In the ever-evolving world of meme coins, big moves are happening that could redefine how these fun yet volatile assets operate. Recently, the TROLL token team announced they've secured the intellectual property (IP) rights to the iconic Trollface meme. This isn't just a nostalgic grab—it's a strategic play that positions TROLL as an official player in the meme economy, allowing them to expand the brand and aim for mass adoption.

As shared in their announcement on X, owning these IP rights means holders of $TROLL aren't just speculating on a coin; they're essentially owning a slice of internet history. Trollface, born in the late 2000s, has been a staple in online trolling culture, appearing in countless memes and forums. By locking down the IP, the team can now pursue merchandise, new initiatives, and partnerships without legal hurdles, potentially driving real-world value beyond pump-and-dump cycles.

This move follows a similar path taken by other meme projects. For instance, $JOE coin recently acquired the IP for EmotiGuy, a classic emoticon character that's been around for years. According to reports on CoinMarketCap, this has helped solidify $JOE's place in the market. As noted in a thread by crypto enthusiast Neso, after $JOE's IP grab, $TROLL is now joining the "Meme + IP" camp. This emerging category combines the viral appeal of memes with the legal backing of IP, creating tokens that have more staying power.

Neso's thread highlights how the IP coin landscape is expanding, but the real test will be in operational execution—how well these teams leverage their assets for growth. Think about it: with IP in hand, projects can license content, launch NFTs, or even collaborate with brands, turning cultural icons into revenue streams.

Diving into valuations, Neso points out some eye-opening comparisons. Pudgy Penguins ($PENGU), another IP-backed meme on Solana, boasts a market cap around $2 billion, as per CoinGecko data. $TROLL sits at about $200 million, while $JOE is hovering at a modest $30 million. This disparity suggests $JOE might be undervalued, with significant room for price appreciation if the team capitalizes on its IP effectively.

For blockchain practitioners dipping into meme tokens, this trend underscores a shift from pure hype to hybrid models blending culture and commerce. If you're holding or eyeing these coins, keep an eye on upcoming announcements—mass adoption could be just a troll away.

What do you think? Is the Meme + IP combo the future of crypto, or just another fad? Share your thoughts in the comments below!