JAILSTOOL’s $220M Boom and 83% Bust – What Really Happened?
JAILSTOOL, a meme coin championed by Dave Portnoy, experienced an explosive rise before crashing dramatically. The token surged by over 2.6 million percent, reaching a $220 million market cap, fueled by social media hype, whale activity, and exchange listings. However, a sudden sell-off led to an 83.6% price collapse, sparking controversy. This analysis explores the factors behind JAILSTOOL’s volatility, its price prediction, and the token's uncertain future. While short-term pumps remain possible, its long-term stability is questionable unless backed by sustained hype or utility.
2025-02-11Read