'I Want to Cry': Dave Portnoy Says He Fumbled an XRP Bag Worth Millions
2025-07-18 15:56:01
Main Idea
XRP reached a new all-time high of $3.65, surpassing its 2018 record, while Barstool Sports founder Dave Portnoy publicly regretted selling his XRP holdings before the surge.
Key Points
1. XRP broke its 2018 record price, reaching a new all-time high of $3.65 on Thursday.
2. Dave Portnoy sold his XRP at $2.40 two weeks prior to the surge, missing out on potential millions in profit.
3. Portnoy cited advice from a source who warned of competition from Circle, the USDC issuer, as his reason for selling.
4. XRP's price has surged over 600% since Donald Trump’s White House win, driven by regulatory clarity and ETF interest.
5. The SEC has agreed to drop its lawsuit against Ripple, further boosting XRP's market performance.
Description
The Barstool Sports founder shared his XRP misplay amid this week’s record surge, years after admitting that he “fucked up Bitcoin.”
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