In brief
- A trader on Ethereum turned 1 ETH, or around $2,500 worth, into nearly $500,000 after making a meme coin trade on Thursday.
- The 19-month old ASTEROID token surged in value after gaining attention via a social media interaction from Elon Musk.
- ASTEROID is up more than 71,000% in the last 24 hours of trading.
A meme coin trader turned 1 Ethereum (ETH) or around $2,455 into nearly $500,000 on Thursday after trading the surging Asteroid (ASTEROID) meme coin on the Ethereum network.
ASTEROID is up more than 71,000% in the last 24 hours, jumping from a market cap below $100,000 to nearly $19 million at the time of writing, according to data from DEXScreener.
The token, which is based on a Shiba Inu mascot named Asteroid, skyrocketed…
