The creator of Trollface has stated that they had no intention to be involved in a Solana-based meme coin using their work, and they have ruled out the possibility of taking legal action.

On August 7th, as per Decrypt, Carlos Ramirez, the creator of the classic internet meme "Trollface," declared that he has "no intention" of getting involved in a meme coin based on his own creation and launched on the Solana blockchain. This is because the capitalist nature of the crypto industry would impede artistic expression. Nevertheless, he also excluded the possibility of taking legal action against the token, even though he seemed to have promoted another Troll token earlier this year and on Tuesday of this past week. Carlos Ramirez mentioned that he "frequently" receives token allocation invitations from meme token projects related to Trollface and said: "If I can't sell, the money is of no significance to me; but if I sell, it will cause the market to crash. And truthfully, I don't want to be held accountable for someone else's financial ruin." In the past two weeks, the price of the meme coin Troll has soared by over 1,050%, with its market capitalization rising 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 Coin in terms of market capitalization.