Recently, the market dynamics of $TROLL have attracted widespread attention. According to @lookonchain's post on X, a trader bought $TROLL for only $30,000, and it is now worth up to $2.79 million. This huge profit potential has made $TROLL a hot topic on trading platforms such as BingX, XT, LBank, BitRue, and HTX. However, the question is, can $TROLL replicate the miracle of $DOGE?

Elon Musk's influence

On January 9, Elon Musk changed his X account profile to "Chief Troll Officer", and $TROLL soared 830.56% in 24 hours. This action triggered widespread speculation in the market, and people began to pay attention to whether $TROLL would become the next MeMe coin hot spot because of Musk.

$TROLL's Market Performance

The price of $TROLL did see a significant increase after Musk changed his profile. On January 13, $TROLL rose sharply again, with a 7-day price increase of 8550.18%. Market analysts believe that this once again proves the huge influence of opinion leaders, especially Musk, on the MeMe currency market.

Suspected marketing strategy

As $TROLL's official website redirected to the $LARRY website, questions about the relationship between $TROLL and $LARRY emerged in the market. Some people believe that this may be a marketing strategy to increase topicality and spread. However, this practice also caused dissatisfaction among some investors, who believed that their concerns were not responded to by $TROLL.

$TROLL Market Cap and Trading Volume

$TROLL currently has a market cap of $40.99 million and a 24-hour trading volume of approximately $14.95 million. Although there are not many known cases of high profits, as the price rises, more early investors may realize significant returns.

Comparing $DOGE and $TROLL

Compared with $DOGE, $TROLL is still in its early stages. If Elon Musk really participates in the marketing of $TROLL, its market performance may bring unexpected results. However, this also depends on the future

Continued market acceptance and $TROLL’s own development.

$TROLL's project background and development goal is to make MeMeCoin great again. The circulation is as high as 960,420,000,000,000 TROLL, there is no pre-sale, the liquidity pool (LP) is destroyed, and the contract management is handed over to the community. This decentralized feature may attract more users to participate. According to the security audit of DEXTools, no problems have been found in the smart contract of $TROLL.

Summarize

Although $TROLL has performed well in the short term, whether it can replicate the success of $DOGE remains to be tested by the market. Investors should be cautious about this type of investment and pay close attention to market dynamics, as well as the relationship and future development trends between $TROLL and $LARRY. At the same time, the success of $TROLL also reminds us that the influence of the MeMe coin market should not be underestimated, and the actions of opinion leaders may cause market fluctuations.