A story that seems to be legendary just happened on the Solana blockchain: a trader with an investment of just $170 turned it into $225,000 by patiently holding a 'nameless' meme coin for nearly 5 months. That coin is TROLL – a token associated with the legendary 'Trollface' meme on the Internet.
TROLL coin: From ashes to heights
#TROLL is a meme coin created on the Pump.fun platform in May 2024 – a platform that helps easily create tokens on Solana. However, since its launch, TROLL has hardly attracted attention, peaking at a market cap of $10,500 at the beginning of 2025 before continuing to decline to $4,550 in April.
But everything changed dramatically on April 20th (4/20) – a day considered a 'cultural holiday' by meme enthusiasts. On that exact day, TROLL unexpectedly surged by 59,944%, bringing its market cap to $2.7 million and it hasn't stopped since. In the following days, TROLL continued to rise, reaching a peak of $27.37 million according to DEX Screener – a total increase of over 361,500% since mid-December.
Lucky trader and the 'diamond hands' strategy
The protagonist of the story is a trader who spent 0.8 $SOL (~$173 at that time) to buy TROLL on December 16, 2024, when the coin's market cap was only $6,510. Instead of selling early to take profits when the price started to rise, this trader chose to hold onto the token tightly, even transferring it to a new wallet but still not selling.
By April 21, 2025, when TROLL began to peak, the trader started to scale down their sell orders, and has currently secured $103,900 through 97 transactions. This person's wallet still holds $120,490 worth of TROLL – totaling $224,390, equivalent to over 1,300 times the profit from the initial investment.
However, TROLL's constant volatility also caused this wallet to experience many 'turbulent' moments. After the first sale, the token dropped 55%, then surged back up to $15.8 million, then dropped again by 25%, and finally recovered to nearly $25 million by mid-week. A true emotional roller coaster.
The gamble of meme coins
The story of TROLL is not unique in the crypto world. Small meme coins have repeatedly provided huge profits for those with 'diamond hands'. For example:
A trader once turned $16 into $3 million with $PNUT in just 2 weeks.
Another case, $5,000 turning into $1.5 million with GOAT.
Perhaps the most impressive is the person who turned $800 into $10 million with MOODENG, a meme coin inspired by the pygmy hippopotamus. However, this trader did not sell at the right time and lost nearly all profits in just one month.
These 'miraculous' stories highlight one truth: the meme coin market is not for the faint-hearted. Prices can increase 100 times in just a few minutes, but can also plummet in a few hours if profit-taking waves come.
Lessons for crypto users
From the TROLL story, we can draw three important points:
Patience can yield massive profits, but it can also easily lead to losing everything if you don't know when to take profits.
Meme coins are not based on intrinsic value but depend entirely on the community, trends, and market sentiment.
Such coins are difficult to analyze technically or fundamentally – everything revolves around their 'meme' factor and luck.
Connecting with the crypto market and Binance users
With the popularity of meme coins on platforms like Solana, BNB Chain, or Base, investors – especially Binance users – should exercise caution when participating in this trend. While they can yield large profits in a short time, meme coins often come with high risks, low liquidity, and are easily manipulated.
Binance users can take advantage of tools like Price Alerts, Stop-Limit, and Portfolio Tracker to closely monitor fluctuations and manage risks better when approaching 'hot' meme coins in the market.
Risk warning
Investing in cryptocurrency, especially meme coins, always carries a very high risk and is not suitable for everyone. Prices can fluctuate wildly in just a few minutes, and you could lose your entire investment if you don't manage your capital and expectations properly. Always do your own research (DYOR) before deciding to invest.