Trader on Solana (Sol) I turned about $960 into $337,000 in less than 2 hours by trading the Asteroid Shiba (ASTEROID) memecoin.
Details of the deal indicate that the trader deployed 11 SOL across three wallets to purchase 158.51 million ATEROID tokens shortly after the launch on Pump.fun, achieving a 351x return as the position rose.
They later sold 134.75 million tokens for 1,539 SOL, worth about $135,000, while holding 23.76 million tokens worth about $202,000, according to the chain. Data Retrieved from Loconchine On April 18th.
ASTEROID is a community-driven Solana memecoin inspired by the Shiba Inu (Gray) called Asteroid, which flew as a zero-gravity indicator on Polaris Dawn.
The game was created by 15-year-old Liv Peruto, who died of cancer before the mission; Her story was later shared publicly by her family.
The recent rise in the token was fueled by a virus mail From radio host Glenn Beck, followed by a response from Tesla (NASDAQ: TSLA) CEO Elon Musk who led the speculation and buying pressure.
Momentum pushed gains to extreme levels within hours, with market cap briefly surpassing $20 million on Ethereum (Ethereum) and reached several million in Solana amid heavy circulation. Over the past week, memecoin has risen by approximately 62,000%, trading at $0.00003534 at press time.
Additional impetus came from renewed interest in space-related narratives, the broader memecoin recovery in April 2026, and the emotional appeal associated with childhood cancer awareness and real-world space exploration.
Asteroid huge profits
On-chain data showed bulk early buying and quick rotations typical of Pump.fun launches, while some long-dormant 2024 holders saw significant gains after holding out through extended lows.
Other traders also recorded big gains on ATEROID. For example, one address, Ellie, invested About $5,920 at an average price of $0.00043 and saw unrealized gains exceeding $130,000, a return of over 2,160%.
On Ethereum, some wallets have converted up to 1 ETH to Unrealized gain of $500,000 After Musk responded, one of the first buyers made more than $370,000 after holding it for more than 580 days.
In general, such huge gains have become common in the Solana memecoin on Pump.fun ecosystem, where narrative-based launches can generate significant returns in the short term, often followed by sharp setbacks.
