Dave Portnoy's Bitcoin And XRP Call Pays Off Fast

By Bush Staff·2 min read
Dave Portnoy's Bitcoin And XRP Call Pays Off Fast

Dave Portnoy told his DDTG audience to buy Bitcoin and XRP — and a day later both were up 20%.

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Dave Portnoy has been calling his shot on crypto for a while now, and this time the market actually cooperated on his timeline. On Thursday he told viewers of Davey Day Trader Global to load up on Bitcoin and XRP, and by the next afternoon he was back on Twitter taking his victory lap, claiming both were up 20% in 24 hours for anyone who listened.

Portnoy sat down for his DDTG stream and boasted about calling the Bitcoin and XRP pop a day in advance.

via @stoolpresidente

None of this is new territory for Portnoy. DDTG started as a pandemic-era stunt back in 2020, when he dumped $3 million into an E-Trade account and half-yelled his way through a portfolio update for hundreds of thousands of viewers. It's evolved into a full-blown crypto and stock show, and Portnoy has made a habit of buying dips loudly and publicly — he's talked openly about targeting $1.40 on XRP and $80,000 on Bitcoin before he'll consider cashing out, with a chunk of that money reportedly earmarked for a racehorse auction this month, according to prior reporting on his positions.

This particular call is getting the full victory-lap treatment online, with clips of the DDTG segment being passed around and stamped with a Kraken sponsorship banner promoting a giveaway. The framing is simple: Portnoy said buy, the market moved, and now everyone's replaying the tape.

The clip of Portnoy's original DDTG call getting recirculated as Bitcoin and XRP both climbed 20% in a day.

via @VivaLaStool

Worth remembering: Portnoy has been wrong on crypto plenty of times too. He's owned up publicly to multi-million dollar losses on XRP and Bitcoin in past dips and been criticized for pumping coins to his massive following before drawdowns hit. The self-proclaimed "crystal ball" bit is a running joke precisely because it doesn't always land — this time it did, and he's not going to let anyone forget it.

For now it's just a good week for Portnoy and anyone who actually acted on the call. Whether he sticks to his own price targets before cashing out — or keeps riding it toward that racehorse money — is the next thing worth watching.

Dave PortnoyDDTGBitcoinXRPstoolpresidenteVivaLaStoolKraken