Bartool sports founder Dave Portnoy kicked himself for selling most of his XRP a few weeks before cryptocurrency reached the new year-to-date highs on Thursday.
“I like millions, and I want to cry. I don’t care about it, even though I’m the leader of the XRP Army,” Portnoy Says In a video posted on X on Thursday.
His comments came shortly after the XRP (XRP) broke the annual high $ 3.29 and climbed to $ 3.60, marking a 19.61% gain in the past 24 hours at the time of publication, According to Two Nansen data.
Dave Portnoy expressed deep regrets about selling XRP for $ 2.40
“I sold the XRP when it went up to $ 2.40 because the person who told me to buy it told me to sell it because he thought Circle would compete with them and not enjoy it,” Portnoy explained.
On July 2, the Ripple Labs, associated with the XRP token, applied for a Charter of National Bank in the United StatesJust two days after the Stablecoin Issuer Circle made.
In Consensus 2025, Portnoy admitted that he had no “some beliefs” on XRP; He bought it out of Fomo, in case it became the next bitcoin (Btc).
The Crypto market rallies in the positive news of crypto law
Thursday’s XRP rally saw approximately $ 68.16 million in short XRP fluid positions in the past 24 hours, According to in coinglass data.
It came as part of a broader crypto market that began on July 9, after Bitcoin passed by May High $ 112,000.
Related: XRP is about to hit the $ 200B market cap for the first time; The price is near
However, Thursday saw a standout moment for the industry, following a series of legislative wins in the US House of Representative.
In a house session on Thursday, lawmakers voted 294-134 to pass the digital asset market The Clarity (Clarity) Act, a bill aimed at promoting a market structure for cryptocurrencies; 308-122 in favor of the guidance and establishment of national change for the US Stablecoins (Genius) Act; and 219-210 for the Anti-CBDC Surveillance State Act.
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