Memecoin

DeFi

Million

Pepe (SOLANA)

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 The Milady memecoin project has secured a significant $5 million investment from DWF Labs, a renowned market maker in the crypto industry, to power its expansion and boost its reach in the sector.&nbsp;
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In a<a style="color: #0000ff;" href="https://x.com/miladymemecoin/status/1797570410890063893" rel="noopener noreferrer nofollow"> social media post</a> on Monday, June 3, 2024, the project team claimed the funding solidifies its presence in the memecoin sector and will fuel its potential expansion.
DWF Labs is a next-generation web market maker and investor and one of the largest high-frequency crypto trading firms globally. The firm trades in both spot and derivatives markets on more than 60 leading crypto exchanges.
The DWF Labs has expressed optimism about the investment and the partnership with the project. They noted their anticipation of the project’s success.
<blockquote class="pullquote align-center">
 “We are proud to announce our investment in<a style="color: #0000ff;" href="https://x.com/miladymemecoin" rel="noopener noreferrer nofollow"> @miladymemecoin</a>. We are excited to support their team to unlock more opportunities for development, collaboration, and community engagement. Looking forward to the success of<a style="color: #0000ff;" href="https://x.com/search?q=%24LADYS&amp;src=cashtag_click" rel="noopener noreferrer nofollow"> $LADYS</a> in the meme coin landscape,”&nbsp;
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the team wrote in<a style="color: #0000ff;" href="https://x.com/DWFLabs/status/1797570908279951390" rel="noopener noreferrer nofollow"> a recent social media post</a>.
<blockquote class="twitter-tweet">
 We are proud to announce our investment in <a href="https://twitter.com/miladymemecoin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@miladymemecoin</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;">
 We are excited to support their team to unlock more opportunities for development, collaboration, and community engagement.
 Looking forward to the success of <a href="https://twitter.com/search?q=%24LADYS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LADYS</a> in the meme coin landscape <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/jA3RHhs1o5" rel="noopener noreferrer nofollow">https://t.co/jA3RHhs1o5</a>
 — DWF Labs (@DWFLabs) <a href="https://twitter.com/DWFLabs/status/1797570908279951390?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 3, 2024</a>
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<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Following the public announcement, Milady’s native token, $LADYS, surged to $0.0000002593, marking a 22.14% increase from its previous day’s price, according to CoinMarketCap<a style="color: #0000ff;" href="https://coinmarketcap.com/currencies/milady-meme-coin/" rel="noopener noreferrer nofollow"> data</a>.
Currently, the token is trading at $0.0000002540, reflecting a 14.88% increase from its 24-hour trading price.
The investment from DWF Labs into Milady Memecoin reflects the growing interest and potential in the memecoin sector, which has seen notable growth this year. As of March 2024, the memecoin market had a market cap of $60.93 billion, contributing approximately 2.32% of the overall crypto market capitalization.
Pepe Memecoin, in particular, has seen substantial interest from investors. On May 6, 2024, a<a style="color: #0000ff;" href="https://defi-planet.com/2024/05/pepes-price-surges-as-anonymous-crypto-whale-bought-1-26-million-worth-of-the-memecoin/" rel="noopener noreferrer nofollow"> crypto whale purchased 142.96 billion PEPE coins worth $1.26 million</a>, causing the coin’s price to surge.
<a style="color: #0000ff;" href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow">According to CoinMarketCap</a>, $PEPE currently has a market cap of $6.45 billion and is trading at $0.00001531, a 2.28% increase from the previous day’s price.
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The post <a href="https://defi-planet.com/2024/06/milady-memecoin-project-secures-5-million-investment-from-dwf-labs/" rel="noopener noreferrer nofollow">Milady Memecoin Project Secures $5 Million Investment from DWF Labs</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Milady Memecoin Project Secures $5 Million Investment from DWF Labs

DeFi Planet

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