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ASTEROID has two chains, and today it has moved in two directions.
The Solana version started trending higher today: its market cap rebounded to $15.1 million, currently at $13.3 million, up 48% over 24 hours, though trading volume is low at only about $740k.
The Ethereum version, meanwhile, is under pressure—over the past 1 hour it briefly dipped, with its low hovering near a $91 million market cap; it’s now at about $99 million, down 18.6% over 24 hours, with trading volume exceeding $11.7 million.
The spark behind the drop can be traced to specific people—
Trader 0x68a sold off a large amount of 1.515 billion tokens (about $363.6k) in the past hour, which was the largest sell address in nearly the last 24 hours, putting pressure on the price.
But this seller is also losing money—
Previously bought for $1.07 million, and has sold a total of $829k so far; total profit and loss is about -$136k.
Same storyline, two chains: one up 48% and the other down 18%—this is typical chaos of cross-chain meme coin replication. Funds keep switching back and forth between the two versions, and no one can tell which link will be the one that holds up next second.
That address, still cutting losses and exiting after losing $136k, may be more clear-headed than the people chasing the pump—at least he knows how to stop losses in time.