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.

BlockBeats News, August 7th, according to Decrypt, Carlos Ramirez, the creator of the classic internet meme "Trollface," stated that he has "no interest" in participating in a meme coin based on his own creation and issued on the Solana blockchain because the capitalist nature of the crypto industry would interfere with artistic expression. However, he also ruled out the possibility of taking legal action against the token, even though he seemed to have promoted another Troll token earlier this year and this past Tuesday.

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

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