Peter Turkson: Ghanaian Cardinal Increases Presence On Polymarket As He Enchants Crypto Community
In keeping with longstanding customs, the Catholic Church is gearing up for a momentous Papal Conclave on 7 May 2025, triggered by the passing of Pope Francis. A strong candidate is Cardinal Peter Turkson of Ghana, notably recognized within the cryptocurrency sphere. He is also becoming a leading contender on Polymarket!
The premier decentralized prediction crypto market indicates that Cardinal Turkson’s odds have significantly increased recently. By late Tuesday, 29 April 2025, Turkson had risen to second place, surpassing Filipino Cardinal Luis Antonio Tagle, with his likelihood peaking at 21%
Notably, if elected, Cardinal Turkson would be the first African pope in over 1500 years!
Cardinal Peter Turkson is trading at approximately ~6/1 for the next Pope, according to betting platforms: +620 on Oddschecker (≈14%) and 12% on Polymarket. He remains the third most probable candidate following Cardinals Parolin and Tagle as the conclave approaches pic.twitter.com/c223LpiVxe
— ghanaspora (@ghanaspora) April 30, 2025
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A $10.7 Million Bet On The Next Pope On Polymarket
Polymarket has introduced a new layer to the 2025 Papal Conclave. Digital currency supporters are making substantial bets on Turkson, with many captivated by the prospect of a “Black Pope.” A Polymarket participant remarked, “My money’s on a black pope being elected.”
Turkson holds numerous honorary degrees and is fluent in six languages: Fante, English, French, Italian, German, and Hebrew.
“Bet on Peter Turkson! An African heart with a global vision, poised to infuse the Vatican with justice,” declared a bettor. “If Peter Turkson doesn’t become Pope this time, then when? It’s now or never! I believe in him because the world needs a Pope who advocates for social justice and offers a touch of African charisma. Go, Peter, elevate the Vatican again!”
“Turkson is underrated since he speaks multiple languages, much like Francis, which was crucial in garnering price floor for Francis,” stated another.
Nonetheless, some dissenting opinions exist. “Turkson would merely continue Francis’s legacy, which is unlikely to be the preferred choice,” wrote a different Polymarket user.
Who will be the next pope? Here’s a chart illustrating the current probabilities according to @oddschecker (not adjusted for vig) @ManifoldMarkets @Polymarket and @metaculus pic.twitter.com/ssG2FvIyKh
— Johnny Ten-Numbers (@JohnnyTenNums) April 29, 2025
Africa stands as one of the fastest-growing regions for Catholicism, and the concept of an African pope has gained significant traction within the Church.
He is acclaimed for being a moderate and a unifier. While he upholds traditional Church doctrines on matters such as the exclusive male priesthood and marriage, he has also advocated against anti-LGBTQ+ legislation in Africa and is renowned for his commitment to environmental and social justice causes.
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Key Takeaways
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Betters are attracted to the idea of a “Black Pope” and historical significance, both of which apply to Turkson.
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Cardinal Turkson’s roles appointed by Pope Francis included Chancellor duties and membership on the Pre-Synodal Council of the Special Assembly of the Synod of Bishops for the Pan-Amazon Region.
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