Propose an edit: jailstool

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jailstool (JAILSTOOL), formally Stool Prisondente, is a meme coin on the [[Solana]] blockchain that Barstool Sports founder Dave Portnoy promoted in February 2025. It was the centerpiece of Portnoy's brief, chaotic meme coin arc, which played out weeks after [[Official Trump]] and became a defining episode of the post Trump hangover market.

## Origin

The coin's name riffed on jokes that Portnoy, posting as stoolpresidente, would end up in jail over meme coins. After publicly experimenting with several coins, Portnoy endorsed JAILSTOOL on February 9, 2025, to his millions of followers, driving the pump.fun launched token up by figures reported between 110,000 percent and over 2,000,000 percent in a day. Portnoy was transparent that the coin meant nothing, streaming its moves and openly discussing his own buying and selling.

## Market history

JAILSTOOL reached a peak market capitalization of about 267 million dollars and an all time high price around 0.218 dollars on February 9, 2025, then fell more than 55 percent almost immediately, with continued decline afterward. Kraken listed the token amid the frenzy. Coverage noted Portnoy set a 100 million dollar market capitalization target during the run. In the following weeks Portnoy promoted and abandoned further coins, and reporting on his overall meme coin activity described millions in profits while many followers took losses; Portnoy denied wrongdoing and framed his trades as open gambling. The token is now largely inactive by volume.

## Cultural impact

jailstool distilled the February 2025 market: a celebrity openly narrating a casino, an audience knowingly buying anyway, and a chart that punished them on schedule. In [[the trenches]] the episode is cited as the purest example of the "PVP" phase after the Trump coin drained liquidity, when memes stopped pretending to be communities and became explicit games of musical chairs. Portnoy's catchphrase driven streams also previewed the influencer trading meta that dominated later in 2025.

## References

- https://www.cryptopolitan.com/dave-portnoy-meme-coin-jailstool-surges/
- https://www.bitrue.com/blog/stool-prisondente-jailstool-price-increase
- https://www.coinspeaker.com/kraken-lists-portnoy-backed-meme-coin-jailstool-amid-market-surge/
- https://blockchain.news/flashnews/dave-portnoy-aims-for-100-million-market-cap-with
- https://crypto.news/dave-portnoy-turns-meme-coin-hype-into-millions/
- https://finance.yahoo.com/news/memecoin-named-jailing-barstools-dave-130301813.html

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