By Guest 
A patient crypto trader saw their modest $170 investment in Solana meme coin TROLL balloon to over $225,000 during April’s meme coin frenzy.
From Obscurity to Meme Coin Stardom
The Solana-based meme coin TROLL, created in May 2024 on Pump.fun, languished in obscurity for nearly a year with a peak market cap of just $10,500 before its explosive April rally. The token, inspired by the classic Trollface meme, suddenly gained traction on the memed date of 4/20, skyrocketing 59,944% to a $2.7 million valuation.
A Trader’s Remarkable Patience Pays Off
One fortunate investor purchased 0.8 SOL (worth approximately $170 at the time) worth of TROLL on December 16, 2024, when the token’s market cap stood at just $6,510. After transferring the holdings to a new wallet in early January, the trader held through months of minimal activity before the coin’s unprecedented 361,500% surge.
The Rollercoaster of Meme Coin Trading
As TROLL’s value exploded, the trader began methodically selling portions of their position starting April 21. Blockchain data shows 97 transactions netting $103,900 in profits, while maintaining a remaining position worth $120,490 at peak valuation.
The token’s volatility has been extreme even by meme coin standards:
- 55% crash following initial sales
- Subsequent rally to $15.8 million
- 25% correction
- New peak at $25 million
Meme Coin Market Realities
While this story highlights remarkable gains, it also showcases the inherent risks:
- TROLL has since retreated 42% from its $29.26 million peak
- The trader’s remaining holdings have depreciated accordingly
- Similar stories have ended with investors losing most gains by holding too long
Other notable meme coin windfalls include:
- $16 turning into $3M on PNUT
- $5,000 becoming $1.5M on GOAT
- The infamous $800 MOODENG position that briefly hit $10M before collapsing
The Double-Edged Sword of Meme Coins
This case exemplifies both the life-changing potential and extreme volatility of meme coin investments. While some traders capture extraordinary gains, many others experience devastating losses in these highly speculative assets that can spike and crash within hours.