TROLL coin is a meme coin that has shaken up the cryptocurrency market in recent times. The price soared after billionaire Elon Musk changed his biography on the social network X to Chief Troll Officer, in January 2024.
This simple change made the token appreciate more than 150,000% in just 3 days. Since then, thousands of investors have rushed to buy it and take advantage of the rise.
According to the official website, the token was created “by trolls for trolls”, with the aim of encouraging “trolling behavior”. Below, you can see what makes this cryptocurrency so intriguing.
What are memecoins?
Memecoins are currencies that originated from memes that became popular on the internet. In general, they pay homage to pop culture characters, inspired by viral videos, images or jokes.
The objective of the cryptocurrency developers is to create an engaged community around the meme that served as inspiration. Users can share material and contribute to the project becoming increasingly popular and successful.
TROLL coin originated from the famous 2010 meme, Troll Face. In the early days of the social media era, he was very successful. Now, it appears in a new guise, serving as the motto for a promising cryptocurrency.
Thanks to their great potential to go viral, memecoins attract the attention of investors eager to support wide-ranging projects and profit from the token's appreciation.
TROLL Token
One of the main features of TROLL coin is the adoption of two consensus models, Proof-of-Work (PoW) and Proof-of-Stake (PoS). This makes it a hybrid currency. It was created in April 2023. The total supply is 900 million tokens.
The project’s motto is “trolling with love”. It's a great joke, a tribute from the creators to the “forgotten art of trolling”. They are radically against malicious trolling intended to harm others, and this shows throughout the TROLL coin ecosystem.
The TROLL token has a curious history. As soon as Elon Musk changed his bio from X to Chief Troll Officer, promoting the cryptocurrency, a young investor rushed to acquire it. The case became famous because the trader turned US$10,000 into US$1.3 million in less than 10 days.
Follow the TROLL quote in real time
Did you enjoy getting to know this promising memecoin and do you want to invest in TROLL coin too? First, monitor currency quotes to make more accurate trades.
It is possible to monitor the price fluctuation of this and other currencies on the charts available on NovaDAX. They are updated in real time so you can clearly see market movements and know the right time to buy or sell.
Invest in TROLL at NovaDAX
NovaDAX is the best exchange for anyone who wants to buy or sell cryptocurrencies safely and conveniently. TROLL coin is already listed on the platform for you to trade in a completely intuitive way. In addition to charts updated in real time, the site offers several features and more than 300 currencies in the portfolio.
Take advantage of the chance to invest in TROLL coin and other cryptocurrencies with great appreciation potential. Create your free account at NovaDAX and start operating in the digital assets market.