According to @NFT5lut, a viral meme referring to a 'woke pope' circulating on crypto Twitter has sparked significant discussion in NFT trading communities, with increased social engagement driving short-term trading volume spikes for meme-related NFT assets (source: @NFT5lut, May 8, 2025). Market participants are closely monitoring sentiment-driven volatility, as similar viral events have previously led to rapid price fluctuations in meme NFT collections, impacting both liquidity and short-term trading strategies (source: Dune Analytics, 2024).