Perhaps it won't be as popular as the memes on Solana, but finding non-consensus opportunities when the competition is less intense is also a good choice.
Written by: Deep Tide TechFlow
Welcome to a week awakened by the rise of Ripple XRP.
In the recent market recovery, this "old friend" unexpectedly became the focus.
This weekend, the market's attention was ignited by XRP's astonishing performance. This "ancient project," established in 2012, has shown surprising vitality, with a 24-hour increase of over 30%, and its market capitalization has surpassed Solana, jumping to third place in the cryptocurrency market capitalization rankings.
For many users in the Chinese community, this wave of market activity may have come as a surprise.
Within the limitations of information silos, XRP is often labeled as an "antique," and new players often hesitate to engage with this "ancient coin."
However, looking at the global market, XRP's activity far exceeds common perceptions. At South Korea's largest exchange, Upbit, XRP consistently ranks among the top in trading volume; meanwhile, as the legal disputes surrounding Ripple become clearer, this sudden surge in price somewhat confirms the ongoing optimism of global funds towards XRP.
What should you do if you missed the surge in XRP?
Currently, the Ripple ecosystem still appears weak in the DeFi and other infrastructure sectors, and related projects may not be the best choice. In contrast, some interesting opportunities have quietly emerged among the meme coins in the ecosystem.
For this familiar yet unfamiliar old friend, we have compiled a list of meme coins with relatively high trading volumes and summarized common participation tools, hoping to provide some reference.
Popular Memes (sorted by trading volume):
First, it is important to note that the trading enthusiasm for meme tokens within the XRP ecosystem is currently high.
According to Dex Screener data, the on-chain trading volume within this ecosystem has exceeded 70M in the last 24 hours, with the number of transactions reaching 330,000, making one think it was Solana at a glance.
In this sentiment, selecting memes solely based on market capitalization is not reliable. If you take a closer look at the memes in XRP, you will find that many of the larger market cap tokens were created months or even 1-2 years ago and may not necessarily have current trading volume.
Therefore, we will review the hot memes based on the trading volume in the last 24 hours, which can provide more timely references.
$Army: Players holding 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 cap, ARMY is currently indeed the largest in XRP.
Its corresponding narrative is quite simple and straightforward, calling on XRP holders to form an army (ARMY); we are not a meme, we are an Army; it has a playful double rhyme in English and a strong CX feel.
$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 aiming for 985, but about rising to 589.
This strange number, which seems to be the opposite of 985, actually refers to the hope that XRP will rise to 589.
At the same time, the project's X account is quite active, working on how to engage everyone in the XRP ecosystem through educational content and tutorials. The simple symbol combined with the fact that this is a newly created coin in the last day may attract new players.
$SCRAP: The pet dog of XRP developers, the first meme in an 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, its image is directly taken from the pet dog of a certain XRP developer, leveraging the commentary and dissemination effects of key figures. It is worth mentioning that SCRAP is also the first meme on the Ripple ecosystem's wallet, First Ledger.
More details about First Ledger will be provided 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. However, in style, it is very similar to SPX6900 on Solana; the token was created a year ago, much earlier than the previous 589.
Additionally, well-known X user @crypto_bitlord7 publicly stated that he holds 3% of the tokens and provided his wallet for monitoring:
rfd3dzhvdUeeYim2APGUFq5cMXS8WrpCi
This move is essentially a public endorsement, showing some people's support for RIPPLE.
$DROP: The Ripple water droplet 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. The English word "Ripple" actually means the ripples of water, while "DROP" means a water droplet, implying that water droplets create ripples; the design is more cartoonish and cute.
In terms of token design, 1,000,000 DROP tokens were created, representing that each DROP initially corresponds to 0.000001 XRP.
Participation Tools: First Ledger
Since XRP has its own architecture and contract writing methods, a separate wallet is needed to participate in the memes within the ecosystem.
- AddBOT
Currently, the most discussed option is First Ledger, and a quick way is to directly add the corresponding Bot of this wallet in TG. Interested players can directly add First Ledger's Bot to their TG here.
2. Create a wallet
After adding the Bot, you need to click the command to create a wallet and set up a wallet linked to your TG.
Note that this step is different from the Bot on Solana; the wallet created in this step will require you to save your mnemonic phrase, meaning this wallet is non-custodial, and you control the private key.
3. Minimum XRP deposit requirement
After the wallet is created, you need to deposit a certain amount of XRP to ensure the normal operation of this wallet; the current minimum requirement is 11 XRP.
- Transfer XRP
Interested players can remember the wallet address created after adding the Bot, and then they can deposit XRP from a CEX into the newly created address.
Note that the first part of the created wallet is the name you assigned to the wallet, while the latter part starting with the letter "r" is the on-chain address.
- Find the corresponding meme and purchase
Taking DROP as an example, if you want to purchase it, you can directly input the CA of that meme in the Bot wallet.
It is important to note that the token addresses in the XRP ecosystem generally start with repeated numbers, and the actual token CA starts with the lowercase letter "r"; players who are unsure can click on the corresponding token page in Dex Screener to find the CA in the red box shown in the image below (case-sensitive).
In the First Ledger Bot page, simply input the CA to initiate the buy/sell command, and then follow the prompts to proceed.
However, currently, the Bot may experience some lag, possibly due to a sudden influx of hot money in a short period.
These coins on XRP may not be as popular as the memes on Solana; however, finding non-consensus opportunities when the competition is less intense is also a good choice.
Risk Warning: Meme coins are highly volatile, and most tokens will ultimately trend towards zero. Participating in memes entails significant risks; please participate cautiously. This article is for informational sharing only and does not constitute any investment advice.
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