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Dave Portnoy Slams Meme Coins as ’Pure Gambling’—Here’s Why They’re Doomed

Dave Portnoy Slams Meme Coins as ’Pure Gambling’—Here’s Why They’re Doomed

Coindesk
Author:
Coindesk
Release Time:
2025-05-15 21:39:14
0

Dave Portnoy Says Meme Coins Are ’Gambling’ and Not Built to Last

Barstool’s king of chaos takes aim at crypto’s joke assets—calling them a casino play rather than real investments.

Meme coins pump. Meme coins dump. And according to Portnoy, that’s all they’ll ever do.

No utility? No problem—until the hype train derails and bagholders learn the hard way that ’community vibes’ don’t pay rent. Just ask the Wall Street ’geniuses’ who still think NFTs are a retirement plan.

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