Ethereum Meme Coin ASTEROID Jumps 16%, Market Cap Hits $139M

2026-05-16 15:06

ASTEROID, a meme coin on the Ethereum blockchain, surged over 16% in the past 24 hours, reaching a market capitalization of $139 million. The coin's 24-hour trading volume stood at $14 million. The narrative behind ASTEROID is linked to Liv Perrotto, a 15-year-old girl who designed a Shiba Inu plush toy named "Asteroid" and wished to meet Elon Musk. Following her passing, her story gained attention, leading Musk to adopt Asteroid as SpaceX's mascot. In recent trading activity, a whale address '0x02e' invested 629 ETH, approximately $1.4 million, to acquire 4.2 billion ASTEROID tokens at a price of $0.0003329 each. This significant purchase has contributed to the coin's recent price surge.

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