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ASTEROID Meme Coin Briefly Tops $4 Million After Polaris Dawn Proposal

ASTEROID Meme Coin Briefly Tops $4 Million After Polaris Dawn Proposal

Reports say ASTEROID’s surge followed Elon Musk’s brief reply to a post about Liv Perrotto’s Asteroid Shiba wish, while later price action showed how quickly sentiment-driven meme coin gains can reverse.

ETH

Fact Check
The available evidence is inadequate to confirm the claim. The Odaily links did not yield accessible article content in this run, and media tracing showed they all resolve to the same GMGN Telegram bot link rather than a durable primary source. The supplied X URL also could not be fetched for content. Claim-oriented web and X searches did not produce relevant corroborating results. Because the core assertions — that ASTEROID briefly topped $4 million and later surged to a $10.32 million market cap due to Polaris Dawn narrative attention and Elon Musk’s reply — are not supported by accessible, authoritative, and content-bearing sources in this run, the correct assessment is insufficient evidence.
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Summary

ASTEROID, a meme coin linked in recent reports to the Asteroid Shiba story inspired by Liv Perrotto, saw another wave of attention after Elon Musk replied, “Will answer shortly,” to a post about making Asteroid a SpaceX mascot. The new report says the token’s market cap jumped from about $50,000 to more than $20 million within hours, with Arkham citing rapid trader activity and CoinGecko showing a gain of more than 68,000% over seven days. The same report says one trader turned a single ETH into more than $470,000, while another long-term holder turned about $21,000 into nearly $392,000 after holding for 580 days. It also states that ASTEROID had no product, roadmap, or corporate backing, and that its price later fell 40% in 24 hours even after the weekly spike. This update adds narrative context around the token’s rally, but major discrepancies remain across recent reports over ASTEROID’s blockchain, Musk’s exact level of involvement, and the token’s reported market-cap range.

Terms & Concepts
  • ETH: The native cryptocurrency of Ethereum, used for transactions, trading, and paying network fees on the blockchain.
  • Meme coin: A cryptocurrency largely driven by internet culture, social media attention, and speculative trading rather than established utility.
  • Market cap: The total estimated value of a token’s circulating supply, typically calculated by multiplying its price by circulating supply.