Dave Portnoy Reveals What He Would Do If XRP Crashes to $1.75

Barstool Sports founder Dave Portnoy has indicated that he may significantly expand his exposure to XRP if the asset declines to a specific price level. According to his recent remarks, Portnoy considers the $1.75 range an attractive point to make a large purchase, describing it as a favorable entry after XRP’s recent pullback.

XRP is currently trading near $1.87, following a short-term decline that briefly pushed the token to an intraday low of approximately $1.77, based on CoinGecko data. While the broader crypto market remains volatile, Portnoy appears to be monitoring XRP closely as it consolidates below recent highs.

A Year Marked by Reversals

Portnoy’s involvement with XRP throughout the year has been marked by frequent changes in positioning and sentiment. He has openly stated that his interest in the token is not driven by an assessment of its underlying technology or long-term fundamentals. 

Last night I bought $2,000,000 in crypto. When there’s blood in the streets I’m like a Great White Shark #DDTG pic.twitter.com/aKUXFoD4Xy

— Dave Portnoy (@stoolpresidente) November 18, 2025

Instead, he has framed his participation as speculative, motivated largely by market momentum and fear of missing out.

Earlier in the year, Portnoy publicly embraced XRP during a period of strong upward price movement, making bold statements about its potential and aligning himself closely with its retail supporter base. 

However, this optimism proved short-lived. In June, he exited his entire XRP position, which he later estimated to be worth around $3 million, selling near the $2.40 level.

The decision reportedly followed a warning from an associate regarding possible regulatory risks tied to stablecoins and their broader implications for Ripple-related assets. Shortly after Portnoy sold, XRP rallied sharply, climbing to roughly $3.65. 

We are on X, follow us to connect with us :-

— TimesTabloid (@TimesTabloid1) June 15, 2025

He later expressed public frustration over the timing of his exit, acknowledging that the move cost him substantial unrealized gains.

Re-Entry and Current Strategy

Following a subsequent market-wide downturn, Portnoy re-entered the crypto market, allocating about $1 million across XRP, Bitcoin, and Ethereum. He later confirmed that he rebuilt his XRP position around the $2.14 level, characterizing the earlier sell-off as an overreaction rather than a structural shift in outlook.

With XRP now trading below its November levels, Portnoy appears prepared to adjust his position again. He has suggested that a decline to $1.75 would prompt him to either lower his average entry price or meaningfully increase the size of his holdings.

While Portnoy’s trading approach continues to draw criticism for its emotional nature, his comments frequently attract attention due to his public profile. As XRP continues to fluctuate, his stated plans add to ongoing speculation around short-term price movements, though they remain personal views rather than investment guidance.