{"id":15374,"date":"2025-02-27T17:46:55","date_gmt":"2025-02-27T17:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15374"},"modified":"2025-02-27T17:46:55","modified_gmt":"2025-02-27T17:46:55","slug":"dave-portnoy-lambasts-solana-meme-coin-traders-too-many-babies-in-the-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15374","title":{"rendered":"Dave Portnoy Lambasts Solana Meme Coin Traders: Too Many Babies In The Market"},"content":{"rendered":"<div>\n<p>Dave Portnoy, founder of Barstool Sports and crypto gadfly, has built a reputation for <a href=\"https:\/\/99bitcoins.com\/news\/presales\/dave-portnoy-new-meme-coin-went-100000-but-what-is-the-best-meme-coin-to-buy\/\">pushing limits<\/a>. His latest adventure in Solana-based meme tokens has drawn a mix of trolling and backlash. Now, he\u2019s stepping away from the frenzy.<\/p>\n<p>On his \u201cDavey Day Trader Global\u201d live stream, Portnoy scrapped the release of \u201c<a href=\"https:\/\/99bitcoins.com\/news\/presales\/sei-crypto-erupts-20-in-7-days-after-world-liberty-finance-bid-best-new-crypto-to-buy-in-march-2025\/\">GREED3<\/a>,\u201d saying the meme coin space has grown stale, crowded, and infantile\u2014\u201ctoo many babies,\u201d as he put it.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_67c0a459ba71d\" data-coin-id=\"sol-solana\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_67c0a459ba71d-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_67c0a459ba71d-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c0a459ba71d-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c0a459ba71d-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_67c0a459ba71d-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_67c0a459ba71d-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_67c0a459ba71d-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_67c0a459ba71d-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_67c0a459ba71d-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_67c0a459ba71d-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_67c0a459ba71d-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_67c0a459ba71d-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Dave Portnoy From GREED to JAILSTOOL<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Dave Portnoy\u2019s latest crypto adventure began with a bang and ended in chaos. Last week, he launched GREED token on Solana\u2019s <a href=\"https:\/\/99bitcoins.com\/news\/pump-fun-might-launch-a-token-why-are-polymarkets-odds-still-low\/\">Pump.fun<\/a>, snagging 36% of the supply and setting off a trading frenzy that pushed its market cap to $40 million in no time.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">The hype collapsed just as quickly\u2014Portnoy dumped his entire stake for a $270,000 profit, tanking the token\u2019s value and burning investors.<\/p>\n<figure id=\"attachment_210163\" aria-describedby=\"caption-attachment-210163\" style=\"width: 728px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-210163\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-29.png\" alt=\"\" width=\"728\" height=\"681\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-29.png 728w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-29-300x281.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Screenshot-29-50x47.png 50w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\"><figcaption id=\"caption-attachment-210163\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/x.com\/stoolpresidente\/status\/1894759387337490552\" target=\"_blank\" rel=\"noopener nofollow\">X)<\/a><\/figcaption><\/figure>\n<p>Unapologetic, he rolled his winnings into another token, JAILSTOOL, branding it a jab at critics accusing him of running pump-and-dump schemes. \u201cI wanted to be crypto Caesar\u2026 really meme coin Caesar,\u201d he declared on his livestream. \u201cBut the people don\u2019t deserve it.\u201d<\/p>\n<p>Portnoy\u2019s follow-up act, GREED2, has been less eventful. Despite holding steady with an $11,000 personal stake, the sequel token has floundered, failing to match the wild highs of its predecessor.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Will GREED3 Ever Launch?<\/h2>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Following the lukewarm reception of GREED2, Portnoy hinted on multiple occasions that a GREED3 token could be on the horizon. Fans amplified the chatter, flooding his social media with requests and spreading hashtags like #greed3.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">During his Kraken-sponsored trading livestream this week, however, Portnoy appeared to kill the idea.<\/p>\n<p>\u201cI don\u2019t think I can launch GREED3,\u201d he admitted. \u201cThere are too many babies for me to launch GREED3\u2026 all I get is headaches.\u201d<\/p>\n<figure id=\"attachment_210167\" aria-describedby=\"caption-attachment-210167\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-210167\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-1024x467.png\" alt=\"\" width=\"1024\" height=\"467\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-1024x467.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-300x137.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-768x350.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-1536x700.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18-50x23.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/02\/Greed2_USD_2025-02-27_08-39-18.png 1799w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-210167\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/raydium.io\/swap\/\" target=\"_blank\" rel=\"noopener nofollow\">Greed2<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Portnoy\u2019s decision to hold back hasn\u2019t stopped memes and speculation from dominating the online communities surrounding Solana meme coins. While some supporters praised his transparency, others criticized him for inflating the market and leaving investors holding the bag.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Dave Portnoy JAILSTOOL and Beyond<\/h2>\n<p>Dave Portnoy isn\u2019t done with meme coin madness. His current obsession, JAILSTOOL, is holding strong with a<a href=\"https:\/\/99bitcoins.com\/news\/presales\/dave-portnoy-new-meme-coin-went-100000-but-what-is-the-best-meme-coin-to-buy\/\"> $9 million market cap<\/a>. He\u2019s declared he won\u2019t touch his $468,000 holdings until it punches through to an ambitious $1 billion.<\/p>\n<p>Named as a sarcastic nod to his critics, the token encapsulates Portnoy\u2019s appetite for controversy.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">For now, the Barstool founder seems content to ride the wave of his current holdings and maintain his spot at the center of crypto\u2019s most unpredictable corners. Whether you love or hate him, Portnoy\u2019s impact on meme coin culture is undeniable.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        On his \u201cDavey Day Trader Global\u201d livestream, Portnoy scrapped the release of \u201cGREED3.\u201d    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Dave Portnoy isn\u2019t done with meme coin madness. His current obsession, JAILSTOOL, is holding strong with a $9 million market cap.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/dave-portnoy-lambasts-solana-meme-coin-traders-too-many-babies-in-the-market\/\">Dave Portnoy Lambasts Solana Meme Coin Traders: Too Many Babies In The Market<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dave Portnoy, founder of Barstool Sports and crypto gadfly, has built a reputation for pushing limits. His latest adventure in Solana-based meme tokens has drawn a mix of trolling and backlash. Now, he\u2019s stepping away from the frenzy. On his \u201cDavey Day Trader Global\u201d live stream, Portnoy scrapped the release of \u201cGREED3,\u201d saying the meme [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15374","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15374"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15374\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}