BlockBeats News, May 16, according to GMGN data, on the Ethereum blockchain, ASTEROID surged over 16% in the past 24 hours, with a market capitalization reaching $139 million and a 24-hour trading volume of $14 million.

It is reported that the narrative of the meme coin ASTEROID originated from a 15-year-old girl, Liv Perrotto. Her biggest wish before her death was to meet Musk and she was involved in designing a Shiba Inu-shaped plush toy named "Asteroid." After the girl passed away, her mother publicly appealed to Musk and the story was further spread by the well-known media personality Glenn Beck on his show. On April 19, Musk agreed for Asteroid to become the mascot of SpaceX.

In other news, today a whale address "0x02e" spent 629 ETH (about $1.4 million) to purchase 4.2 billion ASTEROID at a price of $0.0003329 per token.