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Portal

avoid.net/portal→28/100·55% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]
anchored·3wXcMz…ZesV

Summary

Portal (PORTAL) is a Web3 gaming platform and cross-chain token project that launched on Binance Launchpool on February 29, 2024, reaching an all-time high of approximately $4.41 before collapsing over 99% to below $0.01 by late 2025. The project has been flagged due to concerns including extreme token holder concentration, a low audited code coverage percentage, a pre-seed investor price roughly 30x below the listing price creating immediate sell pressure, active phishing and wallet-drainer campaigns impersonating the project, and a partially anonymous founding team. No formal regulatory action by the SEC, CFTC, or DOJ has been publicly confirmed as of May 2026.

Connected Entities

1 entities
Organizations
□Portal
Relationships
    Have evidence about Portal?

    Timeline(12 events)

    2023-09-01

    Portal begins pre-sale and private funding activities, targeting Web3 gaming ecosystem positioning.

    2023-12-06

    Rockstar Games co-founder Jamie King announced as Portal Foundation advisor.

    2023-12-16

    Portal's combined private and public token sale closes, raising approximately $29 million at $0.0879 per token.

    2024-01-26

    CertiK delivers preliminary security audit report for Portal.

    2024-02-22

    Binance Launchpool farming period for PORTAL begins; peak staking exceeds $9 billion, setting a Binance record.

    2024-02-29

    PORTAL token listed on Binance at approximately $3.07-3.36. Token reaches all-time high of approximately $4.41 before falling roughly 50% within 24 hours.

    2024-03-01

    Token airdrop claims opened for eligible users. Community members report regional restrictions and claiming difficulties.

    2024-06-01

    Approximate date when team and advisor token unlock schedules begin releasing meaningful volumes (30-month linear vest from TGE).

    2024-12-31

    PORTAL closes 2024 approximately 90% below its all-time high, at roughly $0.30.

    2025-10-10

    PORTAL reaches all-time low of approximately $0.0076.

    2025-12-31

    PORTAL ends 2025 approximately 93% below its 2025 opening price.

    2026-05-25

    PORTAL trading near $0.009, approximately 99.8% below all-time high. Investigation published by AVOID.NET.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chainsrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:51 AM

    last updated: 5/25/2026, 6:20:04 PM

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