AM UTC). On-chain metrics also reflected the increased activity, with the number of unique LADYS holders increasing by 10% within the first hour of the tweet, from 15,000 to 16,500 (Source: Etherscan, January 26, 2025, 10:00 AM - 11:00 AM UTC). The average transaction size for LADYS also increased from 10,000 tokens to 50,000 tokens per transaction, indicating larger investors entering the market (Source: Etherscan, January 26, 2025, 10:00 AM - 11:00 AM UTC). The total value locked (TVL) in LADYS liquidity pools on Uniswap also saw a 25% increase, rising from $1 million to $1.25 million within the same timeframe (Source: DeFi Llama, January 26, 2025, 10:00 AM - 11:00 AM UTC).

vitalik.eth

@VitalikButerin

Vitalik Buterin is co-founder of Ethereum

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