Missed out on XRP's gains? Take a look at the hot meme coins in the Ripple ecosystem (with a tutorial)

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Author: TechFlow

Welcome to the week when XRP woke up.

In the recent market recovery, this "old friend" unexpectedly became the focus.

This weekend, the market's attention was ignited by XRP's amazing performance. This "ancient project" established in 2012 has shown unexpected vitality, with a 24-hour increase of over 30%, and its market capitalization has surpassed Solana, ranking third in the cryptocurrency market capitalization ranking.

For many users in the Chinese community, this market trend may have come as a bit of a surprise.

Due to the limitations of the information cocoon, XRP is often labeled as an "antique" and new entrants often shy away from this "ancient old coin".

However, looking at the global market, XRP's activity is far beyond the general perception. On Upbit, the largest exchange in South Korea, XRP has consistently ranked among the top in trading volume; at the same time, as the legal disputes related to Ripple are gradually clarified, this sudden surge in price has to some extent confirmed the continued optimism of global capital towards XRP.

What should you do if you missed the XRP price surge?

Currently, the Ripple ecosystem is still relatively weak in areas such as DeFi infrastructure, and related projects may not be the best choice. In comparison, some interesting opportunities have quietly emerged in the ecosystem's meme coins.

For this familiar yet unfamiliar old friend, we have reviewed the meme coins with relatively large trading volumes and summarized the common participation tools, hoping to provide some reference for everyone.

Popular Meme (ranked by trading volume):

First of all, it should be noted that the trading enthusiasm for meme tokens within the XRP ecosystem has been high in the short term.

Dex Screener data shows that the 24-hour on-chain trading volume in this ecosystem has reached over 70M, with 330,000 transactions, which would make you think it's Solana.

In this sentiment, selecting meme coins solely by market capitalization is not a stable approach. If you look closely at the meme coins in XRP, you'll find that many of the larger market cap ones were created months or even 1-2 years ago, and may not necessarily have high trading volume now.

Therefore, we have reviewed the hot meme coins based on the trading volume in the last 24 hours, which can provide more timely reference.

$Army: Players who hold XRP call themselves an army

Creation time: 1 year ago

Current market cap: 69M

24-hour trading volume: 14.5M

24-hour price: 21%

CA:

rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC

In terms of market capitalization, ARMY is currently the largest one in XRP.

The corresponding narrative is also quite simple and straightforward, which is to call on holders of XRP to form an army (ARMY), we are not a meme, we are an Army; with a bit of fun in the English word endings and a strong sense of CX.

$589: Calling for XRP to rise to 589

Creation time: 1 day ago

Current market cap: 8M

24-hour trading volume: 10M

24-hour price: 160%

CA:

rfcasq9uRbvwcmLFvc4ti3j8Qt1CYCGgHz

It's not about getting into a 985 university, but about rising to 589.

This strange number that looks like it's the opposite of 985 is actually referring to the hope that XRP will rise to 589.

At the same time, the X account of this project is quite active, doing popular science and tutorials on how to participate in the XRP ecosystem, the simple symbol combined with the fact that this coin was created just a day ago may also attract new players.

$SCRAP: XRP developer's pet dog, the first meme in the important wallet app

Creation time: 1 year ago

Current market cap: 10M

24-hour trading volume: 3M

24-hour price: 269%

CA:

rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo

A classic animal narrative, with the image directly taken from an XRP developer's pet dog, capitalizing on the comments and propagation effect of the focal person. It is worth mentioning that this SCRAP is also the first meme on the Ripple ecosystem-related wallet FIrst Ledger.

About FIrst Ledger, there will be a detailed introduction later, similar to the role of Phantom Wallet on Solana.

$RIPPLE: Named after Ripple, another 589 narrative

Creation time: 1 day ago

Current market cap: 8M

24-hour trading volume: 10M

24-hour price: 424%

CA:

rMgrYs2XYgbGaLZ19HbUXfi9rpsaFQYwgc

This 589 is not explicitly stated in the name, but is directly called RIPPLE. But in terms of style, it is very similar to SPX6900 on Solana; the token was created a year ago, much earlier than the previous 589.

In addition, the well-known X user @crypto_bitlord7 publicly stated that he holds 3% of the tokens and provided his wallet for monitoring:

rfd3dzhvdUeeYim2APGUFq5cMXS8WrpCi

This is equivalent to openly shilling, and also shows the support of some people for RIPPLE.

$DROP: Ripple water drop meme

Creation time: 1 year ago

Current market cap: 7.7M

24-hour trading volume: 1.6M

24-hour price: 50%

CA:

rszenFJoDdiGjyezQc8pME9KWDQH43Tswh

This narrative is very easy to understand. Ripple actually means the ripple of water, and DROP means the water drop, meaning that the water drops make up the ripple; the image design is more inclined towards a cartoon and cute style.

In terms of token design, 1,000,000 DROPs were minted, representing that each DROP initially corresponds to 0.000001 XRP.

Participation Tool: First Ledger

Since XRP has its own architecture and contract writing methods, a separate wallet is needed to participate in the meme within the ecosystem.

  1. AddBOT

Currently, the one discussed the most is First Ledger, and a faster way is to directly add the corresponding Bot of this wallet in TG. Interested players can directly click here to add the First Ledger Bot to their TG.

2. Create a wallet

After adding the Bot, you need to click on the create wallet command to set up a wallet bound to your TG.

At the same time, note that this step is different from the Bot on Solana, the wallet created in this step will require you to save your seed phrase, which means that this wallet is non-custodial and the private key control is in your own hands.

3. Minimum XRP deposit amount requirement

After the wallet is created, you need to deposit a certain amount of XRP into it to ensure the normal operation of this wallet, the current minimum requirement is 11XRP.

4. Transfer in XRP

Interested players can remember the wallet address created by the Bot, and then transfer XRP from the CEX to the just-created address.

Note that the first part of the created wallet is the name you gave to the wallet, and the r-starting numeric letter combination at the end is the on-chain address.

5. Find the corresponding meme and purchase

Taking DROP as an example, if you need to purchase it, you can directly enter the CA of this meme in the Bot wallet.

It should be noted that the token addresses in the XRP ecosystem mostly start with repeating digits, and the CA (contract address) only starts with a lowercase 'r' letter. Unsure players can click on the corresponding token page in Dex Screener and then copy the CA (case sensitive) from the red box shown in the image on the xrpscan.

On the First Ledger Bot page, you can directly enter the CA to initiate the buy and sell commands, and then follow the prompts.

However, the Bot is currently experiencing some lag, which may be due to the influx of hot money in a short period of time.

These tokens on XRP may not be as popular as the Meme tokens on Solana, but finding non-consensus opportunities when the market is not too competitive can also be a good choice.

Risk Warning: Meme tokens are highly volatile, and most tokens will eventually go to zero. Participating in Meme means taking huge risks, please participate with caution. This article is for information sharing only and does not constitute any investment advice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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