- Dave Portnoy pumped and dumped Solana meme cash, incomes almost $68K in income in a single day.
- After revealing his pockets, Portnoy cashed out MONTOYA and MVP tokens, joking in regards to the energy he has over market actions.
- Regardless of rumors of launching his personal token, Portnoy denied collaborating with Solana’s Meteora protocol.
Dave Portnoy has made waves within the crypto world, pumping and dumping meme cash on Solana and raking in almost $68K in income. The Barstool Sports activities founder revealed his pockets tackle and buying and selling exercise by a collection of enthusiastic posts on X (previously Twitter), sparking reactions throughout the blockchain group.
Portnoy’s Meme Coin Gambit
Portnoy’s first massive commerce concerned the MONTOYA meme coin, which jumped from a $2.8M to a $10M market cap after his submit. Minutes later, he cashed out 2.68 million tokens for $24,000, joking that he had “an excessive amount of energy” and likened the expertise to playing.
Transparency and Chaos
Regardless of warnings about revealing his pockets tackle, Portnoy embraced the transparency of blockchain buying and selling, stating, “I would like folks to know what I’m doing.” Shortly after, he repeated the method with the MVP token, pocketing a $48,000 revenue inside ten minutes.
Group Reactions and Crypto Historical past
Since exposing his pockets, Solana customers have flooded it with meme cash referencing Portnoy and Barstool. This isn’t his first crypto enterprise—he famously panic-sold $1 million in Bitcoin in 2020. Now, rumors swirl that Portnoy could also be engaged on his personal token, although he denies any collaboration with Solana protocol Meteora.