The POPE Meme Coin Frenzy
Rapid Pope Meme Coin Profits: Insiders Earned $1M, Outsider Suffered $111K in a Five-Minute Span
The cryptocurrency world, known for its occasionally unsavory characters, is abuzz once again. A meme coin with a controversial resemblance to a religious figure has experienced an unprecedented surge in popularity over the past few days.
In a short time frame, some significant moves made cryptocurrency headlines, with insiders allegedly offloading their tokens, while one ambitious investor lost over $110,000 in minutes.
Exchanges like GateIo and MEXC, eager to cater to their users' demand, have quickly listed the new meme coin phenomenon for trading. Consequently, the asset's value skyrocketed by several thousand percent within hours. However, it's challenging to authenticate these figures on independent third-party data aggregators like CoinGecko and CoinMarketCap, as the data appears to be missing at press time. CoinGecko even claims the POPE coin has been removed from its platform.
The meme coin's website states that 35% of the 1B max supply will go to the Catholic Church. 25% is earmarked for creators and marketing, and only 100 million will be made available for public distribution. The website also asserts that it was created in support of the pope and the Catholic Church, with the proceeds intended for the church and its initiatives worldwide.
The website further states that the meme coin was created "to support a future pope who champions cryptocurrency and decentralization, fostering empowerment, global impact, and spiritual connectivity."
There's been some controversy regarding the generous returns reaped by a developer or insider, who made over $1 million in just two hours by offloading tokens to the community.
This POPE madness also led to a substantial loss for an investor who jumped on the bandwagon too late. According to Lookonchain, they lost $111,000 in just under five minutes.
Insights from the Enrichment Data
The POPE meme coin emerged post Pope Francis' death on April 21, 2025, as part of a broader trend of religious-themed cryptocurrencies. Initially, the coins were not directly linked to specific popes, but later versions became connected to figures like Cardinal Pietro Parolin. There are also other variants associated with Cardinal Luis Antonio Tagle.
A different variant of POPE memecoins has no connection to religious figures, but is based on a meme involving former U.S. President Donald Trump jokingly considering becoming pope.
At present, the POPE memecoin is characterized by significant volatility. It gained considerable attention and saw a notable price surge shortly after its launch, particularly the version themed around Cardinal Pietro Parolin, which increased by 770%. However, these coins are thinly traded and mostly available on decentralized exchanges like Raydium on the Solana network.
The current price of a POPE memecoin is approximately $0.05965 USD, with a 24-hour trading volume of around $3.79 million USD.
Controversy has arisen over the legitimacy of certain POPE memecoins. Developers behind one version of the coin have been accused of suspicious market activities, including purchasing large amounts of their own tokens and then selling them at a profit, allegedly earning around $688,000 in a short period. This behavior has raised questions about potential market manipulation and the risks associated with investing in such assets.
- The cryptocurrency world is abuzz with the rise of a controversial meme coin named POPE, created to support a future pope championing crypto and decentralization.
- The POPE meme coin, listed for trading on exchanges like GateIo and MEXC, has skyrocketed in value by several thousand percent within hours.
- There's been controversy regarding the substantial gains reaped by developers or insiders who made over $1 million in just two hours by offloading tokens.
- CoinMarketCap and CoinGecko are having difficulties verifying the rapid surge in POPE coin's value, as data appears to be missing at press time.
- The POPE meme coin's price volatility has led to substantial gains for some investors, while also resulting in losses for others, such as the investor who lost $111,000 in just under five minutes.
