Elon Musk

<a href="https://bitcoinworld.co.in/trader-turns-10000-into-1-3m-with-troll-from-elon-musk-x-gag/" title="Trader Turns $10,000 into $1.3M With TROLL From Elon Musk X Gag" rel="noopener noreferrer nofollow"></a>
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 <li style="font-weight: 400">A lucky crypto trader turned $10,000 into $1.3 million with a well-timed purchase of the TROLL token after Elon Musk updated his bio to “Chief Troll Officer” on X.</li>
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One lucky trader has seemingly turned $10,000 into just over $1 million less than 10 days after purchasing the Troll (TROLL) memecoin just moments after Elon Musk changed his bio on X (formerly Twitter) to “Chief Troll Officer.”
Etherscan <a href="https://etherscan.io/address/0x3fa6c59b0d225dd2c12f4fa0dc6551540501bc1a" rel="noopener noreferrer nofollow">data</a> cited by blockchain data provider LookOnChain shows the trader converted a total of 4.3 Ether (ETH), worth approximately $10,000 at the time, into 19 trillion TROLL tokens.
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 In just 10 days, this trader turned $300 into $1.03M!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f631.png" alt="😱" class="wp-smiley" style="height: 1em; max-height: 1em;">
 How did he do it?
 After noticing that <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@elonmusk</a> had changed his Twitter profile to "(CTO) Chief Troll Officer", this trader immediately withdrew 4.313 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($10,113) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> and spent 4.3 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> to buy 19.37T <a href="https://twitter.com/search?q=%24TROLL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TROLL</a>.… <a href="https://t.co/NWO7j4pyq4" rel="noopener noreferrer nofollow">pic.twitter.com/NWO7j4pyq4</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1747489572001587630?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 17, 2024</a>
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On the same day, the trader sold 9 trillion TROLL tokens to cover their buy-in, holding the remaining 10 trillion tokens, which, at one point, were worth $1.34 million.
The price has fallen since then, but the TROLL stack is still worth a staggering $864,000 at current prices, equating to an 8,540% gain from his initial capital.
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TROLL was initially launched in April 2023 and, like all memecoins, experienced a brief price surge before retracing to near its launch price.&nbsp;
That all changed on Jan. 9 when Musk changed his X bio and sent the token surging over 150,000% in three days.
In 2021, a single well-timed Musk tweet had the power to send his then-favorite memecoin, Dogecoin (DOGE)
It happened again when a non-affiliated memecoin drawing its namesake from Musk’s AI project, dubbed “Grok,” suddenly became one of the largest memecoins in space.
At its peak price of $0.027 on Nov. 13, Grok (GROK) commanded a market capitalization of nearly $200 million, making it one of the largest new memecoins in the current cycle.
Those who came late to the GROK hype were burned after an X post from blockchain sleuth ZachXBT revealed that various social media accounts and websites tied to Grok were repurposed from old projects.
The post <a href="https://bitcoinworld.co.in/trader-turns-10000-into-1-3m-with-troll-from-elon-musk-x-gag/" rel="noopener noreferrer nofollow">Trader Turns $10,000 into $1.3M With TROLL From Elon Musk X Gag</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Trader Turns $10,000 into $1.3M With TROLL From Elon Musk X Gag

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