Over the past decade, memecoins have evolved from internet humor into a billion-dollar niche in the crypto industry. The death of Pope Francis has catalyzed their use in discussions about potential successors.
The Passing of Pope Francis
Pope Francis, born Jorge Mario Bergoglio, became the 266th pope on March 13, 2013. His commitment to social justice and interfaith dialogue marked his papacy. He passed away on April 21, 2025, at the age of 88.
The Process of Papal Succession
Upon the death or resignation of a pope, the Apostolic See becomes vacant, prompting the election of a new pope by the College of Cardinals, who must achieve a two-thirds majority.
Speculation Around Memecoins
The crypto community has turned to memecoins for speculation on the next pope. According to PolyMarket, 30% of users voted for the Pietro Parolin coin. Memecoins POPE Coin and LUCE Coin soared by 770% and 134%, respectively, with POPE reaching a market cap of $260,930.
Memecoins, born from internet culture, are increasingly involved in serious discussions and speculation. Their role in the context of the papal election underscores their impact on contemporary trends in society.
