The post Trader Turns $22K in TROLL, a Solana Memecoin, Into $2.48M appeared first on Coinpedia Fintech News

A mysterious trader just pulled off one of the biggest meme coin wins in recent months. With only $22.8K, they managed to grow their holdings to a jaw-dropping $2.48 million — all by investing in a Solana-based token TROLL. This stunning 109x return has caught the attention.

But how exactly did this happen?

3.5 Months, 109x Returns

According to on-chain data shared by Lookonchain, a smart trader purchased 27.86 million TROLL tokens three and a half months ago by investing $22,800. At the time, TROLL was flying under the radar with low attention. 

Since then, the token has seen a massive price surge, and this trader’s patience has clearly paid off.

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Out of that original bag, the trader has only sold 1.28 million tokens, earning $16,200. But here’s where it gets crazy, he still holds 26.57 million TROLL tokens, now worth around $2.48 million. 

That’s a staggering 109x return on the original investmen

TROLL’s Price Surge Sparks Buzz

Looking at the chart, TROLL saw a massive price jump in late July into August, rising from below $0.02 to over $0.10 before settling around $0.093 at the time of writing. This sudden breakout drew fresh eyes to the token and triggered heavy buying volume.

In just a few weeks, TROLL went from being a little-known token to one of the top-performing coins on PumpSwap, a Solana-based DEX.

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FAQs

What is the TROLL token?

TROLL is a Solana-based meme coin inspired by internet trolling culture. It’s designed for community engagement and entertainment, leveraging Solana’s fast transactions and low fees.

What caused the TROLL token price to surge?

The TROLL token saw a massive price increase from below $0.02 to over $0.10 in a short period. This sudden breakout generated high trading volume and drew new attention.

Where can you trade TROLL tokens?

TROLL tokens can be traded on various platforms, including decentralized exchanges (DEXs) like PumpSwap on the Solana network, and some centralized exchanges as well.

What is PumpSwap?

PumpSwap is a decentralized exchange (DEX) on the Solana blockchain. It was launched by the memecoin platform Pump.fun to facilitate token trading with instant, free migrations and enhanced liquidity.

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