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With an increase of 86 times, can TROLL replicate the miracle of DOGE?
Written by: MIIX Capital
Introduction
On January 14, @lookonchain posted news on X: A trader spent $30,000 to purchase 80.77T $TROLL, which is now worth $2.79 million! This news has attracted the attention of a large number of users. So far, it has been launched on BingX, XT, LBank, BitRue, and HTX trading platforms, and the discussion remains high.
Everything starts from Elon Musk
On January 9, Elon Musk changed the X account profile to “(CTO) Chief Troll Officer”, and then DEXTools data showed that the 24H increase of the MeMe coin $TROLL with the same name was as high as 830.56%. This brought $TROLL into people’s sight again, and there were many speculations. Elon Musk will drive a new round of MeMe coin marketing.
The subsequent continued rise of $TROLL seemed to confirm this speculation. Following the rise on the 9th, another wave of sharp rises began on the 13th. The price rose by approximately 8,550.18% in the past 7 days. The voice of the market once again tells us that we must believe in the huge influence of opinion leaders on MeMe coins, especially Elon Musk.
Directional traffic, is it a prank or marketing?
The increase of $TROLL has attracted a lot of attention. Many people will visit the official website of $TROLL (), but when we open the website, we see the picture above, and then jump to the website of $LARRY (), which makes people feel $TROLL has been replaced by $LARRY.
This incident also made many people feel deceived and felt that their enthusiasm and attention were not accepted by $TROLL. At the same time, they felt that the popularity of $TROLL was diverted. Although they would also pay attention to $LARRY, they would not be interested in $TROLL holders. For me, this is not a happy thing.
As of the time of writing, the number of visits to $LARRY via the $TROLL official website has reached 50 million. This has made many people confused about the relationship between $TROLL and $LARRY, and there are two different guesses:
Getting huge profits is just an example?
The current market capitalization of $TROLL is $40.99M, with a 24H trading volume of approximately $14.95M, ranking #2289 on CoinMarketCap. However, it is currently known that the only traders who have made high profits through $TROLL are the traders mentioned by @lookonchain at the beginning of the article. As $TROLL continues to rise, more investors who entered the market earlier may gain considerable profits. But everything is still unknown and depends on subsequent changes in market conditions.
In addition, some traders said that he bought and held $TROLL a long time ago, but the current price did not make him profitable. Some people also believe that Elon Musk’s profile may have nothing to do with $TROLL. The current voice and market trends are more of a misjudgment by the market, or a marketing campaign that borrows Elon Musk’s influence, and should be treated with caution.
Can $TROLL become the new MeMe coin miracle?
$TROLL’s 7-day increase of 8,550.18% has attracted more and more people’s attention to it. $LARRY has also received a lot of spread in the market because of its association with it and its following the market. However, so far, Elon Musk, who is the origin of everything, has not made any relevant remarks, which puts a layer of mystery on the subsequent market price of $TROLL.
If all this has nothing to do with Elon Mus, then the popularity and market value of $TROLL and $LARRY will not last long, and may disappear from the public eye. If what we have seen so far, including Elon Musk’s revised profile, and the bundled marketing of $TROLL and $LARRY, are all planned, then relying on Elon Musk’s influence as an opinion leader, the subsequent market price of $TROLL is likely to give many users Comes with a huge surprise.
Because these current experiences are only at a very simple and basic level compared with $DOGE. With the new market cycle, if Elon Musk participates in the marketing of $TROLL, $TROLL is very likely to become a new MeMe coin miracle. , becoming another banner in the industry after $DOGE.