Milady Maker Rises +200% Daily NFT Sales Volume – Find Out Why

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Milady Maker, one of the most popular non-fungible token projects, has seen a sharp spike in trading sales volume, becoming the second most-selling non-fungible token collection in the NFT market. It is now exchanging hands just a few steps behind Pudgy Penguins, another popular NFT collection making waves this week. In this article, we shall explore factors fueling Milady Maker’s growth.

Milady Maker Pumps +200% In Daily NFT Sales Volume

Data compiled by cryptoslam.io, a renowned crypto market data aggregator and an on-chain non-fungible token explorer, shows that the Milady Maker has skyrocketed in its trading sales volume. In the past 24 hours, the Milady Maker NFT collection has raised a trading sales volume of $1.6 million. During this time, Milady Maker NFT trading sales volume has surged over 236% from the previous day.

Source: cryptoslam.io, Top-selling NFTs by volume In the past 24 hours

Launched in August 2021, Milady Maker is a non-fungible token collection from the digital asset firm Remilia Corporation, with Charlotte Fang as the leading designer. The Milady NFT project features a limited edition of 10,000 generative anime-style portraits of women, each with different traits and rarities. Despite its lack of concrete utility, Milady Maker has quickly become one of the most sought-after collections in the NFT market.

Milady Maker now competes with Pudgy Penguins, which has been making waves in the NFT market. In the past 24 hours, Pudgy Penguins, a non-fungible token collection featuring a fixed supply of 8,888 cartoon penguins birds hosted on the Ethereum blockchain network, has raised a trading sales volume of $3.7 million. Nonetheless, the Pudgy Penguins NFT trading sales volume has plunged by 26% from the past day.

Factors Fueling Milady Maker Growth

The recent surge in Milady Maker can be associated with the launch of the new CULT meme coin. On December 09, 2024, the creators of the popular NFT collection Milady launched the CULT meme coin on the Ethereum blockchain network. The meme coin, which has a limited edition of 10 billion tokens, quickly became popular and broke to a market capitalization of $850 million before settling near $655 million.

Source: DEXScreaner.com, Milady Maker CULT Memecoin trading activity

Based on the Remilia Tokenomics Distribution Table, over half of the total CULT supply is set aside as “Cult fund,” which will be distributed at token launch and seasonal distribution. 15% of the supply is allocated to the team with an 18-month vesting period. The Remilia project’s treasury is allocated 20% to 35% (depending on pre-sale) supply with a six-month vesting period. Milady Maker and Redacted Remilio Babies NFTs will receive an exclusive airdrop of the new CULT tokens.

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Bitcoin Hits $103K Historic High – Are NFTs Next To Explode?

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