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Dave Portnoy's SafeMoon position is down 94%, claims he's being sued by project

Published 08/08/2022, 05:15 PM
Updated 08/08/2022, 07:40 PM
Dave Portnoy's SafeMoon position is down 94%, claims he's being sued by project

Barstool Sports founder Dave Portnoy has watched his investment in SafeMoon (SAFEMOON) crash by over 94%, proving to crypto enthusiasts that he is, in fact, capable of hodling during the bear market.

The stock trader and media personality took to Twitter (NYSE:TWTR) on Monday to lament his $40,000 investment in the memecoin, which has fallen to just $2,370.94 after he didn’t withdraw a single token. “Still holding by the way,” Portnoy said. “Diamond hands.”

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