#POPE red Solana:

The impact of the Pope's death on the crypto world

The news also generated unexpected movements in the cryptocurrency universe, particularly among tokens inspired by the figure of the Pope.

According to data from DEXTools, some of these meme cryptocurrencies saw an increase of over 500% after the news of the death broke. Holy Pope (POPE), a token on the Solana network, rose by 80% in just 24 hours.

It is worth noting that many of these memecoins were launched shortly after the confirmation of the passing. However, some that have been in the market longer also recorded increases.

These rises are partly due to the low market capitalization that these types of assets present, making them extremely volatile. In the case of POPE, for example, its valuation is around $2,560, which allows even small trades to generate significant changes in its price.

Market capitalization is calculated by multiplying the current price of a token by the number of units in circulation, and it is an essential figure for understanding its relevance within the ecosystem.

The case of cryptocurrencies associated with Francis illustrates how high-impact news can quickly influence digital assets without solid fundamentals. Already during the Pope's hospitalization, in February 2025, these tokens suffered drops, although they later rebounded when his favorable progress was revealed.

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