‘I Want to Cry’: Dave Portnoy Says He Fumbled an XRP Bag Worth Millions

Barrestool Sports founder Dave Portnoy cannot help to share his crypto -rumble, in particular declares in 2021 that He “ruined Bitcoin” By panic, his stock for a huge loss the year before.

But the pronounced personality continues to play in the crypto world, including launch His own Solana Meme -Munten Last year and others pump and dump. Now he publicly grabs about selling his stock XRP before the prominent cryptocurrency has risen to a record high on Thursday, reducing a record in 2018.

Portnoy shared a video To his X account at the end of Thursday, in addition to the text: “I sold my XRP two weeks ago. No further comments at the moment.”

In the video, filmed out of bed, Portnoy said he sold his XRP at a price of $ 2.40 because “the man told me to buy it” told him to sell because Ripple would create XRP – were confronted with heavy competition from Circle, the USDC -Mittent whose. Since then he said that XRP had risen by 60%.

XRP has indeed been shot up in recent days. On Thursday, it Finally peaked above the peak of $ 3.40 Set back in January 2018 and mark a new high point of $ 3.65 per coin.

“I would have made millions and I want to cry,” Portnoy said in the video. ‘I no longer own it, even though I was the leader of the’ XRP army ‘. I sold it. ‘

The X -post of Portnoy has been viewed 2.3 million times since Thursday evening. The “XRP army” refers to Die-Hard XRP investors who have been pronounced on social media and have endured the lows of the currency over the years.

“Stupid,” said a prominent pseudonym XRP investor called the name Mackattackxrp on XWhen asked by Decrypt For his response to the video of Portnoy. The investor advised waiting for a price of $ 27 before he sells.

“I don’t know Dave, but for me he looks like someone who needs attention,” she added.

The price of XRP has risen by more than 600% since Donald Trump’s win last November, Partially To growing regulatory clarity in the US and interest rate of ETF mittens in launching funds based on the cryptocurrency.

The SEC has agreed to drop its long-term lawsuit against Ripple for XRP sales, although it has done so To be fully resolved in court. The two parties recently tried to end the case with a reduced fine against Ripple, although the courts pushed back against the maneuver. Ripple said in June that it will Let his cruising request fallEffective termination of the case.

Additional reporting by Ryan Gladwin