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Updated April 17, 2026 at 10:00 PMCoinCex editorial review

Memecoin Sector Shows Signs of Life as ASTEROID Rockets Past $25M

Narrative-driven tokens are catching bids again as the broader memecoin sector attempts to recover from a bruising 2025.

The memecoin trenches are showing signs of renewed life this week, led by an unlikely catalyst, a Shiba Inu plush toy that once floated in zero gravity aboard a SpaceX spacecraft. ASTEROID, an Ethereum-based memecoin named after the toy that flew on SpaceX's Polaris Dawn mission in September 2024, surged more than 70,000% in 24 hours to a $28 million market cap on Friday. Trading volume spiked above $43 million, according to DexScreener data , with some early holders recording six-figure gains. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Memecoin Sector Shows Signs of Life as ASTEROID Rockets Past $25M