An anonymous investor turned a $575 investment in ASTEROID tokens into $1.17 million in just five days, following a viral social media interaction involving Elon Musk. The investor purchased 2.79 billion ASTEROID tokens on April 17 and sold them for 503 ETH, capitalizing on a surge in interest after Musk acknowledged a request to make ASTEROID the official SpaceX mascot.
ASTEROID, an Ethereum-based memecoin themed after a Shiba Inu drawing by the late Liv Perrotto, saw its market cap skyrocket from $50,000 to over $100 million within days. The token's price increased by 20.69% in the last 24 hours, trading at $0.0004435 with a market cap of $186.5 million. Despite the hype, ASTEROID has no formal endorsement from SpaceX or Musk beyond the social media interaction.
ASTEROID Token Soars Over 2,000x After Elon Musk's Social Media Nod
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