Meme Coin News: DWF Labs Invests $5M in LADYS, PEPE the Most Profitable Coin in May
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While the crypto market overall has seen a slight increase over the past 24 hours, the meme coin market is seeing quite a mixed picture.
The meme coin market capitalization is down 0.1%, standing at $66.6 billion.
Among the green coins, GME continues to be the best-performing meme coin. It’s up 226% in a day, now trading at $0.01289.
HABIBI is the second-best performer, having risen 81.3% to $0.04063.
When it comes to the red coins, Shark Cat (SC) is down 19% to $0.08685.
FOXY, BOB, and GIGA have all dropped around 17%.
Notably, only two among the top 10 meme coins per market cap are down today.
TURBO fell 6.6% to $0.00661, while Memecoin (MEME) is down less than 1% to $0.02956.
At the same time, Floki Inu (FLOKI) is the day’s best performer. It’s up 7.6%, now trading at $0.00027.
Milady Meme Coin (LADYS) is the second-best performer, with a 6% rise to $0.0000002283.
Other coins have done well as well, most of them rising above 1%.
Milady Meme Coin (LADYS) has announced a $5 million investment from DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm.
Per the DWF Labs, the LADYS team will “unlock more opportunities for development, collaboration, and community engagement.”
According to the press release, this collaboration will “unlock new avenues for development, collaboration, and community engagement within the LADYS and meme ecosystem.”
We are proud to announce our investment in @miladymemecoin
Read more on cryptonews.com
