• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Interest in Ripple Meme Coins: $ARMY, $SCRAP, $589 in Focus

user avatar

by Giorgi Kostiuk

a year ago

Meme coins on the Ripple network are rapidly gaining popularity, attracting investor attention and building active communities. Key players in this movement include new projects like RIPPLES and leading meme coins such as $ARMY, $SCRAP, and $589.

Emergence of New Projects on XRPL

One of the new projects on the XRP Ledger is RIPPLES, the first mobile game built on this platform. Initiatives like RIPPLES contribute to the mainstream appeal of the network, encouraging other projects to follow suit.

Impact on the Ripple Market

The rising interest in meme coins coincides with increased liquidity in XRP, particularly in perpetual futures. Speculation around XRP's price is intensifying, promoting a 'launchpad' effect that could lead to rapid price action.

HOLY SHIT!! THERE'S SO MUCH LIQUIDITY BUILDING UP ON XRP PERPS... THIS LOOKS LIKE A LAUNCHPAD!SIRTRADESALOT (@COOLBREEZE)

Future of Ripple Meme Coins

Despite current success, adoption of Ripple DeFi and EVM infrastructures is still lagging behind leading networks. However, the potential for growth exists, and many anticipate that future improvements could significantly alter the landscape.

Ripple meme coins continue to gain traction, potentially leading to significant shifts in the XRP ecosystem. This highlights the growing interest in new projects and possibilities within the Ripple network.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Political Dynamics Threaten Progress of Clarity Act

chest

Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.

user avatarLuis Flores

US Treasury Secretary Advocates for Clarity Act Amid Crypto Market Volatility

chest

US Treasury Secretary Scott Bessent emphasizes the need for the Clarity Act to stabilize the volatile crypto market.

user avatarArif Mukhtar

Bitcoin Market Faces Bearish Phase Amid Price Drop

chest

Speculations arise that the cryptocurrency market has entered a bearish phase following a significant drop in Bitcoin's price.

user avatarMaria Gutierrez

Mixin Network Announces Compensation Plan for Hack Victims

chest

Mixin Network has initiated a debt registration and repayment process for users affected by the September 2023 hack, offering compensation in stablecoins and tokenized claims.

user avatarDavid Robinson

Mixin Hacker Wallet Transfers $385 Million to Tornado Cash

chest

A wallet linked to the 2023 Mixin hack has transferred $385 million to a new wallet, which then sent the funds to Tornado Cash.

user avatarAndrew Smith

Goldman Sachs Invests Heavily in Solana Spot ETFs

chest

Goldman Sachs has made substantial investments in Solana Spot ETFs, totaling approximately $108 million, indicating a growing interest in altcoins and a shift towards broader crypto adoption by traditional financial institutions.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.