In a remarkable display of patience, one trader held a little-known Solana-based memecoin called TROLL, taking his holdings to over $224,000 after a modest purchase of $173.
The trader made the purchase in mid-December, when the token had a market value of just $6,510.
Launching in May 2024 via Solana-based launchpad platform Pump.fun, TROLL is a reference to the iconic “Trollface” meme created by Carlos Ramirez in 2008.
The token showed little momentum for about a year, briefly reaching a market cap of $10,500 in January 2025 before falling to $4,550 in April. However, that all changed on April 20, a date often associated with meme culture, when TROLL’s value increased by 59,944%, taking its market cap to $2.7 million. According to the latest figures, TROLL’s total market cap has continued to rise, reaching a peak of $27.37 million at the time of writing, according to DEX Screener. The token’s total market cap, which has fallen to around $16 million at the time of writing, is now down.
The lucky trader first purchased the token on December 16th by spending 0.8 SOL. Just three weeks later, the funds were quietly moved to a new wallet. The trader began selling on April 21st. According to block explorer Solscan, Solana has cashed out $103,900 in 97 transactions so far and still holds $120,490 worth of TROLL.
However, it should be known that almost all users lose money in memecoins, which are the highest risk level of the already high-risk cryptocurrency market, and trading with these assets can result in large losses, including the principal.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/a-trader-turns-173-into-224k-on-this-altcoin-insider-or-just-luck/