Written by: TechFlow
Welcome to the week of Ripple XRP's rise.
In the recent market recovery, this "old friend" unexpectedly became the focus.
This weekend, the market's attention was ignited by the amazing performance of XRP. This "ancient project" founded in 2012 showed unexpected vitality, with a 24-hour increase of more than 30%, and its market value surpassed Solana in one fell swoop, ranking third in the cryptocurrency market value ranking.
For many users in the Chinese community, this wave of market conditions may have come somewhat unexpectedly.
Due to the limitations of the information cocoon, XRP is often labeled as an "antique", and new players are often deterred from this "ancient coin".
However, looking at the global market, XRP is more active than people realize. In Upbit, South Korea's largest exchange, XRP continues to rank at the top of the trading volume list; at the same time, as the legal disputes related to Ripple gradually become clear, this sudden rise has also confirmed to some extent that global funds continue to be optimistic about XRP.
What should I do if I miss a wave of XRP's growth?
At present, the Ripple ecosystem is still weak in infrastructure areas such as DeFi, and related projects may not be the best choice. In contrast, some interesting opportunities have quietly emerged in the Meme coin ecosystem.
For this familiar yet unfamiliar old friend, we have reviewed the Memes with relatively large trading volumes and summarized the common participation tools, hoping to provide some reference for everyone.
Popular Memes (arranged by transaction volume):
The first thing to note is that in the short term, trading enthusiasm for Meme tokens within the XRP ecosystem is high.
Dex Screener data shows that the 24-hour transaction volume on the ecosystem's internal chain has reached more than 70M, and the number of transactions has reached 330,000. At first glance, I thought it was Solana.
In this sentiment, it is not safe to select memes based on market value alone. If you look closely at the memes in XRP, you will find that many of the memes with larger market value were created a few months or even 1-2 years ago, and they may not have trading volume now.
Therefore, we take stock of the hot memes based on the transaction volume in the last 24 hours, which can provide a better reference in terms of timeliness.
$Army: Players holding XRP call themselves an army
Created: 1 year ago
Current Market Value: 69M
24-hour trading volume: 14.5M
24-hour price: 21%
CA:
rGG3wQ4kUzd7Jnmk1n5NWPZjjut62kCBfC
Judging from the market value, ARMY is currently the largest one in XRP.
The corresponding narrative is also relatively simple and crude, which is to call on people holding XRP to form an army (ARMY). We are not Meme, we are Army; it has the fun of double rhyme of the ending sounds of English words and a strong sense of CX.
$589: Call for XRP to rise to 589
Created: 1 day ago
Current market value: 8M
24-hour trading volume: 10M
24-hour price: 160%
CA:
rfcasq9uRbvwcmLFvc4ti3j8Qt1CYCGgHz
The goal is not to get into 985, but to raise the score to 589.
This strange number, which looks like the opposite of 985, actually indicates the hope that XRP will rise to 589.
At the same time, the X account of this project is quite active and is doing popular science and tutorial work on how to get everyone involved in the XRP ecosystem. The simple symbol plus the fact that this is a newly created coin in the past day may also attract new players.
$SCRAP: XRP Developer’s Pet Dog, the First Meme in an Important Wallet App
Created: 1 year ago
Current market value: 10M
24-hour trading volume: 3M
24-hour price: 269%
CA:
rGHtYnnigyuaHehWGfAdoEhkoirkGNdZzo
The classic animal narrative, whose image is directly screenshotted from the pet dog of a certain XRP Dev, is more influenced by the speech and dissemination effect of the focus person. It is worth mentioning that this SCRAP is also the first Meme on the FIrst Ledger, a wallet associated with the Ripple ecosystem.
Regarding FIrst Ledger, there will be a detailed introduction later, which is similar to the function of Phantom Wallet on Solana.
$RIPPLE: The same name as Ripple, another 589 narrative
Created: 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. But in terms of style, it is very similar to the SPX6900 on Solana; the token was created 1 year ago, much earlier than the previous 589.
In addition, the 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 an open call, and also shows the support of some people for RIPPLE.
$DROP: Ripple water drop meme
Created: 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 actually means water ripples in English, and DROP means water drops, which means that water drops form ripples; the image design is more cartoon-like and cute.
Corresponding to the token design, 1,000,000 DROPs were produced, which means that each DROP initially corresponds to 0.000001 XRP.
Participation tool: 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 one is First Ledger. The quickest way is to add the corresponding Bot of this wallet directly in TG. Interested players can directly add the First Ledger Bot to their TG here.
2. Create a wallet
After adding the Bot, you need to click the Create Wallet command to set up a wallet bound to TG for yourself.
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, which also means that this wallet is non-custodial and the control of the private key is in your own hands.
3. Minimum XRP deposit amount requirement
After the wallet is created, you need to top up a certain amount of XRP in it to ensure the normal operation of the wallet. The current minimum requirement is 11XRP.
4. Transfer to XRP
Interested players can remember the wallet address created by the Bot, and then withdraw XRP to the newly created address in CEX.
Note that the first part of the created wallet is the name you give to the wallet, and the second part, the combination of numbers and letters starting with r, is the on-chain address.
5. Find the corresponding Meme and purchase it
Taking the above DROP as an example, if you need to purchase it, you can directly enter the CA of the Meme in the Bot wallet.
It should be noted here that the token addresses in the XRP ecosystem basically start with repeated numbers, and the last lowercase letter r is the token's CA; players who are unsure can click on the corresponding token page in Dex Screener to go to xrp's own browser xrpscan, and then copy it in the red box as shown in the figure below to find the CA (case sensitive).
On the First Ledger Bot page, simply enter CA to pull up the buy and sell orders, and then follow the prompts.
However, the Bot is currently experiencing some lags in use, which may be due to the influx of a large amount of hot money in a short period of time.
These coins on XRP may not be as popular as the Meme on Solana; but finding non-consensus opportunities when things are not so inward-looking is also a good choice.
Risk Warning: Meme coins fluctuate violently, and most tokens will eventually go to zero. Participating in Meme means huge risks, please participate with caution. This article is only for information sharing and does not constitute any investment advice.
