According to data from GMGN, the market cap of the ETH chain Meme coin ASTEROID has surged, surpassing the $130 million mark, reaching a peak of $164 million at one point. The current market cap stands at $130.8 million, with a rise of over 400% in the last 24 hours.
Odaily reminds users that the price volatility of Meme coins is significant, so investors should approach risks with caution when participating. Meme coins typically lack substantial use cases and rely more on market sentiment for speculation, so it is essential to remain vigilant when entering the market.