Alright, I just need to vent about what’s going on with these meme tokens. Dave Portnoy is back at the center of another scandal, and this time it’s not just one coin—it’s a whole series of breakdowns. It all started in February with JAILSTOOL, when the guy promised token holders he wouldn’t sell, and then suddenly dumped his position with a profit of more than 118 thousand bucks. The token dropped 80% in a couple of hours. Investors lost money, and Portnoy… well, you get it.

Then the story repeated with LIBRA. Dave Portnoy received about 6 million tokens for the promotion, but then returned them once he realized he couldn’t publicly talk about his involvement in the project. Sounds noble? Not really. He was still holding personal LIBRA tokens, which saw a value loss of more than $5 million. And then Argentina’s president Javier Milei posted about this token—its price surged to $0.021 and then dropped by 95%. Liquidity vanished by more than $105 million. Milei quickly deleted the post and said he didn’t know anything.

But Portnoy didn’t stop. A day after the LIBRA crash, he launched GREED. According to analysts’ data, he snapped up 35% of all the tokens, and then dumped everything in a single transaction, making 258 thousand. The price fell by 99%. One guy bought for 911 SOL and sold for 309 SOL—losing more than 100 thousand in just three hours. Portnoy justified himself, saying, “I warned that I might sell.” Yeah, thanks for the warning.

Then it was time for GREED2. It launched—price jumped to a market cap of 28 million, then collapsed to below 375 thousand. The crypto community just exploded. The guy has 200 million, but he’s still ready to scam small investors out of another 100 thousand. This isn’t just sad anymore—it’s a cynical pattern. Dave Portnoy and his tokens have become synonymous with getting rich fast at other people’s expense. And people are still buying? Apparently, bad publicity is still publicity.