Ethereum Meme Coin ASTEROID Falls 25.56% in Six Hours
Odaily said ASTEROID’s market capitalization briefly dropped below $16 million before recovering to $16.67 million, highlighting the sharp volatility often seen in meme coin trading.
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Terms & Concepts
Meme coin: A cryptocurrency driven largely by internet culture, community attention, and speculative trading rather than clear utility.
Market capitalization: The total value of a token’s circulating supply, calculated by multiplying its price by the number of tokens in circulation.
Ethereum: A blockchain network that supports tokens and smart contracts (self-executing blockchain code).