Justin Sun Sparks Crypto Buzz: Onchain Governance Rumors Drive Blockchain Token Interest | Flash News Detail

The cryptocurrency market witnessed an uncommon spike in social media-driven volatility on Might 3, 2025, following a viral tweet by Justin Solar, the founding father of TRON, claiming that the Pope is now elected on-chain. This assertion, posted at 10:15 AM UTC, garnered over 50,000 retweets and 120,000 likes throughout the first 12 hours, as reported by Twitter analytics by way of SocialBlade on Might 3, 2025, at 10:00 PM UTC. This rumor, whereas unverified by official Vatican sources as of Might 4, 2025, at 8:00 AM UTC, triggered a notable response within the crypto markets, significantly amongst blockchain governance tokens and AI-related cryptocurrencies. Bitcoin (BTC) noticed a short 1.2% worth improve from $62,500 to $63,250 between 10:30 AM and 11:00 AM UTC on Might 3, 2025, as per CoinMarketCap knowledge. Concurrently, Ethereum (ETH) rose by 1.5% from $2,450 to $2,487 in the identical timeframe, reflecting broader market curiosity about blockchain adoption in high-profile establishments, based on dwell buying and selling knowledge on Binance at 11:00 AM UTC. Buying and selling quantity for BTC surged by 8% to 25,000 BTC traded on Binance throughout the first hour post-tweet, whereas ETH quantity elevated by 7.5% to 120,000 ETH, as recorded by CoinGecko at 11:30 AM UTC on Might 3, 2025. This occasion additionally spotlighted AI tokens like Fetch.ai (FET), which jumped 3.8% from $0.52 to $0.54 between 11:00 AM and 12:00 PM UTC, fueled by hypothesis on AI-driven blockchain voting methods, per Kraken trade knowledge at 12:00 PM UTC.The buying and selling implications of this rumor are multifaceted, particularly because it intersects with AI and blockchain governance narratives. The notion of on-chain papal elections, although unsubstantiated as of Might 4, 2025, at 9:00 AM UTC per Vatican information updates, has sparked discussions on blockchain’s potential in safe voting methods, a subject typically tied to AI optimization for transparency. This drove curiosity in AI-crypto crossover buying and selling pairs like FET/BTC, which noticed a 5% quantity spike to 2.1 million FET traded on Binance between 12:00 PM and a pair of:00 PM UTC on Might 3, 2025, based on Binance buying and selling logs. Equally, SingularityNET (AGIX) recorded a 2.9% worth uptick from $0.41 to $0.423 in the identical window, with buying and selling quantity rising by 6% to 1.8 million AGIX, as per KuCoin knowledge at 2:00 PM UTC. On-chain metrics from Glassnode, accessed on Might 3, 2025, at 3:00 PM UTC, present a 12% improve in pockets exercise for FET, with 4,500 new addresses created inside 24 hours, indicating retail investor curiosity. Market sentiment, tracked by way of LunarCrush at 4:00 PM UTC on Might 3, 2025, revealed a 15% rise in optimistic mentions for AI tokens correlated with blockchain governance key phrases like ‘on-chain voting’ and ‘decentralized elections.’ This presents potential buying and selling alternatives in AI-crypto property, particularly if official affirmation or additional high-profile endorsements emerge.

From a technical perspective, key indicators spotlight sustained momentum following the rumor. Bitcoin’s Relative Power Index (RSI) on the 1-hour chart moved from 55 to 62 between 10:00 AM and 1:00 PM UTC on Might 3, 2025, signaling rising bullishness, as per TradingView knowledge at 1:00 PM UTC. Ethereum’s Shifting Common Convergence Divergence (MACD) confirmed a bullish crossover at 11:30 AM UTC, with the sign line crossing above the MACD line, per Coinbase Professional charts accessed at 12:00 PM UTC. For Fetch.ai, the Bollinger Bands tightened considerably on the 30-minute chart between 11:00 AM and 1:00 PM UTC, indicating potential for a breakout, with the value touching the higher band at $0.54, as reported by Kraken at 1:00 PM UTC. Buying and selling quantity for FET/BTC and AGIX/ETH pairs remained elevated, with FET/BTC quantity holding at 1.9 million FET by 3:00 PM UTC on Binance, and AGIX/ETH at 1.5 million AGIX on KuCoin, per trade knowledge at 3:00 PM UTC on Might 3, 2025. On-chain knowledge from Etherscan, accessed at 4:00 PM UTC, confirmed a ten% uptick in good contract interactions for AI token ecosystems, correlating with the rumor’s impression on market sentiment. For merchants looking for ‘blockchain voting crypto’ or ‘AI crypto buying and selling alternatives,’ this occasion underscores the volatility and potential in area of interest tokens throughout social media-driven narratives.

FAQ: What triggered the current spike in AI crypto tokens on Might 3, 2025? The spike in AI crypto tokens like Fetch.ai and SingularityNET on Might 3, 2025, was triggered by a viral tweet from Justin Solar at 10:15 AM UTC claiming the Pope is elected on-chain, driving hypothesis about blockchain voting methods and AI integration, as evidenced by a 5% quantity improve in FET/BTC on Binance by 2:00 PM UTC. How does this rumor have an effect on main cryptocurrencies? Main cryptocurrencies like Bitcoin and Ethereum noticed worth will increase of 1.2% and 1.5% respectively between 10:30 AM and 11:00 AM UTC on Might 3, 2025, with buying and selling volumes rising by 8% and seven.5%, based on CoinMarketCap and CoinGecko knowledge, reflecting broader market curiosity in blockchain adoption tales.