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1.
The act of being trolled in chat as evidenced on the Star Truck Network via JTV.
Why is no one trolling this episode?

> It has been in constant trollation.
by Techsan31 January 28, 2012
 
2.
"Trollation" can be used to describe an event where trolling takes place. It is a by-stander definition of the event.
It was hard watching Kanye troll Taylor. I texted my friend and told him here was a trollation in progress.
by Skeffication July 15, 2014