Expert Says You’re Not ‘Locked In’ Until You Own XRP Coins Meme

Amid the impressive XRP price performance, market commentators are identifying the growing XRP coin market as a goldmine.

For context, XRP recently reclaimed the $3 mark for the first time since 2018, sparking a surge of interest from the broader crypto community. As investors turn their attention to XRP, a growing trend within its ecosystem has gone unnoticed: the rise of meme coins on the XRP Ledger (XRPL).

Notably, the XRPL meme coin market First of all gained ground after the launch of Memepada token issuance platform from Magnetic registration number of daily token issuances on XRPL by the end of October.

Prominent figures in the XRP community have drawn attention to this trend, highlighting the potential of meme coins. Polly, a prominent trader, noted that investors looking to capitalize on the growth of the ecosystem should own XRP meme coins.

“You are not locked up”

Polly suggested that investors who neglect XRPL meme coins in their portfolios are not truly “stuck,” a popular term in the community that refers to remaining focused on the right opportunities to achieve optimal returns.

If you don’t have one $XRP memecoins in your rn wallet. You are not locked up

-Polly (@0xsushi) January 14, 2025

Interestingly, other figures in the XRP community share a similar view. Crypto Bitlord, a notable commentator, highlighted several parts even the most efficient on the XRPL. He identified ARMY, JELLY, RipTard, PHINX And PONGO is a remarkable token with active communities and strong performance.

Bitlord suggested that these coins range from blue-chip to speculative investments. However, he warned of the risks associated with some meme coins, including team-led sales and carpet pulls.

Meanwhile, crypto investor Juke singled out RIBBLE as a promising token, noting its market cap growth from $250,000 to $800,000. Juke highlighted that frog-themed tokens have consistently performed well, suggesting that RIBBLE has the potential to take the lead during the next wave of volume spikes.

I posted on $RIBBLE at $250,000 mc, now at $800,000.

I see this as a leading meme on $XRP when the volume inputs start to increase. Frog memes have always worked well, and the ticker literally undulates with upside down p’s and a frog sound.

The writing is on the wall pic.twitter.com/LCuTlTKEWx

– Juke🔮💎 (@jukeybean) January 14, 2025

Despite the enthusiasm, some community members advised caution. Edoardo Farina, founder of Alpha Lions Academy, reminded investors of high risks involved with new coins.

Farina noted that some tokens could lose more than 90% of their value in a matter of minutes, urging traders to stick to well-established meme coins such as DROP, PHNIX, ARMY, BERT, and SIGMA.

Be careful everyone, new Meme coins can reach over 90% in just a few minutes ☠️

You have a better chance of sticking to the OGs:

– $DROP
– $PHNIX
– $ARMY
– $BERT
– $SIGMA

(…) pic.twitter.com/o6nG85uwB9

– EDO FARINA 🅧 XRP (@edward_farina) January 10, 2025

Best XRP Meme Coins on First Ledger

Notably, the increase in the number of meme coin launches has led to notable achievements on XRPL. Data from First ledger reveals ARMY as the largest meme coin by market cap, worth $85.5 million, with 11,657 holders and 47.9 million XRP in total trading volume.

PHINX follows as the second largest, with a market capitalization of $39.3 million, 13,914 holders and a trading volume of 40.2 million XRP. Other top tokens include LIHUA, valued at $23.5 million, SLT at $20.9 million, and DROP at $15.6 million.