Early ASTEROID Buyers Made a Fortune—But This Unlucky Buyer Sold Few Days Before Its Pump at a $137 Loss

An early $ASTEROID whale missed out on what should have been a financially life-changing event, paper handling his holdings before the recent rally.

Market intelligence platform Lookonchain called the investor “the unluckiest guy” they have ever seen, a description well suited to this case. Had the wallet held its $ASTEROID token for a few more days, it would have turned its meager input into massive wealth, but he sold right at the time of a major breakthrough.

Key Points

• 81 days ago, an address spent 0.2 Ethereum ($542) to buy 7.43 billion Asteroid Shiba.
• On April 14, the address sold the entire $ASTEROID holding for $405, realizing a $137 loss.
• A few days later, the meme coin started moving, surging a staggering 530,450% in the past seven days.
• The 7.43 billion $ASTEROID stash would have been worth $2.2 million in today’s price, but the wallet paper-handed the token.
• The token’s pump was not random but came from an indirect mention by Elon Musk, the richest man in the world.

What Happened

Lookonchain highlights that 81 days ago, the address “0x5811” spent 0.2 Ethereum ($542) to buy 7.43 billion Asteroid Shiba ($ASTEROID), an Ethereum-based meme coin inspired by a Shiba Inu plush toy designed by 15-year-old cancer victim Liv Perrotto and intended for the Polaris Dawn space mission.

This transaction specifically happened on January 30, when the token still had seven zeroes. However, the coin did not impress as the whale had anticipated, with the hype stalling. 80 days later, on April 14, the address sold the entire $ASTEROID holding for $405, realizing a $137 loss. But what happened next would leave the whale regretting this move.

A few days later, the meme coin started moving. According to CoinGecko, it has surged a staggering 530,450% in the past seven days, an explosive move that would have massively benefited the whale.

Lookonchain noted that the 7.43 billion $ASTEROID stash would have been worth $2.6 million at the time of its report. At the current price of $0.0002986, it would be worth $2.2 million.

What Actually Caused the $ASTEROID Pump

Meanwhile, the token’s pump was not random but came from an indirect mention from Elon Musk, the richest man in the world and one of the most influential figures in the crypto sector. His vocal love for meme culture and dogs has often led to significant moves from canine-themed meme coins.

On April 17, a simple reply sent $ASTEROID surging. Musk noted that he “will answer shortly” to a list of questions that the deceased Perrotto wrote, intending to ask the billionaire if she meets him. One of the questions was whether Asteroid, the Shiba Inu zero-g indicator she designed, would be SpaceX’s mascot.

Musk’s response, completely unrelated to the $ASTEROID token, sent it surging. It rose over 600,000% in a few days, turning meager inputs into massive wealth. Unfortunately, this whale had sold what would have turned his $542 investment into millions.

Others Profited, Though

However, others gained massively from this rally. The Crypto Basic reported on a whale who turned $31,000 into $301,000. He held 4.61 billion in late 2024 and had held it in unrealized losses for over a year until the recent development turned things around.

Another user spent $21,600 to buy 8.02 billion $ASTEROID in September 2024 and held it for over 580 days, during which his stash almost turned to zero. The recent pump has seen him make over $2 million.