ME News reports that, as of May 25 (UTC+8), GMGN monitoring shows that the Solana-based meme coin ASTEROID rose this morning, with its market cap peaking at $15.1 million and currently standing at $13.8 million—a 48% increase over 24 hours. Trading volume during the same period remained relatively low at approximately $740,000. The current market cap is about 25.9% below its all-time high. On the Ethereum chain, ASTEROID experienced a brief dip in the past hour, with its market cap briefly approaching $91 million; it is now trading at approximately $99 million, down 18.6% over 24 hours, with trading volume exceeding $11.7 million during the same period. Additionally, monitoring indicates that trader (0x68a) sold a total of 1.515 billion ASTEROID tokens (approximately $363,600) in the past hour—the largest sell position in the last 24 hours. This address previously accumulated around $1.07 million worth of the token and has now sold a total of $829,000 in position, resulting in a net loss of approximately $136,000. BlockBeats reminds users that meme coins are highly volatile and primarily driven by market sentiment and speculative hype, lacking real utility or intrinsic value. Investors should exercise caution and be aware of the risks involved. (Source: BlockBeats)
Solana meme coin ASTEROID rises 48% in 24 hours; Ethereum version falls 18.6%
KuCoinFlashShare
Summary
Ethereum news: On May 25, the Solana-based meme coin ASTEROID rose 48% in 24 hours, reaching a peak market cap of $15.1 million before declining to $13.8 million. During the same period, the Ethereum version of ASTEROID fell 18.6%, hitting a one-hour low of $9.1 million. A major Ethereum wallet (0x68a) sold 15.15 billion tokens ($36.36 million) in one hour—the largest sell-off in 24 hours. The wallet had previously purchased $1.07 million worth of ASTEROID and has now sold $82.9 million, resulting in a net loss of $13.6 million. Ethereum’s price remains under pressure as large sell-offs continue.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.