Original title: (Missed the rise of XRP? Why not take a look at the hot Meme coins in the Ripple ecosystem (with participation tutorial))
Original source: Deep Tide TechFlow
Welcome to the week awakened by the rise of Ripple XRP.
In the recent market recovery, it was unexpected that this 'old friend' suddenly became the focus.
This weekend, the market's attention was ignited by XRP's astonishing performance. This 'ancient project' established in 2012 demonstrated unexpected vitality, with a 24-hour increase surpassing 30%, and its market value overtaking Solana, jumping to third place in the cryptocurrency market cap rankings.
For many users in the Chinese community, this wave of market activity may come as a bit of a surprise.
Under the limitations of information silos, XRP is often labeled as an 'antique', and new entrants often hesitate before this 'ancient coin'.
However, looking at the global market, the activity of XRP far exceeds recognition. In South Korea's largest exchange Upbit, XRP continues to rank high in trading volume; at the same time, as the related legal disputes surrounding Ripple gradually become clearer, this sudden surge somewhat confirms the ongoing optimism of global funds towards XRP.
What should you do if you miss a wave of XRP's rise?
Currently, the Ripple ecosystem is still weak in areas such as DeFi infrastructure, and related projects may not be the best choice. In contrast, Meme coins in the ecosystem have quietly emerged with some interesting opportunities.
For this familiar yet unfamiliar old friend, we have reviewed the Memes with relatively large trading volumes and summarized common participation tools for 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 surging in the short term.
Dex Screener data shows that the on-chain trading volume within this ecosystem has reached over 70M in the last 24 hours, with the number of trades hitting 330,000, making it appear at first glance as if it were Solana.
In this sentiment, selecting Memes solely based on market value is not reliable. If you look closely at the Memes in XRP, you'll find many with large market values were created months or even 1-2 years ago and may not have trading volume now.
Therefore, we will take stock of the hot Memes based on the trading volume in the last 24 hours, which can provide more timely references.
$Army: Players holding XRP refer to themselves as a troop
Creation time: 1 year ago
Current market value: 69M
24-hour trading volume: 14.5M
24-hour price: 21%
CA: rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC
From a market value perspective, ARMY is currently indeed the largest among XRP.
The corresponding narrative is also quite straightforward, calling on XRP holders to form an army (ARMY); we are not Meme, we are Army; it carries a playful and strong CX feeling with a bit of alliteration.
$589: Calling for XRP to rise to 589
Creation time: 1 day ago
Current market value: 8M
24-hour trading volume: 10M
24-hour price: 160%
CA: rfcasq9uRbvwcmLFvc4ti3j8Qt1CYCGgHz
It's not about passing 985, but about rising to 589.
This strange number, which seems to be the opposite of 985, actually refers to the hope that XRP rises to 589.
At the same time, the project's X account is quite active, working on how to get everyone involved in the XRP ecosystem with educational materials and tutorials. The simple symbols combined with the fact that this is a newly created coin in the recent day may attract new players.
$SCRAP: XRP developer's pet dog, the first Meme in important wallet apps
Creation time: 1 year ago
Current market value: 10M
24-hour trading volume: 3M
24-hour price: 269%
CA: rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo
A classic animal narrative, whose image is directly captured from a pet dog of a certain XRP Dev, which relies on the statements and dissemination effects of key figures. It is worth mentioning that this SCRAP is also the first Meme on the Ripple ecosystem-related wallet First Ledger.
More details about First Ledger will be provided later, similar to the role of Phantom Wallet on Solana.
$RIPPLE: Another narrative of 589 with the same name as Ripple
Creation time: 1 day ago
Current market value: 8M
24-hour trading volume: 10M
24-hour price: 424%
CA: rMgrYs2XYgbGaLZ19HbUXfi9rpsaFQYwgc
This 589 is not marked in the name, but is directly called RIPPLE. However, from the style, it is very similar to SPX6900 on Solana; the token was created 1 year ago, much earlier than the previous 589.
In addition, well-known X user @crypto_bitlord7 publicly stated that he holds 3% of the tokens and provided his wallet for monitoring:
rfd3dzhvdUeeYim2APGUFq5cMXS8WrpCi
This wave is equivalent to a clear signal, showing some people's support for RIPPLE.
$DROP: Ripple drop meme
Creation time: 1 year ago
Current market value: 7.7M
24-hour trading volume: 1.6M
24-hour price: 50%
CA: rszenFJoDdiGjyezQc8pME9KWDQH43Tswh
This narrative is very easy to understand. Ripple in English actually means ripples of water, and DROP means water droplet, signifying that water droplets make up ripples; the design is more cartoonish and cute.
In terms of token design, 1,000,000 DROP have been created, 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 most discussed topic is First Ledger, and a quicker way is to directly add the corresponding Bot of this wallet in TG. Interested players can add First Ledger's Bot to their TG directly from here.
2. Create a wallet
After adding the Bot, you need to click the create wallet command to set up a wallet linked to TG.
Also note that this step is different from the Bot on Solana; the wallet created in this step will require you to save your own mnemonic phrase, which also means that this wallet is non-custodial, and you have control over the private key.
3. Minimum XRP deposit amount requirement
After the wallet is created, a certain amount of XRP needs to be deposited to ensure the normal operation of this wallet, with the current minimum requirement being 11 XRP.
4. Transfer XRP
Interested players can remember the wallet address created after adding the Bot, and then deposit XRP into the newly created address in CEX.
Note that the first part of the created wallet is the name you give the wallet, while the latter part starting with r is the on-chain address.
5. Find the corresponding Meme and purchase it
Taking DROP as an example, if you want to purchase, you can directly input the CA of that Meme in the Bot wallet.
It is important to note that the token addresses within the XRP ecosystem generally start with repeated numbers, and only the last lowercase r starting letter is the token's CA; players who are unsure can click the corresponding token page in Dex Screener to their own XRP browser xrpscan and follow the red box shown in the image below to copy the CA (case sensitive).
On the First Ledger's Bot page, you can directly input CA to bring up buy and sell commands, then follow the prompts to operate.
However, the Bot currently experiences slight lag, possibly due to a sudden influx of hot money in a short period.
These coins on XRP may not be as popular as Memes on Solana; however, finding non-consensus opportunities when things are less competitive is also a good choice.
Risk warning: Meme coins are extremely volatile, and most tokens will ultimately head towards 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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