Ethereum-Based ASTEROID Surges Nearly 43% in 24 Hours, Reaching a Market Cap of $180 million

BlockBeats News, May 5th, according to GMGN data, on-chain ASTEROID has surged nearly 43% in the past 24 hours, with a market cap reaching $180 million and a 24-hour trading volume of $23.4 million.

Reportedly, the narrative of the Meme coin ASTEROID originated from a 15-year-old girl, Liv Perrotto. Her biggest wish before her passing was to meet Musk and she was involved in designing a Shiba Inu-shaped plush toy named "Asteroid." After the girl's death, her mother publicly wrote to Musk and the story was amplified on the show by renowned media personality Glenn Beck. On April 19th, Musk agreed for Asteroid to become the mascot of SpaceX.

BlockBeats reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and speculative concepts, lacking actual value or use cases. Investors should be cautious of the risks involved.