"Crypto that has something to do with Musk must go up, but it usually doesn't last long."
Investing only $30,000, a cryptocurrency investor surprised many when he managed to generate a profit of $3 million following the recent actions of billionaire Elon Musk.
Musk, who has significant influence in the crypto market, modified the bio on X's profile to label himself as Troll's Chief Officer (CTO), triggering an unprecedented TROLL price hike.
In order to take advantage of the opportunity, a smart investor grabbed the opportunity to acquire 80.77 trillion TROLL tokens when the price reached the lowest level and in a short time he made millions of United States (US) dollars.
TROLL initially saw a surge due to Pepe Coin (PEPE) making its debut on the Ethereum (ETH) network in April 2023, but the hype began to fade thereafter and over 229 days, the price plummeted 94.4%.
According to Musk's X account, social media and the crypto market have an opportunity for unexpected gains as trending hashtags such as #MemeCryptocurrencies, #Memecoin, #MemecoinNews, and #ElonMusk continue to dominate online conversations.
Despite this, investors are still advised to understand such ventures carefully including being aware of the dynamic landscape and potential downside.
As of this writing, TROLL price surged by 91.84% at $0.000008657 in the last 24 hours with a trading volume of $35 million and recorded a 2030.55% climb over the last week.
