CandleFocus XRP Meme Coins Like ARMY Are Blowing Up Right Now
2024-12-03
Author: Content Editor
An 18-month-old meme coin called ARMY has seen a significant surge in its market cap, jumping from less than $1 million to over $90 million before dipping to around $47 million. Early ARMY traders have made substantial gains, with one person recognizing over $100,000 in profit from a $478 purchase just 21 days ago. Other meme coins like BEAR and MAG have also experienced significant growth and joined ARMY in the top 10 XRP Ledger meme coins by market cap. Crypto personalities from other ecosystems like Solana and Ethereum are offering tutorials and recommending trading tools to help users get started. While trading volume on Ripple meme coins is increasing, it still lags behind other blockchains. Some individuals are skeptical about the sustainability of the meme coin ecosystem and choose not to participate. However, XRP has become the third-largest cryptocurrency by market cap, surpassing Tether, potentially due to speculation about XRP exchange-traded funds and expectations of regulatory clarity.
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