BlockBeats news, on August 7, according to Decrypt, the creator of the classic internet meme 'Trollface', Carlos Ramirez, stated that he has 'no interest' in participating in the meme coin based on his creation that is issued on the Solana chain, as the capitalist nature of the crypto industry interferes with artistic expression. However, he also ruled out the possibility of taking legal action against the token, despite seemingly promoting another Troll token earlier this year and on Tuesday.

Carlos Ramirez stated that he 'often' receives offers for token shares from projects related to the Trollface meme and said, 'If I can't sell, this money means nothing to me; but if I sell, it will crash the market. And frankly, I don't want to be responsible for someone else's financial ruin.'

In the past two weeks, the price of the meme coin Troll has surged over 1,050%, with its market cap increasing from $16.12 million to over $184 million. According to CoinGecko data, it has become the 32nd largest meme coin in the world, surpassing Moo Deng, Aura, and Melania coins.