Barrstool Sports founder Dave Portnoy could not get enough of the Solana Meme Coin Trenches – and only dug deeper during the weekend.
The sports and media personality made Almost $ 70,000 trade “Shitcoins” On February 7, and came back to the trenches the next day, taking a special interest in a token called “Stool Prisondente” that uses Ticker’s jailstool.
Named after his X-account lever (@Stoolpresidente), the Token Ticker makes the light of Portnoy behind bars for alleged pump-and-dump antics the day before. But despite the negative connotation, Portnoy gained a big bag of token.
“Hey Crypto -Bros, I think the one who made this coin is funny and I want to collect it as a reminder of your bitches that cry like little babies,” he Posted on X on Saturday at 4 p.m. et.
In addition to the message, he shared a screenshot of his previously Doxxed Solana wallet with 57.16 million jailstool -tokens he has acquired for around $ 378, According to Solana Block ExplorerSolscan.
Shortly after his position he dumped the entire stack and traded the 57.16 million jailstool -Tokens for around 586 SOL – more than $ 119,000 at the current price.
But this sale, claimed Portnoy, was a mistake.
“Fast update. I accidentally sold my jailstool to take piss, ” He placed.
Portnoy has quickly purchased the full amount and some, which are worth more than 1,000 Sol ($ 200,000) to buy back a little more than 23 million tokens, less than half of its original pile. In addition, Pornoty called his alleged humanitarian nature and described himself as a “benevolent and heroic crypto Caesar.”
Since that time, Portnoy has not sold another jailstool -token, instead to collect and stay dedicated to not sell until at least reaches token “A market capitalization of $ 1 billion. ”
After a first peak and silence on Saturday evening, Jailstool rose to a market capitalization of more than a $ 100 million when Portnoy promoted his virality – and called those who Don’t believe or sold token. The Token doubled more than again on Sunday, and achieved all time of Almost $ 218 million Market capitalization according to data from Coetecko.
In the midst of his Sunday Golf, the pronounced founder dropped a merchand line, promise to buy more jailstool with the proceeds and a dedication to buy $ 100,000 token for every $ 100 million in market capitalization achieved up to $ 1 billion.
But none of the antics was enough. Despite small pumps at every announcement post and a spot -trading offer Jailstool quickly descended from its peak at centralized exchange exchange.
From writing, token has fallen 83.6% compared to his all time, which helped a passionate rant through Portnoy on his Daily trade show In which he called ‘crypto experts’ to take advantage of new people who try to buy the jailstool -token.
In the show, Portnoy suggested that he ‘is still considering doing his own coin’, which further accelerates the downward price movement of his newly adopted token.
On Friday, Crypto Media Personality Nick O’Neill so -called That the Barrstool Sports founder worked with Crypto protocol Meteora on his own sign -a statement that Portnoy quickly denied.
Jailstool is now traded at $ 0.036, with 77% a decrease in the last 24 hours. Portnoy still has not sold tokens and is on one $ 264,000 loss At the moment according to Dexscreener.
Portnoy continued his trip in the Solana Meme Coin Trenches until Monday afternoon and bought about $ 17,000 from Dave Fartnoy (Fartnoy) – a meme coin that he “thought he was a cute collection object”, per an X -post. He owns almost 10% of the total range of token, with the market capitalization of the token currently around $ 4.4 million.
Published by Andrew Hayward
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