# Asteroid Shiba has rapidly emerged as one of the most talked-about meme coins in recent days.

*web3 · news · 2026-04-21 · U.Today*

## Key points

- Elon Musk confirmed the plush Asteroid Shiba as a SpaceX mascot during the Polaris Dawn mission.
- The ASTEROID token surged nearly 68,000% since launch, hitting a market cap up to $165 million.
- On-chain data shows one early investor's $21,000 position ballooned to nearly $392,000 after the rally.
- The token has no official connection to SpaceX or Musk, despite widespread claims fueling the hype.
- Asteroid Shiba's smart contract allows fee or token changes, adding uncertainty and potential risks for holders.

**Companies:** SpaceX
**Countries:** United States

[Read the full story on U.Today](https://u.today/opinions/does-asteroid-shiba-actually-hold-a-future)

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