Key Takeaways
- TROLL memecoin surged 65.3% in 24 hours, riding the wave of meme coin excitement.
- Built on Ethereum, it benefits popularity on social media and create buzz.
- The token openly states it has no intrinsic value and exists solely for entertainment.
TROLL, a memecoin designed for laughs, trolling, and internet culture engagement, has seen a notable 65.3% price increase, reaching $0.00003847 before dipping slightly.
Its explosive move mirrors the recurring trend of memecoin mania—where community activity and social virality outweigh real-world fundamentals.
TROLL’s rise is a perfect example of crypto’s speculative undercurrent and the ever-evolving role of blockchain in cultural expression.
The Rise of TROLL and Ethereum’s Role
Memecoins are sometimes criticized for being useless, yet TROLL on Ethereum is able to swiftly acquire popularity on social media and create buzz. Even though Ethereum-based memecoins offer more tools, better developer support, and faster listings on cryptocurrency exchanges, using Ethereum also entails higher costs, slower transaction times, and congestion during peak hours.
In comparison to Solana, the transaction speeds are superior, and the transaction fees are notably low, which encourages users to participate in frequent trading and transactions. These are just a few of the reasons why memecoins are typically minted on Solana.
Solana Boss Slams Memecoins
Despite Solana being home to some of the most prominent memecoins, Solana co‑founder Anatoly Yakovenko compared memecoins and NFTs to loot boxes in free‑to‑play games—flashy, addictive but ultimately valueless.
“Memecoins and NFTs are digital slop and have no intrinsic value,” he tweeted, claiming this has been his stance since at least early 2024.
A Token of Trolling
TROLL memecoin embraces its meme identity wholeheartedly. Its whitepaper and community pages admit that it was created for “entertainment and community engagement with no intrinsic value.” That transparency hasn’t hurt its popularity; rather, it has endeared it to a group of internet users who enjoy speculative bets, inside jokes, and social engagement via tokens.
Market Snapshot
At the time of writing, TROLL is priced at $0.000000437, down -4.26% from its 24-hour peak according to cryptorank. Its all-time high of $0.0000125 was recorded in January 2024, placing it -96.5% below that level. Despite the dip, TROLL maintains a market cap of $4.19 million with a massive circulating supply of 960.42 trillion tokens. It is listed across 7 exchanges, with Gate.io being the most active.
Final Thoughts
TROLL is emblematic of a new wave of memecoins that prioritize humor and community over traditional use cases. Its surge demonstrates the ongoing appetite for speculative fun in the crypto space. While it’s far from a utility token, TROLL serves its purpose: entertainment through engagement and virality.
Frequently Asked Questions
What is TROLL coin?
TROLL is a meme cryptocurrency on the Ethereum network, created for entertainment and online community engagement.
Why is TROLL gaining value?
Its price increase is attributed to speculative interest and viral trends.
Does TROLL have any utility?
No. TROLL has no stated intrinsic value or utility; it is meant purely for fun and community speculation.
