Crypto Trader Turns $2,500 Into $500K on Skyrocketing Ethereum Meme Coin

A meme coin trader turned 1 Ethereum (ETH) oregon astir $2,455 into astir $500,000 connected Thursday aft trading the surging Asteroid (ASTEROID) meme coin connected the Ethereum network.

ASTEROID is up much than 71,000% successful the past 24 hours, jumping from a marketplace headdress beneath $100,000 to astir $19 cardinal astatine the clip of writing, according to information from DEXScreener.

The token, which is based connected a Shiba Inu mascot named Asteroid, skyrocketed aboriginal connected Friday pursuing a societal media station from media property Glenn Beck, which earned a reply from X proprietor and SpaceX and Tesla founder, Elon Musk. 

Beck’s post highlighted the communicative of Liv Perrotto, a teenage miss who helium said maintained a database of questions for Musk, but passed distant from crab successful January without the accidental to get them answered. 

Her last question would person asked Musk if Asteroid, the Shiba Inu mascot she created to enactment arsenic the zero-g indicator for SpaceX’s Polaris Dawn ngo successful 2024, could go the look of SpaceX. 

“Will reply shortly,” Musk said successful reply to Beck’s station astir 11:50 p.m. ET connected Thursday. That station has present garnered much than 1.3 cardinal views connected X. 

Eight minutes later, an Ethereum code ending with “EF99af” bought 1 ETH worthy of ASTEROID tokens, archetypal launched 19 period agone connected Ethereum. The bargain was bully capable for much than 10 cardinal ASTEROID tokens. 

As renewed attraction bloomed astir Perrotto and Asteroid with Musk’s reply, a monolithic surge successful the meme coin ensued, rapidly making the trader’s portfolio worthy astir $500,000. 

At this time, “EF99af” is the apical trader connected the token according to DEXScreener’s apical traders tab, locking successful much than $242,000 successful profits with income portion maintaining a stash of conscionable astir $180,000 worthy of ASTEROID tokens. 

Two different traders, “6E5Eae” and “9dE8db” some purchased little than $10,000 worthy of ASTEROID tokens, and person likewise locked successful much than $150,000 successful gains via sales. 

The token has generated much than $43 cardinal successful 24-hour trading volume, making it the 2nd most-traded meme coin crossed blockchains successful the past 24 hours per DEXScreener. 

An ASTEROID token connected Solana follows intimately behind, with much $37 cardinal successful volumes implicit the aforesaid period.