3 Cryptos That Went Viral and Became Targets of Netizens

Jakarta, Pintu News – In the tumultuous world of cryptocurrency, there are many crypto projects that suddenly go viral and become the center of attention – even jokes – among netizens. Three names that have been talked about recently are Pi Network (PI), Ripple (XRP), and Official Trump (TRUMP).

All three experienced spectacular price spikes that tempted investors, but then also went into a freefall that drew backlash on social media. This phenomenon shows how quickly trends and public sentiment can reverse market direction in the crypto world.

Pi Network (PI)

The chart above shows the price movement of the Pi Network (PI) cryptocurrency in the span of the last one month. At the beginning of the period, around May 8, 2025, the price of PI was recorded at $0.5884. The price then experienced a significant spike and peaked above $1.50 around mid-May, reflecting the high surge of market interest in a short period of time.

However, after reaching its highest point, the price of PI underwent a sharp correction and continued to decline gradually. This decline lasted until the end of May, where the price stabilized at around $0.62, which is also the current price position as of June 6, 2025. The chart shows a classic “pump and dump” pattern, with a sharp spike phase followed by a quick drop and price consolidation.

PI’s 24-hour trading volume saw a huge increase of 74.87%, with total volume reaching $92.61 million or approximately Rp1.5 trillion. Although the current price is lower than its peak, the increasing volume trend indicates that there is still significant market activity on PI. The total market capitalization of PI stands at $4.56 billion, and the outstanding supply stands at 7.34 billion PI out of a maximum total of 100 billion PI.

Why did Pi Network go viral?

Pi Network went viral for offering an easy way to “mine” crypto via smartphone without any special tools, backed by an aggressive referral system that drove rapid user growth.

The project attracted attention because it hasn’t launched a full mainnet since 2019, creating speculative hopes amidst a large community that is now in the tens of millions. However, the project’s vagueness, lack of transparency, and criticism about the monetization of user data have made it the subject of controversy and debate among netizens.

Also read: Bitcoin (BTC) Price Crashes, Analyst John Bollinger Gives Bearish Signal!

Official Trump (TRUMP)

The chart above displays the price movements of the OFFICIAL TRUMP (TRUMP) cryptocurrency over the past month. At the beginning of the period, around May 8, 2025, the price of TRUMP was around $11.03. The price experienced a moderate increase and printed a local peak above $16 around May 21, indicating a temporary surge of interest and buying activity from the community or speculative traders.

However, after reaching that high, the price began to show a consistent downward trend. In the last two weeks, the TRUMP price continued to weaken until it finally fell sharply to $9.70 as of June 6, 2025. This translates to a monthly decline of 11.19%, reflecting significant selling pressure and a potential change in market sentiment.

Despite the price decline, TRUMP’s 24-hour trading volume surged by 190.60%, reaching $831.9 million (assuming $1 = Rp16,258). This indicates high volatility and increased buying and selling activity in a short period of time. The current market capitalization stands at $1.94 billion, with a circulating supply of 199.99 million TRUMP out of a maximum total of nearly 1 billion tokens.

Why did TRUMP become the target of netizens?

TRUMP coin went viral because it combines politics, memes, and crypto market speculation. The token caught the public’s attention because it bears the name of former US President Donald Trump, which is already controversial and polarizing globally.

A sharp price spike and the involvement of a community of political supporters also amplified its appeal on social media. In addition, TRUMP coin’s presence amidst the US election momentum and public debate has made it the subject of widespread discussion, both as a speculative investment and digital political satire.

Also read: 5 New and Hidden Cryptos Ready to Explode in 2025!

Ripple (XRP)

The chart above displays the price movement of the Ripple (XRP) cryptocurrency over the past one month. At the beginning of the period, around May 8, 2025, the price of XRP was around $2.12 and had experienced a fairly sharp upward rally. XRP touched a monthly high above $2.60 around mid-May, reflecting a very bullish market sentiment at the time.

However, after reaching the peak, the price experienced a gradual corrective trend, with a series of small declines until the end of May. This decline continued into early June, with the price touching a monthly low below $2.05. However, as of June 6, 2025, the XRP price managed to recover to $2.14, indicating an attempted recovery from the previous selling pressure. Overall, XRP experienced a mild decline of 0.22% during the month.

XRP’s daily trading volume surged 81.42%, reaching $3.52 billion, indicating high trading activity despite stable prices. XRP’s market capitalization was recorded at $125.89 billion (around Rp2,047 trillion), with the circulating supply reaching 58.82 billion XRP out of a maximum of 100 billion XRP.

Why did XRP go viral and become the target of netizens?

Ripple (XRP) is going viral as it is one of the biggest crypto projects focused on high-speed, low-cost cross-border payment systems. XRP has been in the global spotlight since it was sued by the SEC (US Securities Commission) in late 2020, alleging that it sold illegal securities – the case sparked a huge debate over crypto regulation.

When Ripple partially won the lawsuit in 2023, the price of XRP immediately jumped and became trending. The combination of strong technology, large community support, and a legal drama with far-reaching repercussions made XRP viral and the talk of the cryptocurrency world.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinmarketcap
• Featured Image: Generated by AI