Hello Anjul, thank you for your questions. As to the first, the wording of the passage is unclear. Contrary to how your question puts it, it could mean that the impact of the meteor — its 'cracking open' — marks the appearance of the prophetic text in the world at large, rather than it spilling out of the meteor. At present, knowledge of this text is limited, and is only slowly getting shared by small groups of people. In 2026, hopefully, it will become generally known.
As to your send question, you can find a good general description of the "500 hundred year" periods and what they indicate. This prophetic text has two sections, one about the expected degeneration of the Buddha Dharma, and the other a specific description of what is to come during the period 2026 and 2032. See here: https://en.wikipedia.org/wiki/Three_Ages_of_Buddhism
I hope this clarifies your understanding. 🙏