I just read a pretty fascinating story about Remilia Corporation and its founder that made me think.

So, Charlotte Fang – a name definitely known in the NFT world – has built something impressive with her team. The story begins in August 2021 when Milady Maker launched. A limited series of 10,000 cartoon artworks on Ethereum, hosted on a simple Minecraft server. Sounds crazy, but it worked. The collection sold out quickly, and by April 2022, the floor price climbed to 1.55 ETH.

Then came the scandal. In May 2022, Charlotte Fang was linked to racist and homophobic comments on an old X account. The floor price plummeted. Fang later apologized and explained that the account was only for performance art, but the damage was done. The community was poisoned.

But here’s where it gets interesting: In May 2023, Elon Musk tweeted about the Milady meme, and suddenly everything went back up. The floor price even surpassed the original highs. Milady Maker became the third most expensive 10,000 NFT collection.

Now Charlotte Fang and her team have launched the next big thing – the meme coin $CULT. It was launched with an FDV of over $845 million. A total of 10 billion tokens, with the team holding more than half as a “cult fund.” Milady Maker holders received an exclusive airdrop.

Interestingly, the dynamics at $CULT have changed significantly. The current data show a massive decline – the price has practically fallen to zero, and the fully diluted valuation is now only $4.47 million. That’s a huge difference from the original expectations.

Despite all the controversies and scandals, Milady Maker remains one of the most traded NFT collections with a floor price of 4.90 ETH. Charlotte Fang has managed to keep the community together – whether that’s a sign of true loyalty or just cult mentality is up for debate.

The whole thing shows how volatile and emotional the NFT market can be. A tweet from Elon can change everything, and a new project can collapse just as quickly as it started. Remilia Corporation and Charlotte Fang are definitely players to watch – for better or worse.