Dave Portnoy, founder of Barstool Sports and crypto gadfly, has built a reputation for pushing limits. His latest adventure in Solana-based meme tokens has drawn a mix of trolling and backlash. Now, he’s stepping away from the frenzy.
On his “Davey Day Trader Global” live stream, Portnoy scrapped the release of “GREED3,” saying the meme coin space has grown stale, crowded, and infantile—“too many babies,” as he put it.
Unapologetic, he rolled his entire stake for a $270,000 profit, tanking the token’s value and burning investors. p>DavePortnoyFromGREEDtoJAILSTOOL/h2>p>DavePortnoylatestcryptoadventurebeganwithabangandendedinchaosLastweek,helaunchedGREEDtokenonSolanaPump.fun snagging36%ofthesupplyandsettingoffatradingfrenzythatpusheditsmarketcapto$40millioninnotime.p>p>ThehypecollapsedjustasquicklyPortnoydumpedhisentirestakefor$270000profit,tankingthetokensvalueandburninginvestors.p
(Greed2)/figcaption>/p>p>DavePortnoidisn’tdonewithmemecoinmadnessHiscurrentobsession,JAILSTOOLisholdingstrongwithaa-rel=nofollowtarget=_bankhref=https://99bitcoins.com/news/presales/dave-portnoy-new-meme-coins-went100000-but-whats-the-best-meme-coins-to-buy”>$9 millionmarketcapHe’sdeclaredhe won’ttouchhis$468000holdingsuntilithroughstoanambitious$1 billion./p>Namnedasa sarcasticnod to h criticlsmthetokenencapsulatesPortnoidsappetiteforcontroversyp>pFortnow,theBarstoolfoundersseemscontenttorideitghe waveofhiscurrentholdingsandmaintainhisspotatthecenterofcryptosmostunpredictablecornersWhetheryoulove or hatehimPortnoidsimpactonmemecoincultureisundeniable/pp strongEXPLORE:a-rel-nofollotarget-blank-class-generallinkhref=https:/99bitcoinscom/new/xrp-rice-jumps11-after-seccryptounittesexrpet-progress/XRPPriceJumps11%AfterSECCrytpoUnitTeaseXRPEtfProgressstrong/ppstrongBitcionapa>
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