BlockBeats News, April 20th, according to GMGN monitoring, the Ethereum-based Meme coin ASTEROID surged 16% within 1 hour, with a market cap rising above $150 million, currently standing at $158 million, with a price of $0.000375 and a 24-hour trading volume of $49.6 million.

It is reported that the narrative of the Meme coin ASTEROID originated from a 15-year-old girl, Liv Perrotto. Her biggest wish during her lifetime was to meet Musk and she was involved in designing a Shiba Inu-shaped plushie named "Asteroid." After the girl passed away, her mother publicly wrote to Musk, and the story was further spread by the prominent media figure Glenn Beck during his show. On April 19th, Musk agreed for Asteroid to become the mascot of SpaceX.

BlockBeats reminds users that Meme coin trading is highly volatile, often driven by market sentiment and hype, with no real value or use case. Investors should be aware of the risks involved.