Dave Portnoy Calls Dogecoin Effort a Pump and Dump

Dave Portnoy, founding father of Barstool Sports activities, just lately ranted concerning the latest shilling of Dogecoin (DOGE) by way of Tik Tok. 

“What is going on on with Dogecoin!?” Portnoy mentioned in a latest video posted on Twitter. “It is a pump and dump,” he added, calling Dogecoin “bubbly rosé.”

Tik Tok DOGE Problem

A recent effort exhibits the Tik Tok group trying to pump DOGE as much as $1 in a get-rich-quick vogue. DOGE at the moment boasts a 90% enhance over the previous 24 hours, according Cointelegraph data

“Everybody’s shopping for this Dogecoin,” Portnoy mentioned within the video. “It is a cryptocurrency, it is faux life, persons are buyin it — they need it to go to $1, persons are gettin wealthy.”

DOGE sits at a press time worth of $0.0049, up from Cointelegraph’s July 7 coverage, when the asset sat at $0.0042. 

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