Troll (ETH: $TROLL) is a meme coin inspired by the Troll Face meme, which has become a permanent fixture in digital humor, solidifying its place as one of the most popular memes. It is a symbol of the creative digital culture, making it an important icon of digital connectivity.
About The Troll ($TROLL) Meme Coin
The Troll meme coin is an ERC-20 token on the Ethereum network, with a total supply of 960,420,000,000,000 tokens. It has zero tax on transactions, and the liquidity pool comprises 93.1% of the total supply.
As a security measures, the liquidity is burnet, and the smart contract has been renounced. It ensures that no one can ever have access to the liquidity pool, and smart contract features.
The token is the lifeblood of the entire TROLL ecosystem, which is designed to embrace the full potential of early online internet humor culture. One noteworthy feature of the ecosystem is the TROLL NFT mint, which allows anyone to mint a Troll NFT.
Unlike most other NFT releases, TROLL NFTs come with a reward of TROLL tokens for those who mint an NFT. In short, the more NFTs you hold, the more rewards you get as the collection is minted.
TROLL Token Market Performance
Since its listing on Coinmarketcap in early 2024, TROLL is down 53.50%. The decline follows a surge to an all-time high of $0.061089 on March 2, 2024. It is currently trading at an 82.25% discount to its ATH. In recent months, the TROLL token has seen a resurgence in interest, with the price spiking 19.38% in the past month. Over the past 24 hours, the token’s price has risen 4.73% as of Tuesday, October 29, 2024.
TROLL has a market cap of $18.52M, and its volume has risen 11.48% in the past 24 hours to $2.02 million. It is listed on numerous popular crypto exchanges, including HTX, Gate.io, BingX, and MEXC.
Social Media Following
The Troll token has amassed a respectable social media following, with 10.5K followers on X, 2,923 subscribers on its Telegram channel, and 9,998 followers on Instagram. All its social media handles are active, and the project’s team regularly engages the community with memes and funny clips. It also provides regular updates on the progress of the project’s roadmap.
Is Now The Time To Invest In Meme Coins?
The continued resurgence of Troll and other meme coins signals that the crypto market is back into a bull run. While it is still picking up momentum, meme coins have emerged as clear winners, with various meme coins surging by double or even triple digits in just a few weeks.
A major reason to invest in meme coins is their active communities, which can send a coin’s popularity surging in just a few days. Meme coins offer a sense of community and a fun way to spend time online. They are also easy to access and often listed on tens of online crypto exchanges.
However, they are prone to major price fluctuations like any crypto investment. It is important to keep that in mind when picking a promising meme coin like Troll to invest in. While you could potentially see major gains in the medium term, it is important to keep up with developments to avoid any sudden losses in value.
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