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Traders Use Memecoins to Bet on Next Pope Following Francis’ Demise

Traders Use Memecoins to Bet on Next Pope Following Francis’ Demise

Published:
2025-04-25 13:26:02
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Memecoins have evolved from internet jokes to a multi-billion-dollar niche in the crypto industry, sparking debates over their legitimacy. Critics dismiss them as worthless, while proponents argue they represent mainstream cryptocurrency adoption. Even former U.S. President Donald Trump embraced the trend, launching his own memecoin ahead of his inauguration.

Now, the crypto community is turning memecoins toward an unexpected purpose: wagering on the next Pope after Francis’ passing. Enthusiasts are minting tokens themed around potential papal successors, Vatican imagery, and church-related humor. This bizarre application highlights memecoins’ cultural permeation—whether as speculative assets or vehicles for satire.

|Square

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