SpaceX Mascot Meme Coin Fails to Rally Alongside IPO Hype, ASTEROID Plunges 24% Intraday

BlockBeats News, June 12, according to GMGN monitoring, as the SpaceX IPO approaches, the on-chain Meme coin named after its official mascot "Space Dog" ASTEROID has not seen a surge in funding, but has recently experienced a decline.

Among them, the Ethereum-based ASTEROID remains the highest market cap version, with a current market cap of about $38.14 million, a 24% decrease in the past 24 hours, with a trading volume of about $3 million;

The Solana-based ASTEROID is currently valued at $8.1 million, with a 24-hour trading volume of about $320,000.

BlockBeats reminds users that Meme coins are highly volatile, heavily reliant on market sentiment and hype, without actual value or use case. Investors should be cautious of the risks involved.