Artist Carlos Ramirez has publicly distanced himself from the Troll meme coin despite its significant market surge.
The digital asset experienced remarkable growth, surging over 1,050% within just two weeks. This sharp increase propelled its market capitalization to exceed $184 million, drawing considerable attention within the cryptocurrency community.
Ramirez made it clear he will not pursue legal claims or seek financial gain from the meme coin bearing his art style’s namesake. Instead, he reaffirmed his commitment to focusing solely on his artistic work.
Citing a belief that the profit-driven nature of cryptocurrency can diminish genuine artistic value, Ramirez expressed skepticism regarding the long-term sustainability and purpose of meme coins within the crypto ecosystem.