Ethereum-based ASTEROID Surges Nearly 30% in 24 Hours, Market Cap Reaches $164 million

BlockBeats News, May 1st, according to GMGN data, the Ethereum-based Meme coin ASTEROID surged nearly 30% in the past 24 hours, with a market cap reaching $164 million and a 24-hour trading volume of $12 million.

It is reported that the narrative of the Meme coin ASTEROID originated from a 15-year-old girl, Liv Perrotto. Her biggest wish before her death was to meet Musk and she participated in designing a Shiba Inu-shaped doll named "Asteroid." After the girl passed away, her mother publicly appealed to Musk and was amplified by the well-known media figure Glenn Beck on his show. On April 19th, Musk agreed to have Asteroid become the mascot of SpaceX.

BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and hype, with no real value or use case. Investors should be aware of the risks.