Written by: Deep Tide TechFlow
Welcome to the week awakened by the rise of 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 showed unexpected vitality, with a 24-hour increase exceeding 30%, and its market value surpassing Solana, ranking third in the cryptocurrency market capitalization leaderboard.
For many users in the Chinese community, this round of market conditions may have come somewhat unexpectedly.
Under the limitations of the information cocoon, XRP is often labeled as an 'old antique', and new players often shy away from this 'ancient coin'.
However, looking at the global market, the activity of XRP far exceeds perception. In South Korea's largest exchange Upbit, XRP consistently ranks high in transaction volume; meanwhile, as the legal disputes related to Ripple gradually become clearer, this sudden rise somewhat confirms the continuous optimism of global capital towards XRP.
Having missed a wave of XRP's rise, what should one do?
Currently, the Ripple ecosystem still appears weak in the DeFi and other infrastructure sectors, and related projects may not be the best choices. In contrast, some interesting opportunities have quietly emerged among the Meme coins in the ecosystem.
For this familiar yet strange old friend, we looked at the trading volume of larger Meme and summarized common participation tools, hoping it will be of reference to everyone.
Popular Memes (sorted by trading volume):
First of all, it is important to note that the trading enthusiasm for Meme tokens in the XRP ecosystem is high in the short term.
Dex Screener data shows that the 24-hour trading volume on the chain within this ecosystem has exceeded 70M, with the number of transactions reaching 330,000, making one think it was Solana.
In this sentiment, simply selecting Meme based on market value is not reliable. If you look closely at the Memes in XRP, you'll find that many with larger market values were created months or even 1-2 years ago and may not necessarily have trading volume now.
Therefore, we conducted an inventory of hot Memes based on the trading volume in the last 24 hours, which can also provide more timely references.
$Army: Players holding XRP refer to themselves as an army
Creation time: 1 year ago
Current market value: 69M
24-hour trading volume: 14.5M
24-hour price: 21%
CA:
rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC
From the market value perspective, ARMY is indeed currently the largest in XRP.
The corresponding narrative is also quite simple and straightforward, which is to call on holders of XRP to form an army (ARMY), we are not Meme, we are Army; it has a hint of wordplay and strong CX feeling.
$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 the 985 exam, but about rising to 589.
This strange number that 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 educating everyone on how to participate in the XRP ecosystem, simple symbols along with this newly created coin in the last day may also attract new players.
$SCRAP: The pet dog of XRP developers, 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
Classic animal narrative, its image is directly screenshot from a Dev's pet dog in XRP, focusing on the remarks and dissemination effects of prominent figures. It's worth mentioning that this SCRAP is also the first Meme on the wallet First Ledger related to the Ripple ecosystem.
Regarding First Ledger, there will be a detailed introduction later, similar to the role of Phantom Wallet on Solana.
$RIPPLE: Another 589 narrative named after Ripple
Creation time: 1 day ago
Current market value: 8M
24-hour trading volume: 10M
24-hour price: 424%
CA:
rMgrYs2XYgbGaLZ19HbUXfi9rpsaFQYwgc
The 589 is not marked 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.
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 call and also shows some people's support for RIPPLE.
$DROP: Ripple water droplet 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 the ripples of water, while DROP means water droplet, implying that water droplets form ripples; the image design is more cartoonish and cute.
Corresponding to the token design, 1,000,000 DROP have been 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.
Add BOT
Currently, the most discussed topic is First Ledger, and a quick way is to directly add the corresponding Bot of that wallet in TG. Interested players can directly add the Bot of First Ledger 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 linked to TG for yourself.
Also note that this step is different from the Bot on Solana, this step in creating a wallet will require you to save your mnemonic phrase, which means this wallet is non-custodial, and the control of the private key is in your hands.
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 a current minimum requirement of 11 XRP.
4. Transfer to XRP
Interested players can remember the wallet address after the Bot is created, 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 to the wallet, while the latter part with numbers and letters starting with 'r' is the on-chain address.
5. Find the corresponding Meme and purchase
Taking DROP as an example, if you need to purchase, you can directly enter the CA of that Meme in the Bot wallet.
It is important to note that token addresses within the XRP ecosystem generally start with repeating numbers, and only those starting with the lowercase letter 'r' at the end are the token's CA; unsure players can click on the corresponding token page in Dex Screener to access XRP's own browser xrpscan, and then copy from the red box as shown in the figure below to find the CA (case-sensitive).
On the Bot page of First Ledger, simply enter CA to pull up the buy and sell commands, and then follow the prompts to operate.
However, currently the Bot usage is somewhat lagging, possibly due to a large influx of hot money in a short time.
These coins on XRP may not be as popular as the Memes on Solana; however, finding non-consensus opportunities when competition is not so intense is also a good choice.
Risk warning: Meme coins are highly volatile, and most tokens will ultimately head towards zero. Participating in Meme means significant risks, please participate cautiously. This article is for information sharing only and does not constitute any investment advice.
