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- An Ethereum trader turned one ETH coin, or the equivalent of about $2,500 USD, into nearly $500,000 USD after trading the cryptocurrency on Thursday.
- The value of the 19-month-old ATEROID token has soared after attracting interest via social media engagement from Elon Musk.
- ATEROID stock is up more than 71,000% in the last 24 hours of trading.
Become a meme coin trader 1 Ethereum (ETH) or roughly $2,455 to nearly $500,000 on Thursday after the asteroid meme coin (ASTEROID) traded higher on the Ethereum network.
Asteroid’s price has risen more than 71,000% in the past 24 hours, jumping from a market cap of less than $100,000 to nearly $19 million at the time of writing. According to DEXScreener data.
The token, which is based on a Shiba Inu mascot named Asteroid, rose early Friday after a social media post from media personality Glenn Beck, which garnered a response from X owner and founder of SpaceX and Tesla, Elon Musk.
Beck The post highlighted the story of Lev Perutoa teenage girl who said she kept a list of questions for Musk, but died of cancer in January without having the chance to answer them.
Her final question was to ask Musk if the asteroid, The Shiba Inu mascot I created To serve as the zero-gravity indicator for SpaceX’s Polaris Dawn mission in 2024, he could become the face of SpaceX.
“I’ll answer soon,” Musk said in response to Beck’s post around 11:50 PM ET on Thursday. The post has now received over 1.3 million views on X.
After eight minutes, your Ethereum address will end with “EF99af “bought 1 ETH worth of ASTEROID tokens, which were first launched 19 months ago on Ethereum. The purchase was good enough for over 10 billion ASTEROID tokens.
With renewed interest around Perrotto and Asteroid with Musk’s response, a massive rally in the meme ensued, bringing the value of the trader’s portfolio to nearly $500,000.
“at this time”“EF99af” is the top trader on the token according to DEXScreener’s Top Traders tab, having generated over $242,000 in profits from sales while maintaining an inventory of approximately $180,000 worth of ASTEROID tokens.
Two other traders, “6E5Eae” and “9dE8db,” purchased less than $10,000 worth of ATEROID tokens, and similarly made gains of more than $150,000 through sales.
The token generated more than $43 million in 24-hour trading volume, making it the second most traded meme on the blockchain in the past 24 hours according to DEXScreener.
Asteroid icon is running Solana It follows closely behind, with its tomes having grossed more than $37 million during the same period.
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