A Trader Converted His $173 in This Altcoin to $224,000: Insider or Just Luck?

A trader demonstrating a remarkable example of patience increased their assets to over $224,000 after making a modest buy out of $173 by holding a little-known Solana-based memecoin called TROLL.

The trader completed the purchase in mid-December when the market value of the token was only $6,510.

Launched in May 2024 through the Solana-based launchpad platform Pump.fun, TROLL references the iconic "Trollface" meme created by Carlos Ramirez in 2008.

The token showed little momentum for nearly a year, briefly reaching a market cap of $10,500 in January 2025 before dropping to $4,550 in April. However, everything changed on April 20, a date often associated with internet meme culture, with TROLL's value increasing by 59,944% to $2.7 million. According to the latest data, TROLL's total market capitalization has continued to rise, reaching a peak of $27.37 million, according to DEX Screener data at the time of writing. At the time of writing, the total market capitalization of the declining token is around $16 million.

The lucky trader first purchased this token by spending 0.8 SOL on December 16. Just three weeks later, the funds were quietly moved to a new wallet. The trader began selling on April 21. According to the Solana block explorer Solscan, he has converted $103,900 to cash with 97 transactions so far and still holds $120,490 worth of TROLL.

However, it should be noted that almost all users have lost money in memecoins, which have the highest risk level in the already high-risk cryptocurrency market, and that trading with these assets can result in significant losses including the principal.