Stool Prisondente (SOL: $JAILSTOOL) is a meme coin launched by Barstool Sports founder, Dave Portnoy on February 8, 2025. The JAILSTOOL token became an instant hit after Portnoy tweeted about it on late Saturday night to his over 3.5 million followers. Within five hours of the tweet, the market cap surged over 100,000%.
Details Of The JAILSTOOL Meme Coin
The launch of $JAILSTOOL began on Friday, February 7, 2025, when Dave Portnoy revealed he had bought Montoya por favor, a meme coin inspired by a contestant on a Spanish reality show.
Soo after rising to a $14 million market cap, it dipped to a $1 million market cap. That did not stop Portnoy, who tweeted about the Josh Allen MVP coined, theme after Josh Allen, the Buffalo Bill quarterback. Soon after the tweet, the market cap rose to $12 million, before crashing back to $58,000.
The crashes triggered a backlash, which led to Portnoy posting a video. He clarified that he had informed his followers he was going to buy and dump the meme coins, and he was “trying to make money” like everyone else. Portnoy noted that he had turned $10K into around $75K. According to him, “everyone knows the risk,” and “everyone was playing the same game.”
After the video, Portnoy posted a tweet on the #JAILSTOOL meme coin. He told his followers that he “may dump it eventually.” Soon after the tweet, the JAILSTOOL market cap rose by nearly 2.6 million percent within 24 hours, making it one of the biggest gainers in recent history. ON the same day, Portnoy launched #JAILSTOOL merch.
Stool Prisondente Market Performance
The JAILSTOOL meme coin has a market cap of $84,332,176 as of Monday, February 10, 2025. It has a 24-hour trading volume that is over seven times the market cap at $609,981,960, which could signal further gains ahead. The token’s maximum supply is 999,853,822, with all tokens in circulation.
According to no-chain data, the token has over 91,215 holders, with over 1 million transactions since its launch. That is an impressive feat for a meme coin that is barely two days old. The data shows that the top ten wallets currently hold around 19.39% of the supply, with the rest in the hands of the community.
Kraken Lists JAILSTOOL
A few hours after launch, the Kraken exchange became the first major crypto exchange to list JAILSTOOL. With the token now listed on a major crypto exchange, its value could keep going higher.
Should You Add #JAILSTOOL To Your Portfolio?
The JAILSTOOL meme coin is backed by a well-known figure within sports journalism circles. With the Portnoy brand backing it, the value could keep rising, shattering its most recent high. However, as Portnoy himself has pointed out, there is a risk of dumping. Despite this risk, getting in on JAILSTOOL could potentially pay off in the medium term.
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