A dealer offered 7.43 billion Asteroid Shiba (ASTEROID) tokens for $405 simply in the future earlier than the meme coin rallied over 920%, turning that very same place right into a $2.6 million windfall.
On-chain information from Lookonchain revealed that pockets 0x5811 had purchased the tokens 80 days earlier for $542. The sale locked in a $137 loss, erasing what would have been a life-changing acquire.
What Triggered the Asteroid Shiba Rally
The rally started after Elon Musk replied to eight questions left behind by Liv Perrotto, a 15-year-old who died in January after a five-year battle with most cancers.
Perrotto had designed a luxurious Shiba Inu named Asteroid because the zero-gravity indicator for SpaceX’s Polaris Daybreak mission in September 2024.
For her ultimate query, she requested Musk to make Asteroid the official SpaceX mascot. He agreed.
The Asteroid Shiba value is up by virtually 920%, and practically 68,000% within the final week.
Her mom, Rebecca Perrotto, responded on X, thanking him for preserving her daughter’s reminiscence alive.
“You didn’t simply honor a younger lady’s dream, you’re preserving her spirit alive. Liv’s love, her laughter, her unbreakable battle lives on by Asteroid,” she wrote.
Winners, Losers, and Threat
Whereas pockets 0x5811 missed hundreds of thousands, one other dealer turned roughly $1,800 in ETH into practically $500,000 inside hours of Musk’s submit.
Nonetheless, Musk’s means to maneuver meme cash has proven indicators of fading. Earlier Musk-linked rallies in tokens like GORK and KEKIUS have been short-lived.
Musk himself has beforehand in contrast meme cash to playing. ASTEROID has no product, roadmap, or group behind it. The token carries vital danger for anybody shopping for after the preliminary transfer.
“For those who count on to win at meme cash, you’re being silly. You’re not going to win with meme cash. Don’t sink your life financial savings right into a meme coin,” he mentioned in an interview with The Joe Rogan Expertise podcast.
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