Stool Prisondente goes live on Poloniex, expanding CEX listings
Poloniex has just listed Stool Prisondente, following recent listings on Kraken and MEXC.
Poloniex has just listed the Stool Prisondente (JAILSTOOL), with trading against USDT starting on Feb.11 at 07:00 UTC. Withdrawals will be available the next day, on Feb.12. The Poloniex listing follows recent listings on MEXC and Kraken.Â
This Solana-based meme coin, which humorously references Barstool Sports founder Dave Portnoy, has gained major traction after the media personality publicly shared his foray into meme coin trading with his X followers.
On Friday, Portnoy shared how he’d turned a modest investment of around $10,000 into a profit of $75,000. This fueled the hype, pushing the JAILSTOOL token to a market cap of over $267 million at its peak. “It’s so stupid, it may be foolproof,” Portnoy said about JAILSTOOL in a video shared on X Sunday. Portnoy’s promotion of the meme coin even led to it being listed on major exchanges like Kraken and MEXC.
However, it wasn’t long before the value of the token took a sharp downturn, dropping to approximately $34 million at the time of writing, according to Coinmarkecap.
