A Solana-based meme coin named TROLL has exemplified the extreme volatility and unpredictable nature of its niche, witnessing an astronomical surge in value over the past year.
TROLL experienced a staggering rise from a market capitalization of roughly $9,360 to a peak of $158 million. This climb included a remarkable price surge of nearly 175,000% during April 2025.
The asset’s trajectory underscores one investor’s dramatic miss. An early holder, trader Leland King Fawcette, sold his entire TROLL token holdings for $1,300. Following this sale, the tokens subsequently surged to a peak value exceeding $36 million.
The coin’s explosive growth appears heavily fueled by organic community discussions and speculative activity within the meme coin sector, rather than fundamental utility or project development.
This event serves as a stark reminder of the high-risk, high-reward potential inherent in meme cryptocurrencies, where rapid and extreme price movements driven by social sentiment can lead to both life-changing gains and significant missed opportunities.