Milady NFT Memecoin Achieves $18.6M Presale Milestone Within 2 Hours

The Solana-based Milady NFT collection has achieved a significant milestone, attracting a staggering 91,486 SOL ($18.7 million) in less than two hours since the launch of its presale. The collection, known for its anime-inspired profile picture avatars, has surged in popularity amidst the ongoing cryptocurrency bull market.

Milady NFT : An Instant Success Story

Milady’s latest venture, the Milady Wif Hat Solana memecoin, has taken the crypto world by storm. With a minimum investment requirement of just 1 SOL and a capped presale target of 88,888 SOL, the project has seen overwhelming demand, leading to the closure of the presale within hours. Investors were quick to jump on board, driving the project’s funding well beyond its initial goal.

Source: Twitter

Memecoins and the Crypto Bull Run

The meteoric rise of Milady NFT and similar projects underscores the frenzy surrounding meme coins during the current crypto bull run. Memecoins like WIF have witnessed unprecedented growth, with enthusiasts pouring in significant funds to support their favourite tokens. The recent success of Milady NFT adds another chapter to the memecoin phenomenon, further fueling investor interest in this rapidly evolving sector.

The Milady NFT project, featuring anime-inspired avatars, has quickly become a sensation within the crypto community, attracting significant investment during its presale phase.

Closure of Milady wif hat presales!

Milady Wif Hat presale has soared to its limit of 88,888 SOL and is now closed.

Any additional Solana raised will have 100% of their funds returned.

Thank you all for the incredible support! pic.twitter.com/zEzDGEVlQy

— Milady (@miladymemecoin) March 18, 2024

Led by the success of the Milady Wif Hat Solana memecoin, the project has surpassed its fundraising target in record time, signalling strong investor confidence in its potential. Meanwhile, the broader memecoin craze, exemplified by tokens like WIF, continues to captivate the market, with investors eagerly participating in the ongoing crypto bull run.

Also Read: Solana (SOL) Surges Past $200: Breaking New Grounds