Dave Portnoy invested in the Trump meme coin out of a fear of missing out. Now, he’s banked a million dollars, which he intends to bet on a team for profit.
Barstool Sports founder Dave Portnoy has made a quick milly, all thanks to President-elect Donald Trump’s new cryptocurrency meme coin, $TRUMP. The controversial figure initially invested $500,000 in the entity, which he eventually sold. Waking up to a massive profit, he took to X on Sunday morning, “I just woke up. Checked $trump coin. I’m up 200% since I bought it yesterday. Sold it. Made a quick milly. Prob gonna put it on the Bills tonight. I love Trump’s America! Now I’m back to sleep.”