Meme coin ASTEROID surges 16% in a short period, with market capitalization rebounding above 150 million USD

BlockBeats News, April 20, according to reports, the Meme coin ASTEROID on the Ethereum chain rose 16% within one hour, with its market cap bouncing back above $150 million, currently reported at $158 million. The current price is $0.000375, and its 24-hour trading volume has reached $49.6 million.

Reportedly, the narrative behind the Meme coin ASTEROID originates from a 15-year-old girl, Liv Perrotto. Her biggest wish during her lifetime was to meet Musk, and she participated in designing a Shiba Inu plush toy named "Asteroid." After the girl passed away, her mother published an open letter to Musk, and the story was reviewed and shared by well-known media personality Glenn Beck on his program. On April 19, Musk agreed to make Asteroid the official mascot of SpaceX.

BlockBeats reminds users that Meme coin trading is highly volatile, largely driven by market sentiment and concept speculation, and generally lacks real value or utility. Investors should be mindful of the risks involved.