Just some days after Dave Portnoy stated “no extra feedback.” Promoting his XRP stash Earlier than the latest value surge, the founding father of the Barstool sports activities mentioned additional about his strikes Each day “Davey Day Dealer World” streamShare extra about misplay.
Final week, Portnoy stated he missed “hundreds of thousands of {dollars}” by promoting his baggage. XRP On the value of $2.40 – not lengthy earlier than the worth of ripple-related cryptocurrencies surged; The best value ever $3.65 per information from final week Co Ringecko.
On Monday, Portnoy supplied particulars on why he bought the XRP bag, explaining that the cash had been within the vary between $2.10 and $2.40, and that “XRP Man,” his “XRP Man” instructed him to purchase the cash first, was getting uncomfortable concerning the USDC Stablecoin Issuer Circle.
I blame my $xrp man for texting me to say he did not prefer it anymore
– Dave Portnoy (@stoolpresidente) July 21, 2025
“He stated, ‘Hey, it is not excellent news that the circle is making an attempt to do what XRP is doing,” Portnoy stated. “I actually do not know what he is speaking about.”
It’s unclear precisely what his “XRP Man” is speaking about, however Portnoy took it as an indication to promote his XRP shares.
And XRP has skyrocketed.
“As quickly as I bought it shortly, issues grew to become parabolic,” he stated. “It is like $3.50. I blinked. (It) I bought sick in my abdomen. However what are you going to do?”
XRP broke the 7-year-old’s value peak final Thursday by $3.40, constructing momentum that started after President Trump’s election victory in November. Belongings are additionally rising Curiosity from ETF Issuers Fairness-based funding launches and imminent conclusions SEC’s long-term lawsuit in opposition to Ripple.
Ripple’s co-founder additionally created XRP cryptocurrency, and through the years the corporate has bought numerous stashes, as much as billions of {dollars} of adjustment. The SEC sued Ripple in late 2020, pleading a securities violation, however the events settled in courtroom and Ripple must pay a comparatively small high quality.
The XRP priced at $3.60, roughly coinciding with its present highest mark of $3.65 on Monday morning.
In a clip shared along with his X account, Portnoy identified that he’s “nonetheless doing good issues” Bitcoin and Ethereum As for funding, I admitted that XRP errors are “dangerous”
Portnoy has a protracted historical past of sharing misplays of his crypto funding, together with saying that in 2021 He says, “I tousled Bitcoin.” After dipping, by panic wrapping round his stash.
