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.
Constrained by 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.
Hot Meme (ranked by trading volume):
First, 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 exceeded 70M, with over 330,000 transactions, which would make you think it's Solana.
However, in this sentiment, simply selecting meme coins by market capitalization is not very stable. 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 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: The 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
From the market capitalization, ARMY is currently the largest one in the XRP ecosystem.
The corresponding narrative is also relatively simple and straightforward, that is, to call on the holders of XRP to form an army (ARMY), we are not meme, we are Army; with a bit of fun in the English word ending sound 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 taking the 985 exam, but about rising to 589.
This strange number that looks like the reverse 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 relatively active, doing popularization 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 First Ledger
Creation time: 1 year ago
Current market cap: 10M
24-hour trading volume: 3M
24-hour price: 269%
CA: rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo
The classic animal narrative, its image is directly taken from an XRP Dev's pet dog, taking advantage of the focus on the person and the spread effect. It's worth mentioning that this SCRAP is also the first meme on the Ripple-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
The 589 is not explicitly stated in the name, but is simply called RIPPLE. But in terms of style, it is very similar to SPX6900 on Solana; the token was created 1 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, also showing 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
The narrative is very easy to understand. Ripple in English 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 to the cartoon and cute style.
Corresponding to the token design, 1,000,000 DROPs were manufactured, 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. Add BOT
The one currently discussed a lot is First Ledger, and a faster way is to directly add the corresponding BOT of this wallet in TG. Interested players can directly add the First Ledger BOT to their TG through this link.
2. Create 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 control of the private key is in your own hands.
3. Minimum XRP Deposit Requirement
After the wallet is created, you need to deposit a certain amount of XRP in it to ensure the normal operation of this wallet, the current minimum requirement is 11XRP.
4. Transfer to XRP
Interested players can remember the wallet address created by the Bot, and then transfer XRP to the newly created address on the CEX.
Note that the first part of the created wallet is the name you gave to the wallet, and the combination of numbers and letters starting with 'r' is the on-chain address.
5. Find the corresponding Meme and purchase
Taking the above-mentioned DROP as an example, if you need to purchase it, you can directly enter the CA of the Meme in the Bot wallet.
It should be noted that the token addresses in the XRP ecosystem mostly start with repeating numbers, and the lowercase 'r' letter is the beginning of the CA; players who are not sure can click on the corresponding token page on Dex Screener to the xrpscan of XRP, and then copy the CA in the red box as shown in the figure (case sensitive).
On the Bot page of First Ledger, you can directly enter the CA to call up the buy and sell commands, and then follow the prompts to operate.
However, the current use of this Bot is slightly sluggish, which may also be due to the influx of a large amount of hot money in a short period of time.
The coins on XRP may not be as hot as the Meme on Solana; but finding non-consensus opportunities when it is not so competitive is also a good choice.
Risk warning: Meme coins are highly volatile, and most tokens will eventually go to zero. Participating in Meme means huge risks, please participate with caution. This article is for information sharing only and does not constitute any investment advice.
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