Portnoy Invests $1M in XRP
Barstool co-founder Dave Portnoy said on Jan. 30, 2026 that he has purchased another $1 million worth of XRP, adding to his public crypto bets. The move was shared publicly and immediately drew attention across social channels where Portnoy remains an influential voice among retail traders.
Portnoy’s latest purchase could boost short-term sentiment around XRP and bring fresh retail interest to Ripple’s ecosystem, though it does not change fundamentals. High-profile buys like this often spur volatility and increased volume as followers react, so market participants should weigh the signal against broader market conditions and their own risk tolerance.