The Ethereum-based meme token later traded around a $72.78 million market cap after SpaceX listed a $35 Asteroid plush toy for preorder, linking the rally to renewed mascot-related attention.
ASTEROID, an Ethereum-based meme token, extended a volatile rebound after earlier briefly topping an $85 million market capitalization, later trading at $72.78 million with $24.4 million in 24-hour volume, according to GMGN data on June 19. The latest move came after SpaceX listed a $35 Asteroid plush toy for preorder, reviving attention around the project after Elon Musk agreed on April 19 for Asteroid to become a SpaceX mascot following a campaign tied to 15-year-old Liv Perrotto. The price action underscores how meme-token trading can be driven by sentiment, branding and sudden bursts of liquidity, often producing sharp reversals over short periods.