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TROLL

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TROLL
TROLL
Image: token logo via CoinGecko / DexScreener listings
tickerTROLL
blockchainSolana
launchedMay 2024
peak market capabout 283 million dollars (August 2025)

TROLL is a Solana meme coin based on Trollface that lay dormant for months before exploding in 2025 and acquiring licensed rights to the original meme.

Contents
  1. 1 Origin
  2. 2 Market history
  3. 3 Cultural impact
  4. 4 References

TROLL is a Solana meme coin built on Trollface, the crudely drawn grinning face created in MS Paint by Carlos Ramirez in 2008 and one of the foundational images of internet meme culture. First deployed on pump.fun in May 2024, the token spent most of a year effectively dead before becoming one of the biggest resurrection stories of the 2025 cycle, and the rare meme coin that ended up legally licensing its own meme.

Origin

The token launched in May 2024 and went nowhere: Yellow.com's retrospective records it peaking at a market capitalization of just 24,000 dollars during roughly eight dormant months. The community takeover that followed treated the dormancy as an asset, arguing that Trollface, a meme with seventeen years of history, deserved a serious flagship coin. In April 2025 the coin exploded by more than 170,000 percent from its lows to about 42 million dollars, minting stories like the trader covered by The Crypto Times who turned 173 dollars into 224,000 dollars. The takeover team, organized as Troll Network Limited, then did something without precedent at the time: it signed a six figure copyright license with Ramirez himself, giving the token sanctioned rights to Trollface, a deal covered by Cryptorank as a game changing legitimization move. The license closed on August 29, 2025, negotiated directly between Ramirez and Troll Network Limited; beyond the reported six figure upfront payment, it included an 11 percent royalty fee on the net revenue of any Trollface branded TROLL merchandise. The announcement itself was a market moving event, with TROLL's capitalization jumping from about 155 million dollars to about 215 million dollars on the news. Ramirez told press afterward that crypto "diminishes" Trollface as art even as he accepted payment for this deal, and said he was ruling out legal action against the wider field of unlicensed Trollface coins; the TROLL license carves out one named exception, a separate meme coin Ramirez had previously created and earned royalties from, which he does not officially endorse. Ramirez said that between 2011 and 2015 he earned about 100,000 dollars total from holding the Trollface copyright, a figure the TROLL deal alone exceeded.

Market history

After the April 2025 run to about 42 million dollars and a retrace to the mid teens of millions, TROLL's main event came in August 2025, when the token rallied about 1,600 percent to a peak market capitalization around 283 million dollars before cooling to roughly 159 million with more than 44,000 holders. CoinGecko records the all time high price of about 0.28 dollars on August 22, 2025. The run produced its own lore of missed fortune, including a trader Decrypt reported had fumbled a position that would have been worth 36 million dollars. Unusually for its generation, TROLL retained a substantial base afterward: CoinGecko showed a market capitalization around 42 million dollars in August 2026, making it one of the larger surviving meme coins of the 2025 class.

Cultural impact

TROLL closed a historical loop by putting one of the internet's oldest memes on chain and then paying its creator, a sequence the trenches cite as the maturation of the meme licensing pattern begun by Shark Cat. It is also a cornerstone of the dormant coin thesis alongside aura: proof that a pump.fun token's launch chart is not its destiny if the underlying meme has permanence. The image of Ramirez, who famously earned modest sums from Trollface for years, finally receiving a six figure crypto deal became a widely shared feel good story in a culture short on them.

References

See also
  • TST TST, or Test, is a BNB Chain token deployed in early 2025 as a throwaway example in a BNB
  • Tung Tung Tung Sahur Tung Tung Tung Sahur (TRIPLET, ticker TripleT) is a Solana meme coin based on the Indonesi
  • Turbo Turbo is an Ethereum meme coin created in April 2023 by artist Rhett Mankind, who used GPT
  • TYGR TYGR is a Robinhood Chain meme coin built around the kitten in Roaring Kitty's profile pic
  • Udin Udin ($UDIN) is a Solana micro cap memecoin based on the Indonesian brainrot character Udi
Category: Coins
Last updated 2026-08-19