Asteroid Shiba's price surged over 68,000% after a brief reply from Elon Musk, leading traders to make significant profits. The token's value is closely tied to Musk's potential future comments.
Key points
Asteroid Shiba surged over 68,000% after Elon Musk's reply.
Traders made significant profits from the token's rapid rise.
The token was inspired by a girl who wished for it to be SpaceX's mascot.
Its value is tied to potential future comments from Musk.
One trader flipped a single ETH into more than $470,000 in just a few hours. Another held a position for 580 days watching it sit near zero, then walked away with close to $392,000. Both made their money on the same token — a memecoin called Asteroid Shiba — after a two-word reply from Elon Musk lit up crypto markets on Friday.
Asteroid Shiba: A Wish That Sparked A Frenzy
The story behind the token is unlike most in the memecoin world. Asteroid Shiba was inspired by a plush Shiba Inu dog designed by Liv Perrotto, a 15-year-old girl who died after battling cancer.
ASTEROIDUSDT trading at $0.000035 on the 24-hour chart: TradingView
The toy wasn’t just a craft project — it actually flew aboard a space mission as a zero-gravity indicator. Before she passed, Liv had one request for Musk: make Asteroid the official mascot of SpaceX.
ASTEROID went from $50K market cap to a peak of $23 Million today. What is it?
Asteroid is a shiba inu designed by Liv Perrotto, a 15 year old girl with cancer who tragically passed away earlier this year.
— Arkham (@arkham) April 17, 2026
Musk replied to the post with three words — “Will answer shortly.” That was enough. Within hours, the token’s market cap shot from roughly $50,000 to more than $20 million.
Radio host Glenn Beck had shared Liv’s story publicly, drawing wide attention to her connection to space exploration and her wish to reach Musk. Once Musk’s reply circulated, traders moved fast.
At 15 years old, Liv Perrotto’s biggest dream was to meet @elonmusk. She had even written out a list of questions to ask him. Her mother @rebeccaperrotto told me that just days before she passed away from cancer, she had a chance to speak with Elon, but she was too tired and… pic.twitter.com/zTRMreMFhM
According to data shared by Arkham, the token’s rise was steep and quick. Reports indicate that traders — including large-wallet buyers known in crypto circles as whales — piled in almost immediately after Musk’s comment appeared.
Figures from Coingecko show ASTEROID exploded to over 68,000% rally in the last seven days.
— Wals (@walsxbt) April 17, 2026
One trader was described in reports as betting a six-figure sum on the possibility that Musk might formally adopt Asteroid as a SpaceX symbol. Reports note that the token gained extra momentum on Ethereum, where deeper market liquidity helped fuel the climb.
The early holder who turned $21,000 into nearly $392,000 had kept that position through a year and a half of near-zero returns. Timing, in this case, made all the difference.
What Comes Next Depends On One Man
The token has no product, no roadmap, and no corporate backing. Its entire value is tied to whether Musk says anything more. Reports say the rally was driven entirely by the story around it — the emotion, the space connection, and the open question of what Musk will do.
If he follows up, the token could climb further. If he goes quiet, the price could drop just as fast as it rose.
As of Friday, Musk had not made any additional statement about Asteroid or SpaceX.
At the time of writing, ASTEROID price was down 40% in the last 24 hours, following a massive 68,428% increase last week, data from Coingecko shows.
*Featured image from Unsplash, chart from TradingView*
Q&A
What caused the 68,000% rally of Asteroid Shiba?
The rally was triggered by a two-word reply from Elon Musk, which sparked massive interest and trading activity in the token.
How much profit did traders make from Asteroid Shiba?
One trader turned a single ETH into over $470,000, while another made close to $392,000 after holding for 580 days.
What is the story behind the Asteroid Shiba token?
Asteroid Shiba was inspired by a plush Shiba Inu designed by Liv Perrotto, a 15-year-old girl who passed away from cancer and wished for it to be the mascot of SpaceX.
What will happen to Asteroid Shiba's value without further comments from Musk?
If Elon Musk does not make any additional statements, the token's price could drop quickly, as its value is largely dependent on his involvement.