On January 9, 2024, billionaire Elon Musk changed the bio on his X (formerly Twitter) profile to “(CTO) Chief Troll Officer” instead of a traditional tech-related title. This was clearly a wordplay and a meme move by Musk, playfully assigning himself the role of a “troll” within internet culture.

This change immediately caught the attention of the crypto community, prompting many people to rush into tokens associated with the word “Troll.” Among them, the TROLL token stood out the most, surging by more than 330% in just one day following the event.