Crypto influencer shares bullish views on XRP and lessons from missing early Bitcoin gains
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Why Dave Portnoy Is Talking About XRP
โ๏ธ Dave Portnoy is a popular internet personality and founder of Barstool Sports
โ๏ธ At a recent crypto event (Consensus 2025), he said XRP could follow a path similar to early Bitcoin
โ๏ธ He revealed that he owns XRP and thinks it could gain massive value, just like Bitcoin did in the past
โก๏ธ XRPโs Hype Feels Like Early Bitcoin
Portnoy said XRP reminds him of Bitcoin when it was still cheap and unknown
He doesnโt claim to understand XRPโs technology fully โ heโs buying mainly because of market excitement and FOMO (fear of missing out)
โ๏ธ XRP is now priced around $2.30
โ๏ธ He believes many people are buying XRP now in hopes of big future gains
โ๏ธ Even well-known lawyer John Deaton thinks XRP might become more valuable than Ethereum someday
๐ณ Big Whale Moves Are Backing Up the Buzz
โ๏ธ A large investor (called a "whale") moved $782 million worth of XRP recently
โ๏ธ This caused XRPโs price to spike above $2.60
โ๏ธ Big money moving into XRP shows confidence from larger investors
๐ A Personal Story That Shaped His View
Portnoy shared a regretful memory from a few years ago:
โ๏ธ He lost a chance to buy a luxury apartment in Miami
โ๏ธ The buyer outbid him and was likely a Bitcoin early adopter
โ๏ธ That moment made him realize the wealth potential of crypto
๐ฐ His Bitcoin Investment Journey
โ๏ธ He first bought Bitcoin and Chainlink in 2020 but sold too early
โ๏ธ In 2024, he said he would invest $10 million into BTC if the price ever dropped to $40,000
โ๏ธ Today, Bitcoin is trading above $103,000, and more companies are adding BTC to their balance sheets
๐ What Does This Mean for XRP and BTC?
โ๏ธ Bitcoin is now seen as a strong, stable asset
โ๏ธ XRP is still considered a high-risk, high-reward investment
โ๏ธ Portnoyโs bet on XRP is based on the belief that the next big winner could be a coin like XRP โ not because of deep research, but because of what the market is doing
Final Thought:
Dave Portnoyโs story is a reminder that sometimes in crypto, people invest not based on deep knowledge, but on trends, hype, and fear of missing out. XRP might not be the next Bitcoin โ but in 2025, many are betting it could be.