Jailstool Coin: How to Buy It

The world of meme coins has witnessed a new sensation—Jailstool Coin (JAILSTOOL). In just a few days, it went from an unknown cryptocurrency to a multi-million-dollar asset, fueled by the endorsement of Barstool Sports founder Dave Portnoy. 

His involvement led to an unprecedented 110,000% price surge, pushing JAILSTOOL into the spotlight of the speculative crypto market.

With such a dramatic rise, many traders are eager to understand what Jailstool Coin is, how Dave Portnoy’s influence shaped its trajectory, and how to buy it. However, with high volatility and speculation-driven growth, investors must navigate this space cautiously.

What Is Jailstool Coin?

Jailstool Coin is a meme-based cryptocurrency launched on the Solana blockchain. Unlike traditional cryptocurrencies that focus on utility or technological advancements, JAILSTOOL thrives on community engagement, social media hype, and influencer-driven momentum.

The token gained traction after Dave Portnoy began discussing it publicly, posting tweets, hosting late-night X Spaces, and encouraging his followers to trade it. This social media-fueled frenzy catapulted JAILSTOOL from obscurity to a nine-figure market cap within hours.

While meme coins have historically demonstrated explosive short-term gains, their long-term sustainability depends on community engagement, liquidity, and ongoing demand.

Also read: Stool Prisondente (JAILSTOOL) Increases Over 2,000,000%, What’s Behind the Surge?

JAILSTOOL: $0.0965 - Source: CoinGecko

The Hype: Jailstool Coin and Dave Portnoy’s Impact

The 110,000% Surge and Celebrity Influence

JAILSTOOL’s meteoric rise can be directly attributed to Dave Portnoy’s endorsement. On February 9, 2025, he publicly announced that he had purchased over 50 million Jailstool tokens, igniting a massive trading surge.

Within two hours, JAILSTOOL’s price skyrocketed from $0.000001 to $1.10.

The coin’s market cap surpassed $100 million within hours.

Trading volumes increased 500%, with over 5 million tokens exchanged on decentralized exchanges.

Also read: Jailstool Coin Price: Will Dave Portnoy’s Role Last?

Market Manipulation Allegations

Despite the hype, some traders accused Portnoy of manipulating the market through a pump-and-dump strategy. This skepticism arose after he engaged in similar meme coin trades, including:

• Montoya Por Favor Coin – Peaked at $14M market cap before crashing to $1M.
• Josh Allen MVP Coin – Briefly hit $12M before collapsing to $58,000.

Portnoy, however, dismissed these concerns, stating:

“I turned like 10 grand total into like 75 grand… I don’t even know what I’m doing with my life. Do you go to jail for this? Can I not do this?”

Despite backlash, he doubled down on Jailstool, maintaining that he wouldn’t sell until the token reached a $500 million market cap.

How to Buy Jailstool Coin: Quick Guide & Disclaimer

For those looking to buy Jailstool Coin, the process is relatively simple. The token is available on Pump.fun, a popular Solana-based meme coin platform.

Step-by-Step Guide to Buying Jailstool Coin on Pump.fun

1. Visit the Pump.fun website and connect your Solana wallet (e.g., Phantom or Solflare).

2. Search for “Jailstool” in the platform’s coin list.

3. Select the specific Jailstool token you want to purchase (e.g., Stool Prisondente, Final Boss Jailstool).

4. Click the “Buy” button for your chosen token.

5. Enter the amount of SOL you wish to spend or the number of JAILSTOOL tokens you want to buy.

6. Confirm the transaction in your wallet and wait for the purchase to be processed.

Also read: How to Stake Solana (SOL)

Important Disclaimer

• Pump.fun tokens are fair-launch, meaning no presale or team allocation.
• Meme coins are highly volatile and subject to rapid price fluctuations.
• Some traders use bots like TrenchyBot to scan tokens for legitimacy before purchasing.
• Platforms like Jupiter or Ape Pro may offer lower transaction fees when swapping JAILSTOOL.

Invest at your own risk. Never invest more than you can afford to lose.

Conclusion

Jailstool Coin has become one of the most talked-about meme coins of 2025, largely due to Dave Portnoy’s influence. 

His involvement fueled a massive surge in price, trading volume, and social media engagement, turning JAILSTOOL into an overnight sensation.

However, like all hype-driven cryptocurrencies, its long-term sustainability remains uncertain. While some traders see an opportunity for exponential gains, others warn of potential market manipulation and inevitable price corrections.

For those interested in trading Jailstool Coin, it’s crucial to stay informed, understand the risks, and approach the investment with caution.

Read more about Solana (SOL):

Solana (SOL) Price Today

How to buy Solana (SOL)

SOL to USD: Convert Solana to US Dollar

FAQs

1. What is Jailstool Coin?

Jailstool Coin (JAILSTOOL) is a meme cryptocurrency launched on the Solana blockchain, gaining popularity after Dave Portnoy’s public endorsement.

2. Why did Jailstool Coin’s price increase so fast?

The coin’s 110,000% price surge was driven by Dave Portnoy’s influence, social media hype, and speculative trading activity.

3. How do I buy Jailstool Coin?

You can purchase JAILSTOOL on Pump.fun by connecting a Solana wallet, selecting the token, and completing a transaction using SOL.

4. Is Jailstool Coin a safe investment?

Like all meme coins, JAILSTOOL is highly volatile and speculative. Investors should exercise caution and only invest what they can afford to lose.

5. Will Dave Portnoy continue supporting Jailstool Coin?

Portnoy has claimed that he won’t sell until JAILSTOOL reaches a $500 million market cap, but his long-term commitment remains uncertain.

6. Are there risks of a pump-and-dump with Jailstool Coin?

Yes. Given Portnoy’s trading history, some traders suspect that JAILSTOOL could experience sharp price drops if he sells his holdings.

7. Where can I track Jailstool Coin’s price?

You can check JAILSTOOL’s real-time price on platforms like CoinStats, Bitget, and GeckoTerminal.

Final Note: Whether Jailstool Coin becomes the next meme coin legend or a fleeting trend, its rapid rise highlights the power of influencer-driven markets. But as with any speculative asset, traders must remain cautious and informed before jumping in.