In August 2024, Solana meme coin developer Leland King Fawcett sold his TROLL tokens. Nearly a year later, his missed profit amounted to $36 million.
Fawcett spent about $1300 on the purchase of the asset. A few hours later, he sold the coins for roughly the same amount.
The developer told Decrypt that he initially wanted to see if any influencer would buy the meme coin. When that happened, Fawcett sold it to copy traders, received 9 SOL, and did not return to the coin.
For eight months, TROLL remained inactive. In April 2025, its price surged by 174,948%, and its market capitalization reached $42 million.
After a consolidation period from May to July, the asset began to rise again. Over ten days starting July 26, the price jumped by 924.65%. At the time of writing, the market capitalization of the “funny coin” reached $192 million, according to CoinGecko.
Fawcett stated that he is not too upset. He noted that a lot of time had passed since the sale, and there were no signs of future growth. He remarked that TROLL was one of millions of meme coins on the platform, and its rise was unpredictable.
The token was created on the Pump.fun launchpad. According to Dune, more than 12 million meme coins have been launched on this platform since January 2024.
TROLL ranks ninth among tokens on Pump.fun and 32nd among all “funny coins.”
Back in July, blockchain researcher Chan Min Yu accidentally burned PUMP tokens worth ~$58,000.