Barstool Sports Founder Says He Sold His XRP Two Weeks Ago, No Further Comments

Famous media personality and self-acclaimed XRP leader Dave Portnoy expresses regret over selling his XRP stash too early and missing out on a 60% rally

According to him, this ‘advisor’ had previously encouraged him to purchase XRP. Hence, he sold when they asked him to do so

Initial Interest in XRP

Following that investment, Portnoy suggested that he would hold his XRP stash and avoid trading it anytime soon. He believed that XRP could easily soar 10 times in the near future. However, he does not see Bitcoin achieving a similar feat anytime soon

In his view, XRP could become the next Bitcoin — a major factor that attracted him to the token. Despite his initial conviction about XRP, Portnoy still liquidated his stash just weeks ago

XRP Soars Over 60%

For context, the price of XRP has soared heavily over the past few weeks. As of two weeks ago, when Portnoy claimed he sold his XRP holdings, the price hovered around the $2 region but has since spiked over 60% to a multi-year high of $3.65

At its current price of $3.62, XRP is 5.5% away from reaching its previous all-time high of $3.84, set in January 2018, more than seven years ago. Yesterday, XRP’s market cap crossed $200 billion for the first time and subsequently climbed to $215 billion