A memecoin called ASTEROID surged more than 68,000% in a week, crossing a $100 million market cap and generating over $100 million in 24-hour trading volume, driven by one of the most emotionally charged stories the crypto market has seen in years.

The token is not based on a dog or a cartoon. It is based on a Shiba Inu plush toy designed by Liv Perrotto, a 15-year-old who died after battling cancer. Her design flew as a zero-gravity indicator on a space mission. Before she passed, she had one request for Elon Musk.

“Can you make Asteroid the mascot for SpaceX?”

How Two Words From Musk Moved the Market

The story resurfaced online earlier this week and spread rapidly across social media. When it reached Musk, he replied publicly: “Will…