Original Author: 深潮 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, market attention was ignited by XRP's astonishing performance. This 'ancient project' established in 2012 has shown unexpectedly vitality, with a 24-hour increase of over 30%, and its market value has surpassed Solana, jumping to the third position in the cryptocurrency market cap ranking.
For many users in the Chinese community, this wave of market movements may have come a bit unexpectedly.
Under the limitations of the information cocoon, XRP is often labeled as an 'antique', and new players often hesitate to approach this 'ancient coin'.
However, looking at the global market, XRP's activity far exceeds perceptions. In South Korea's largest exchange Upbit, XRP has consistently ranked high in trading volume; at the same time, as the legal disputes related to Ripple gradually become clearer, this sudden rise to some extent also confirms the global capital's continued optimism towards XRP.
Having missed a wave of XRP's rise, what should one do?
Currently, the Ripple ecosystem still appears weak in fields like DeFi 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 analyzed the Meme with relatively high trading volume and summarized common participation tools, hoping to provide some reference for everyone.
Popular Memes (sorted by trading volume):
First, it is important to note that the enthusiasm for trading Meme tokens within the XRP ecosystem is high in the short term.
Dex Screener data shows that the on-chain trading volume in this ecosystem has reached over 70 M in the last 24 hours, with the number of transactions reaching 330,000; at first glance, it could be mistaken for Solana.
In this sentiment, selecting Meme solely based on market value is not reliable. If you take a closer look at the Meme in XRP, you will 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 have compiled a review of the hot Memes based on the trading volume in the last 24 hours, which also provides a more timely reference.
$Army: Players holding XRP refer to themselves as a troop.
Creation Time: 1 Year Ago
Current Market Value: 69 M
24 Hour Trading Volume: 14.5 M
24 Hour Price: 21%
CA:
rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC
In terms of market value, ARMY is currently indeed the largest one in XRP.
The corresponding narrative is also relatively simple and straightforward, calling for people holding XRP to form an army (ARMY); we are not memes, we are an army; it has a bit of playful phonetic rhyme and a strong CX feel.
$ 589: Calling for XRP to rise to 589
Creation Time: 1 Day Ago
Current Market Value: 8 M
24 Hour Trading Volume: 10 M
24 Hour Price: 160%
CA:
rfcasq9uRbvwcmLFvc4ti3j8Qt1CYCGgHz
It's not about getting into 985, but about rising to 589.
This strange number, which looks opposite to 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 get everyone involved in the XRP ecosystem with popular science and tutorials. The simple symbols 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 important wallet apps.
Creation Time: 1 Year Ago
Current Market Value: 10 M
24 Hour Trading Volume: 3 M
24 Hour Price: 269%
CA:
rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo
A classic animal narrative, its image is directly captured from the pet dog of a certain XRP Dev, which plays on the commentary and communication effects of the focus person. It is worth mentioning that this SCRAP is also the first Meme on the wallet First Ledger associated with 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: 8 M
24 Hour Trading Volume: 10 M
24 Hour Price: 424%
CA:
rMgrYs2XYgbGaLZ19HbUXfi9rpsaFQYwgc
This 589 is not marked in the name, but is directly called RIPPLE. However, in style, it is very similar to SPX 6900 on Solana; the token was created 1 year ago, much earlier than the previous 589.
In addition, well-known X user @crypto_bitlord 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 Water Drop Meme
Creation Time: 1 Year Ago
Current Market Value: 7.7 M
24 Hour Trading Volume: 1.6 M
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 a water drop, indicating that drops of water form ripples; the imagery design is more cartoonish and cute.
Corresponding to the token design, 1,000,000 DROP has 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 method, you need to find a separate wallet to participate in the Meme within the ecosystem.
1. Add BOT
Currently, the most discussed is First Ledger, and a quick way is to directly add the corresponding Bot of that wallet in TG. Interested players can directly add First Ledger's Bot to their TG from here.
2. Create Wallet
After adding the Bot, you need to click on the create wallet command to set up a wallet linked to your 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 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.
4. Transfer XRP
Interested players can remember the wallet address created after the Bot, and then can deposit XRP into the newly created address in CEX.
Note that the first part of the created wallet is the name you gave it, 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 Meme's CA in the Bot wallet.
It should be noted that token addresses in the XRP ecosystem generally start with repeated numbers, and the token's CA begins with the lowercase letter 'r'; unsure players can click on the corresponding token page in Dex Screener to find the CA from xrpscan, as shown in the red box in the image (case-sensitive).
On the Bot page of First Ledger, simply input CA to pull up the buy and sell command, and then follow the prompts to operate.
However, currently the Bot is slightly lagging, possibly due to a sudden 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 in less competitive times is also a good choice.
Risk Warning: Meme coins are highly volatile, and most tokens will ultimately trend towards zero. Participating in Meme entails significant risks; please participate cautiously. This article is for informational sharing only and does not constitute any investment advice.
