Asteroid Shiba (ASTEROID) Price: Musk Agrees to SpaceX Mascot Request, Token Surges 920%

TLDR

• ASTEROID surged over 920% after Elon Musk agreed to make the Shiba Inu plush toy the official SpaceX mascot
• The token gained nearly 68,000% in one week, hitting a $100M+ market cap
• One trader turned ~$1,800 in ETH into nearly $500,000 within hours of Musk’s post
• A different trader sold 7.43B ASTEROID tokens for $405 just one day before the rally — missing out on $2.6M
• ASTEROID has no official SpaceX connection, no team, roadmap, or product behind it

Asteroid Shiba (ASTEROID) rallied over 920% after Elon Musk publicly agreed to make a Shiba Inu plush toy the official mascot of SpaceX. The move was rooted in an emotional backstory that spread rapidly across social media.

The token is named after a stuffed Shiba Inu designed by Liv Perrotto, a 15-year-old who passed away after a five-year battle with cancer. Her plush toy, named Asteroid, flew as a zero-gravity indicator on SpaceX’s Polaris Dawn mission in September 2024.

That confirmation sent the token higher. Over the course of one week, ASTEROID gained nearly 68,000% according to CoinGecko data. Trading volume hit $100 million in 24 hours at its peak.

Big Winners From the Rally

On-chain data from Lookonchain showed one trader flipped roughly $1,800 in ETH into nearly $500,000 within hours of Musk’s post. Another wallet held ASTEROID for 580 days at near-zero value and saw approximately $21,000 grow to around $392,000.

Some traders turned a few hundred dollars into over $1 million in days.

One Trader’s Costly Exit

Not everyone benefited. On-chain data revealed that wallet address 0x5811 bought 7.43 billion ASTEROID tokens 80 days ago for $542. Just one day before the rally, the wallet sold the entire position for $405 — locking in a $137 loss.

Those same tokens were worth over $2.6 million the following day.

Lookonchain posted about the trade on X, calling it one of the unluckiest exits they had seen.

ASTEROID has no formal team, roadmap, or product. It has no confirmed official connection to SpaceX beyond two informal replies on social media from Musk.

At its peak, the token’s market cap crossed $100 million.

The post Asteroid Shiba (ASTEROID) Price: Musk Agrees to SpaceX Mascot Request, Token Surges 920% appeared first on CoinCentral.