XRP Rising Crazy? This is a list of XRP Meme Coins that can make you rich!

Bittime - After XRP skyrocketed more than 200% in November. However, what is no less interesting is the latest phenomenon in the crypto world: XRP Meme Coin. 

Meme tokens built on top of the XRP Ledger (XRPL) are now a hot topic among traders. This is because these coins offer huge profits in a short period of time. 

With fast transaction speeds, low fees, and high scalability, XRPL is an ideal home for meme coins looking to chase popularity—and profits.

Lantas, toWhat makes the XRP-based meme coin interesting? In this article, we will discuss in more depth about XRP Meme Coins, as well as reviewing five XRP-based meme coins that are currently on the rise and have the potential to provide big profits. 

What Is XRP Meme Coin?

XRP Meme Coin is a token built on top of the XRP Ledger. These coins are built using Ripple blockchain technology which has been proven to be fast, efficient and environmentally friendly. 

Like other meme coins, XRP meme coins are often launched for speculative purposes, following trends or popular memes in the crypto community. 

However, there are also those who are trying to build a more sustainable ecosystem with deflationary mechanisms and innovative features, such as Automated Market Maker (AMM) and NFT (Non-Fungible Token) integration.

Meme coin XRP, although relatively new, has attracted the attention of investors thanks to its huge profit potential. As the price of XRP surges, the popularity of meme tokens on XRPL also increases, attracting more traders from other blockchains. 

What makes XRP meme coin unique is that XRPL's infrastructure is more stable and able to support fast transactions and low fees, which is much needed in the highly volatile world of meme coins.

Read also: XRP Correction, Is the Right Time to Buy Ripple Coins? Pay Attention to This Fact

5 XRP Meme Coins That Can Make You Rich

Here are five XRP meme coins that are currently stealing attention and have the potential to provide big profits for investors:

1. DROP

• Market Capitalization: $19 million (around IDR 300 billion)
• Total Volume: 23.7 million XRP
• User: 4.503

$DROP is a memecoin created by XRP legend Alex Cobb. This coin became the first meme coin on XRPL to reach a market capitalization of more than $10 million (around IDR 158 billion). 

With a token model inspired by Bitcoin's satoshis, $DROP uses a deflationary mechanism by gradually burning tokens. $DROP has also attracted great attention from well-known YouTubers such as BitBoyTV and Blockchain Backer, strengthening its popularity. 

This is one meme coin that should be taken into account by investors who are looking for the potential for large profits with more measurable risks.

2. SIGMA

• Market Capitalization: $9.13 million (around IDR 144 billion)
• Total Volume: 2.86 million XRP
• User: 1.627

The $SIGMA token is inspired by the “sigma male” archetype, which is now popular among internet culture. Leveraging popular elements from movies, TV shows, and mass culture, $SIGMA has ventured into the world of NFTs with collections featuring sigma characters. 

With a creative approach, $SIGMA aims to build a strong and loyal community, especially among young crypto users.

3. RPLS

• Market Capitalization: $8 million (around IDR 126.4 billion)
• Total Volume: 1.2 million XRP
• User: 1.200

RPLS is one of the meme coins with great potential in the XRP ecosystem. This token offers unique features that are different from other meme coins, including integration with NFT projects and an active community. 

RPLS also seeks to leverage the XRP Ledger's advantages in terms of transaction speed and low fees.

4. BERT

• Market Capitalization: $3.65 million (around IDR 57.9 billion)
• Total Volume: 5.58 million XRP

BERT is a token that targets the broader community with a more relaxed approach but still focused on value growth. 

This token is attractive to investors looking for diversification in their meme coin portfolio, with a focus on community adoption and market stability.

5. ATM 

• Market Capitalization: $1.73 million (around IDR 27.4 billion)
• Total Volume: 6.68 million XRP

ATM is one of the newer meme coins on XRPL but with quite a lot of potential. With prices that are still affordable, ATMs can be an attractive choice for novice investors who want to get involved in the meme coin market.

Read also: XRP and Bitcoin are targeted by large companies, one of which is Worksport

XRP Meme Coin Risks

Although XRP meme coin offers tempting profit opportunities, there are some risks to be aware of. Price volatility is a major problem in meme coin investing, because the price can fluctuate sharply in a short time. 

Additionally, since many of these meme coins are still in the early stages of development, lack of infrastructure And proven trading system can increase the level of uncertainty.

Investors also need to be careful potential fraud or pump-and-dump schemes, which often happens in the less regulated meme coin market. Therefore, it is very important to do your research first and only invest an amount that you can afford to lose.

Read also: Differences between XRPL, XRP and Ripple: Army Must Know!

Conclusion

XRP meme coin offers a great opportunity with huge profit potential. Especially for investors who are experienced and can bear the risks involved. 

Tokens like $DROP, $SIGMA, And $RPLS shows how the XRPL ecosystem can be leveraged to create interesting meme coins. However, always remember that investing in meme coins carries high risks. 

Make sure you do in-depth research and only invest wisely. Don't let market euphoria influence your investment decisions—be careful and enjoy your crypto journey!

FAQ About Memecoin

What is a meme coin?

Memecoins are a genre of cryptocurrency loosely defined by the online community that supports the growth of these currencies. They are sometimes identified with animated characters or animal meme images. Currencies that have achieved memecoin status include Dogecoin and Shiba Inu.

Are meme coins a good investment?

Dogecoin remains one of the best new meme coins to invest in December 2024 if you are looking for an established name with a strong track record. At its current price of $0.417, Dogecoin has had its ups and downs, but remains one of the most recognized meme coins on the market.

Are meme coins halal?

Yes, as long as the coin complies with Islamic law. Apart from that, the type of staking is also important. You have to lock your money in for profit to earn rewards.

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Reference: 

Cryptonews, Top 5 XRP Ledger Meme Coins in December 2024, accessed December 7, 2024

Coingecko, Top XRP Ledger Ecosystem Coins by Market Cap, accessed December 7, 2024

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