Elon Musk Agrees to Asteroid Becoming SpaceX Mascot, Meme Coin ASTEROID's Market Cap Briefly Surpasses $160 Million

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On April 19, Elon Musk agreed to make Asteroid the official mascot of SpaceX. In response to this news, per GMGN market data (via the link https://t.me/gmgnaibot?start=i_m4TE56o8), the Ethereum-based meme coin ASTEROID—slated to launch in September 2024—briefly hit a market cap of over $160 million. It currently sits at $116 million, with a 24-hour price surge of 519% and 24-hour trading volume of $77.4 million. As previously reported by BlockBeats, 15-year-old cancer patient Liv Perrotto (who passed away) had her biggest wish to meet Musk and compiled a list of questions for him. She also helped design a zero-gravity indicator toy called “Asteroid,” which features a Shiba Inu. Her mother later publicly wrote to Musk, asking him to honor Liv’s wish by making Asteroid SpaceX’s official mascot. Musk had previously responded that he would “reply soon.” BlockBeats notes that meme coin trading is highly volatile, driven primarily by market sentiment and hype, with no underlying value or practical use case. Investors should be aware of the risks.

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