3 Examples of Phenomena that Rely on Crypto Narrative in 2025

Jakarta, Pintu News – By the end of 2025, crypto investor behavior increasingly resembles religious belief systems. Many people no longer rely on fundamental analysis or risk management, but rather shared beliefs and narratives deemed “divine”. From Bitcoin (BTC) to Pi Network (PI), groups are emerging that see investing as a spiritual mission to “change the world”. Here’s the full scoop!

YoungHoon Kim: Korea’s “Second Satoshi”

One extreme example comes from YoungHoon Kim, a South Korean entrepreneur who claims to have an IQ of 276. Kim, founder of United Sigma Intelligence Association, invested his entire fortune into Bitcoin (BTC) and calls it the “economic hope of the future”. He believes the price of BTC will increase 100-fold in 10 years and become a major global reserve.

Kim even declared himself the “second Satoshi Nakamoto” and promised to establish a global church in the name of Jesus Christ. While many doubted his claims and intentions, his spiritual narrative attracted thousands of followers who saw Bitcoin as a path to a new economic order.

Read also: Citigroup Prediction: Bitcoin (BTC) Could Hit $231,000 in 12 Months

Murad Mahmudov and SPX

Another example comes from Murad Mahmudov, a crypto trader who has kept 95% of his assets in SPX6900 (SPX) despite losing 82% this year. He estimates the price of SPX could reach IDR 16.56 million per token, which would make him one of the richest people in the world with a total value of around IDR 496 trillion.

Quoted from BeInCrypto, Mahmudov described SPX as a combination of Bitcoin’s HODL philosophy and XRP’s anti-mainstream spirit. His intense promotion managed to drive a price spike, but many analysts considered this hype unsustainable. Still, Mahmudov’s dedication reflects how conviction can trump logic in the crypto world.

Also read: 10 Strong Indicators Signal ‘Uptober’ Could Trigger Crypto Market Rally

Pi Network (PI) and GCV

The Global Consensus Value (GCV) movement in the Pi Network (PI) community is the most extreme example of overconfidence. Its followers believe 1 Pi is equivalent to $314,159, a symbolic number derived from the mathematical constant π (pi).

Led by figures like Doris Yin, the “Pioneers” considered Pi a life mission for financial freedom. They held conferences and resisted lower market prices. However, many analysts felt that these unrealistic expectations actually hindered the growth of the Pi Network and kept the project away from real adoption.

Conclusion

This phenomenon exposes the emotional and social side of modern investing. Communities such as Bitcoin maximalists, SPX followers, and the Pi Network have turned the market into an arena of trust, rather than analysis.

While faith can build strong communities, it can also create distortions in assessing the true value of digital assets. Ultimately, when “faith” trumps logic, the cryptocurrency market becomes a stage between hope and delusion.

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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:

• Yahoo Finance. Crypto Becomes a Religion: 3 Cults. Accessed on October 6, 2025
• Featured Image: Generated by Ai