Solana-Based Memecoin TROLL Rebounds 20% but Remains Down 27% Over 30 Days

BSCN·2026-11-05 06:46:09 UTC

Solana memecoin TROLL jumped 20% in a few hours and is up about 11% over 24 hours, but is still down 27% in 30 days with a market cap near $30.96 million.

TROLL, a memecoin built on Solana (@solana) ($SOL), recorded a sharp short-term rebound, rising 20% within a few hours. The $TROLL token is now up roughly 11% over the past 24 hours.

The recovery has not offset the broader decline. TROLL is still down 27% over the past 30 days, and its market capitalisation stands at around $30.96 million.

A Memecoin Built on Internet Culture

TROLL takes its theme from internet trolling culture. CoinMarketCap describes it as a community-driven token on Solana that is designed for entertainment and social engagement. The project has no utility beyond its online following, and its appeal rests on memes and community activity rather than a technical use case.

The token is based on the Trollface character. Decrypt reported that the image traces back to 2008, when Oakland-based artist Carlos Ramirez posted a webcomic about 4chan. In 2025, the team behind TROLL secured an exclusive licence to the Trollface intellectual property in a six-figure deal with Ramirez. According to the same report, Ramirez will also receive an 11% royalty on net revenue from future TROLL merchandise.

Decrypt has also reported that TROLL was created on the Solana launchpad pumpfun in May 2024. The same article noted that memecoins can spike in value within minutes and fall just as quickly, a pattern that fits TROLL's recent price action.

Volatility Remains the Defining Feature

Short bursts of momentum are common among small-cap memecoins, and a 20% move in a few hours does not by itself signal a change in trend. With the token still 27% lower on a 30-day view, the latest rally has only recovered part of the recent drop.

Memecoin prices tend to follow social attention and trading sentiment rather than fundamentals, so sharp gains and losses can occur in both directions. Readers should treat price figures as a snapshot, as they change quickly.