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Elon Musk's Tweet Sparks Spike in Controversial Milady NFT Collection Trading Volume

The Milady non-fungible token (NFT) collection experienced a surge in prices after receiving recognition from Elon Musk, the owner of Twitter. Miladys are a profile-pic (PFP) NFT featuring childlike faces, but the collection has faced controversy due to the creator's controversial behavior.

Musk's tweet featuring a Milady NFT caused prices to increase by up to 60%, with the collection trending on NFT marketplace OpenSea. However, similar to Musk's impact on other tokens, the Milady NFTs could experience a short-lived spike followed by a sell-off.

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