XRP is seeing a resurgence. What are some potential hot memes within the ecosystem?

Original Article Title: "Missed out on XRP's Price Surge? You Might Want to Check Out the Hot Meme Coins in the Ripple Ecosystem (with Participation Guide)"

Original Source: DeepTech TechFlow

Welcome to a week awakened by the rise of Ripple XRP.

In the recent market recovery, this "old friend" unexpectedly became the center of attention.

Over the weekend, market attention was ignited by XRP's amazing performance. The "ancient project" founded in 2012 showed surprising vitality, with a 24-hour surge of over 30%, surpassing Solana in market value and rising to third place in the cryptocurrency market value rankings.

For many users in the Chinese community, this wave of market activity may have come somewhat unexpectedly.

Within the confines of information silos, XRP is often labeled as an "antique," and new entrants to the space often hesitate to engage with this "ancient coin."

However, looking at the global market, XRP's activity far exceeds common knowledge. In South Korea's largest exchange, Upbit, XRP consistently ranks high on the trading volume list; and as the legal disputes related to Ripple gradually clarify, this sudden surge in price, to some extent, also confirms the ongoing global confidence in XRP.

If you missed out on XRP's price surge, what should you do?

Currently, the Ripple ecosystem still appears weak in infrastructure such as DeFi, and related projects may not be the best choice. In contrast, some interesting opportunities have emerged in the ecosystem's Meme coins.

To this familiar yet unfamiliar old friend, we have looked into the Meme coins with significant trading volumes and summarized common participation tools, hoping it will be helpful to everyone.

Popular Memes (Ranked by Trading Volume):

First and foremost, it is important to note that the trading enthusiasm for Meme tokens within the XRP ecosystem has surged in the short term.

Dex Screener data shows that the on-chain 24-hour trading volume in this ecosystem has exceeded 70M, with the number of transactions reaching 330,000. At first glance, one might mistake it for Solana.

However, in this emotional atmosphere, selecting Memes based solely on market capitalization is not advisable. If you take a closer look at the Memes in XRP, you will find that many of the larger market cap coins were created several months or even 1-2 years ago and may not currently have significant trading volume.

Therefore, we will take stock of the hot Meme in terms of trading volume in the last 24 hours, which will also provide more timely reference.

$Army: Players holding XRP refer to themselves as an army

Creation Date: 1 year ago

Current Market Cap: 69M

24h Trading Volume: 14.5M

24h Price: 21%

CA: rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC

From a market cap perspective, ARMY is indeed the largest in XRP at the moment.

Its corresponding narrative is relatively straightforward and aggressive, calling on XRP holders to form an army (ARMY) – we are not a Meme, we are an Army – adding a bit of fun with the doubled ending of an English word and a strong CX appeal.

$589: Calls for XRP to rise to 589

Creation Date: 1 day ago

Current Market Cap: 8M

24h Trading Volume: 10M

24h Price: 160%

CA: rfcasq9uRbvwcmLFvc4ti3j8Qt1CYCGgHz

Not aiming for 985, but aiming for 589.

This strange number that looks like the reverse of 985 actually refers to the hope for XRP to rise to 589.

At the same time, the project's X account is quite active, engaging in popularization and tutorial work on how to participate in the XRP ecosystem, with a simple symbol and being a coin created just within the last day, potentially attracting newcomers.

$SCRAP: XRP developers' pet dog, the first Meme in the important wallet app

Creation Time: 1 year ago

Current Market Cap: 10M

24h Trading Volume: 3M

24h Price: 269%

CA: rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo

A classic animal narrative, whose image is directly taken from the pet dog of a certain XRP Dev, comparing the remarks and viral effect of the focus character. It is worth mentioning that this SCRAP is also the first Meme on the wallet associated with the Ripple ecosystem, FIrst Ledger.

More details about FIrst Ledger will be provided in the following sections, similar to the role of the Phantom Wallet on Solana.

$RIPPLE: Named after Ripple, another 589 narrative

Creation Time: 1 day ago

Current Market Cap: 8M

24h Trading Volume: 10M

24h Price: 424%

CA: rMgrYs2XYgbGaLZ19HbUXfi9rpsaFQYwgc

This 589 is not explicitly named but is directly called RIPPLE. However, in style, it is very similar to SPX6900 on Solana; the token's creation time was much earlier than the previous 589.

Furthermore, prominent X user @crypto_bitlord7 publicly stated that they hold 3% of the tokens and provided their wallet for monitoring:

rfd3dzhvdUeeYim2APGUFq5cMXS8WrpCi

This move is like revealing your cards in a card game, showing some people's support for RIPPLE.

$DROP: Ripple Droplet Meme

Creation Time: 1 year ago

Current Market Cap: 7.7M

24-Hour Trading Volume: 1.6M

24-Hour Price Change: 50%

CA: rszenFJoDdiGjyezQc8pME9KWDQH43Tswh

This narrative is very easy to understand. Ripple, in English, actually means the ripple of water, while DROP means a water droplet, implying that water droplets make up the ripple; the visual design leans more towards a cartoon and cute style.

Translating this into 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 method, a separate wallet is needed to participate in the ecosystem's Meme.

1. Add BOT

Currently, the wallet that most people are discussing is First Ledger, and the quickest way is to directly add the corresponding Bot of this wallet on TG. Interested players can directly do so here to add First Ledger's Bot to their TG.

2. Create Wallet

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

At the same time, please note that this step is different from the Bot on Solana. The wallet created at this step will require you to save your mnemonic phrase, which also means that this wallet is non-custodial, and you have control of the private key.

3. Minimum XRP Deposit Requirement

Once the wallet is created, you need to deposit a certain amount of XRP into it to ensure the wallet's normal operation. Currently, the minimum requirement is 11 XRP.

4. Deposit XRP

Interested players can take note of the wallet address after the Bot is created, and then can deposit XRP into the newly created address on a CEX.

Keep in mind that the first part of the created wallet is the name you assigned to the wallet, and the second part, a string of alphanumeric characters starting with r, is the on-chain address.

5. Find the Corresponding Meme and Make a Purchase

Using the example of the previous DROP text, suppose you need to make a purchase. You can directly input the CA of this Meme into the Bot's wallet.

It is important to note that token addresses in the XRP ecosystem mostly start with repeating numbers, and the actual token's CA begins with a lowercase r. For uncertain players, you can click on the corresponding token page in the Dex Screener to go to XRP's own browser xrpscan, and then copy it as shown in the red box in the following image to find the CA (case-sensitive).

On the First Ledger's Bot page, you can directly input the CA to initiate the buy/sell command, and then follow the prompts accordingly.

However, currently, this Bot experiences some lag in usage, possibly due to a large influx of hot money in a short period.

These coins on XRP may not be as hot as the Meme coins on Solana; however, finding a non-consensus opportunity in a less insular environment is also a good choice.

Risk Warning: Meme coins are highly volatile, and most tokens will eventually trend towards zero. Participating in Meme coins entails significant risk, so please participate with caution. This article is for informational purposes only and does not constitute any investment advice.

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