Derived from Bitcoin.com, Barstool founder Dave Portnoy's $2 million investment in XRP, ETH, and BTC during a market dip on Nov. 17 appears to have paid off as the crypto market rebounded. Portnoy, who previously sold BTC during crashes, doubled down on Nov. 21, buying more as prices fell. By late Nov. 24, BTC had risen above $89,000, XRP climbed past $2.20, and ETH neared $3,000. The XRP recovery coincided with the launch of spot ETFs, which may boost demand. Portnoy's strategy has drawn mixed reactions on social media, with some praising his approach and others comparing him to market commentator Jim Cramer.
Dave Portnoy's $1M XRP Bet Pays Off as Crypto Market Rallies
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