Ethereum co-founder Vitalik Buterin changed his social media profile picture to a Milady NFT, instantly sparking renewed interest in the collection, driving up trading volume and fueling speculation around its price.
Not all traders, however, managed to profit from the sudden popularity. One large investor purchased 14 tokens for 94.46 ETH (~$312,000) and sold them 30 minutes later for 69.08 ETH ($231,000), incurring a loss of $80,900.
Milady, one of the most talked-about next-generation NFT collections, faces competition on the current market from giants such as Pudgy Penguins and CryptoPunks. At the time of writing, Milady’s market cap is around $162 million, while Pudgy Penguins sits at $547.7 million and CryptoPunks at $1.2 billion.
If Milady were to reach Pudgy Penguins’ market cap, the collection’s floor price would be at least $60,000. Compared to CryptoPunks, that figure could rise to $121,500. However, these predictions carry high risks. Specialists emphasize that the NFT market is volatile and has low liquidity, making large trades both difficult and risky.
In December 2024, the Milady ecosystem added the CULT token. During its presale, the project raised $20 million, and its original token distribution mechanic involved passing an IQ test — failing it led to token burning, which turned into an internal meme. Initially, CULT’s market cap reached $500 million, but a month later fell to around $70 million.
Buterin’s unexpected focus on Milady has once again stoked interest in CULT, boosting its price by nearly 50% in the last 24 hours. Meanwhile, the token’s market cap stabilized at $314.27 million.
According to experts, Milady Maker remains one of the most controversial yet resilient projects in the NFT arena. High-profile engagement — such as from Vitalik Buterin — fuels speculation, but investors should be mindful of risks and the collection’s complex history.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.