The Ethereum-based meme coin ASTEROID has experienced a dramatic increase in market capitalization, surpassing $130 million. According to GMGN data, ASTEROID's market cap peaked at $164 million before settling at $130.8 million, marking a 24-hour surge of over 400%. Despite the impressive gains, investors are advised to exercise caution as meme coins typically lack substantial real-world applications and are driven by speculative sentiment.

ASTEROID-15.20%ETH+1.49%

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