TROLL(troll) Project Analysis
1. Research Institute Comments:
Address and Market Metrics:
On January 10th, there were 3813 holders, increasing to 4930 by January 13th.
Market cap surged from $7.7 million on January 10th to $26 million on January 13th, marking a substantial 350% increase.
Unilateral liquidity rose from $520,000 on January 10th to $1.1 million on January 13th.
2. Recent Breakout Points:
The recent surge in popularity is attributed to high on-chain activity, particularly after Elon Musk changed his Twitter bio. The project, previously in a reset state, seems to be experiencing a breakout.
3. Project Introduction:
Troll is an internet meme token deployed on April 19, 2023, by @TrollErc20, using the Ethereum ERC20 contract 0xf8ebf4849f1fa4faf0dff2106a173d3a6cb2eb3a.
The project gained attention for two months after launch, riding on the popularity of Beeple and Elon Musk. However, it stopped updating Twitter and defaulted back to a reset state.
4. Token Utility:
No specific utility for the token is mentioned.
5. Tokenomics:
The total token supply is 960,420,000,000,000, and the launch is claimed to be 100% fair.
6. Project Highlights:
No specific project highlights are provided.
7. Investment Institutions:
No information is given regarding associated investment institutions.
8. Community:
184,000 followers on Twitter, a Discord group with 65,000 members predominantly consisting of international participants.
9. Special Economic Models:
As of today, the project has 3700 Twitter followers, and the Telegram group has 1716 members.
10. Future Outlook:
Elon Musk's Twitter bio change to Trōllheim suggests a potential shift in focus. The project's Twitter is no longer active, indicating a move towards community-driven governance. Overall, the project has experienced significant growth and attention, primarily driven by external factors like Elon Musk's involvement. However, the lack of updates and community engagement raises questions about the project's sustainability and future direction, especially with the shift towards community autonomy.
Basic Information
Project Introduction: Troll is an internet meme token. On April 19, 2023, the founder of $troll, @TrollErc20, deployed the $troll Ethereum ERC20 contract: 0xf8ebf4849f1fa4faf0dff2106a173d3a6cb2eb3a, and added permanent LP burning. After launching the official website, it gained popularity by riding on the hype around Beeple and Elon Musk for two months (until June 17, 2023). However, the project noticed a lack of community engagement and decided to stop updating Twitter, essentially resetting its status to zero.
Token Full Name: Troll
Token Name: TROLL
Project Website: https://larrythellama.vip/
Project Documentation: None
Blockchain Explorer:
https://etherscan.io/address/0xf8ebf4849f1fa4faf0dff2106a173d3a6cb2eb3a#tokentxns
Liquidity Explorer:
https://etherscan.io/token/0xf8ebf4849f1fa4faf0dff2106a173d3a6cb2eb3a
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CoinW Institute
2024/1/15