The post Barstool’s Dave Portnoy Goes Bullish on XRP: ‘What If It’s the Next BTC?’ appeared on BitcoinEthereumNews.com.

Dave Portnoy backs XRP at $2.40, driven by instinct, comparing it to Bitcoin’s early days. Personal crypto loss pushes Portnoy toward XRP, seeing speculative investments as cultural identity shifts. Dave Portnoy, the CEO of DDTG Global and a well-known figure in financial and media circles, recently made a declaration in favor of XRP during the 2025 CoinDesk Consensus conference. His interest is not driven by extensive research into the technology and a long study of financial reports. Rather, he asserts it is all about instinct, emotion, and FOMO — the positive kind. Portnoy clarified that XRP is his favorite for one reason alone: potential. At $2.40, he considers it one of the last of its kind that still has potential for growth, comparing its future to that of Bitcoin during its earlier years. “I don’t know if there’s as much FOMO in Bitcoin now; it’s so established. But that’s why I’m in XRP. It’s FOMO,” Portnoy said. It’s just $2.40. What if that’s the next Bitcoin? He suspects that Bitcoin’s growing maturity may have tempered its popularity for speculative investors seeking quick returns. XRP, on the other hand, still retains that underdog flavor that resonates with individual investors and risk-takers alike. That air of unpredictability, he suggests, is the very same thing that catapulted Bitcoin into a global phenomenon—and what might drive XRP upwards in the future. Sports Bets and Crypto Collide in New Culture Shift Aside from price speculation, Portnoy also discussed a clear convergence of sports betting and cryptocurrency. He noted that both of them appeal to individuals ready to risk themselves in anticipation of high payouts. “There’s something about placing a bet, seeing Bitcoin or XRP go up, and just sitting on your couch like, ‘I made that money not working,’” he said. That’s a great feeling.…

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Filed under: News - @ May 17, 2025 9:19 am