Meme coin on the XRP Ledger network benefits after XRP price rises 92% in one week

After the price of XRP rose 92% in one week, meme coin projects on the XRP Ledger network have attracted significant interest from investors. This price increase is not only limited to the performance of XRP but has also boosted investment activity in new meme tokens, such as $XRP589, which reached a market capitalization of 8 million dollars in a short time. XRP's strong growth has stimulated positive sentiment in the community, leading many to believe that this is a good time to invest in meme coin projects, especially as the crypto market shows signs of strong recovery.

Although investment risks are unavoidable, with XRP's upward momentum and the influx of many new accounts into the network, meme coin projects could become attractive investments. The number of active accounts on the XRP Ledger has doubled, indicating the growing interest of the community in this network, which may support the development of meme coin projects in the future.