Top 5 XRP Ledger Meme Coins in December 2024

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December 6, 2024 07:19 EST

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Since the election of Donald Trump on November 5, XRP has pumped by over 200% – giving the highly resilient XRP Army a reason to celebrate. Meanwhile, the XRP Ledger community has been busy taking full advantage of their favourite blockchain, which is designed to be fast, cheap, scalable, and environmentally friendly. In particular, XRP meme coins have emerged as the ideal token format that can take advantage of all the benefits and features that the XRP Ledger has to offer.

In this article, we’ll take a close look at some of the latest top XRP meme coins (such as $DROP, $SIGMA, and $RPLS) that have emerged into the XRP ecosystem. We’ll also learn how to create an XRP meme coin, how to buy XRP meme tokens, and consider whether or not XRP meme coins could make a good investment.

Best XRP Meme Coins in December Reviewed

As XRP meme tokens are still in their earliest stages of development, investors are mainly speculating and debating over which tokens have the most potential. Based on the statistics and charts provided in the previous section, we found five XRP meme coins that could generate considerable profits in the future. Next, we’ll look at each project’s story so far, to help investors begin their fundamental analysis.

1) DROP – Created by an XRP Legend

The $DROP XRP meme coin was originally created by the popular XRP OG, Alex Cobb, who burned his developer’s supply of the DROP token and allowed the project to be taken over by its community. DROP aims to become the XRP Ledger’s own blue-chip meme coin, and it’s already been a resounding success.

So far, DROP has become the first XRPL meme token to hit a market cap of $10 million (and then $15 million) – and it’s even attracted the attention of BitBoyTV, Paul Barron TV, and Blockchain Backer, who have millions of subscribers in total.

1 million $DROP tokens are equal to a single XRP (making each token equivalent to 0.000001 XRP), a model inspired by Bitcoin and its satoshis. Some DROP tokens will be burned over time, continually reinforcing token value through this deflationary mechanism, and DROP’s technical infrastructure includes an AMM (Automated Market Maker), which helps to maintain token liquidity and stability.

On top of its already impressive achievements, the DROP project’s first NFT collection has sold out, and hit the #1 spot on XRP Cafe – the top NFT marketplace on the XRP ledger. Investors looking to minimize their risk when investing in XRP meme coins would do well to look at DROP before examining other tokens.

2) SIGMA – Leveraging Popular Culture and NFTs

As an XRP meme coin based around the “sigma male” archetype, the $SIGMA token is designed to appeal to a very specific demographic – one that’s also highly likely to be a crypto bro or true degen. From NFTs depicting famous sigma male characters from various movies, TV shows, games, and popular culture to a minimalistic merch line, the Sigma on XRPL project certainly knows its audience.

Such insights are absolutely essential when it comes to building a tight-knit community, which bodes well for the future of the $SIGMA token and its already explosive price action.

If you’re a fan of movies like The Terminator, The Matrix, John Wick, Pulp Fiction, Deadpool, The Joker, Dragonball Z, Pirates of the Caribbean, and other staples of pop culture centred around sigma males and their adventures, you can find a fun pixelated meme generator ready to go on the Sigma on XRPL project website.

3) RPLS – The Meme Coin Aiming for Pixar-Level Success

With its cartoonish and quirky characters, Ripples ($RPLS) is planning to turn itself into a global media empire. From Pixar-style big-screen movies to games, animated shorts, NFTs, and digital and physical merch, the Ripples roadmap is very ambitious – and as long as this XRP meme coin project can build and maintain a powerful community, it could well achieve its goals.

On the technical side, the liquidity pool provider and issuer wallets for RPLS have been blackholed, permanently securing 85% of the total supply and indicating strong dedication to the project’s success.

Gamers in particular have good reason to get excited about Ripples, as it has officially begun developing its first mobile game (for Android and iOS), and even released some character model designs via the project’s X account. This would be the first mobile game created by an XRPL project – so Web3 gaming fans could easily send the $RPLS token price skyward if Ripples makes it onto Google Play and the Apple App Store.

4) BERT – The NSFW Meme Bird

Like all meme coins, XRP meme tokens don’t necessarily need utility or ambitious roadmaps in order to be successful. Using NSFW humor, a collection of creative gifs, and a constant stream of new content featuring its namesake mascot (Bert the Bird), BERT has already proven itself as a successful XRP meme coin.

The project’s stated goal is simply to make people laugh – so meme coin traders who love edgy memes and adult cartoon aesthetics may well find BERT an intriguing choice as it flies higher.

Given how far BERT has come using a simple meme character, it would be surprising if the project team didn’t have some expansive plans ready to hatch in the future. There’s plenty of scope for Bert the Bird NFTs (which are briefly hinted at on the project’s website), a game, plush toys, action figures, and other kinds of collectibles.

The team is also working hard to rally its community through X Spaces (and offers a 60% APY on staking via Bitrue), so they clearly have ambitious plans for Bert, the world of XRP meme coins, and beyond.

5) ATM – A Rare Metaverse-Connected Memecoin

ATM (All The Money) is a mysterious and secretive XRP meme coin that has partnered with xSpectar – a metaverse infrastructure platform. ATM is, in the team’s own words, “all about fun, no promises, no utility,” so interested investors will need to be patient as the project’s future unfolds. A meme coin with potential metaverse integration is rare though, so ATM is at least worth further investigation.

Despite the project’s veil of secrecy, the $ATM token has been made easily available through a wide range of locations. Whether you prefer fiat purchases, trading platforms, or even crypto faucets like Tipper, it’s easy to grab a bag of $ATM – an opportunity which over 15,000 wallet holders have already taken advantage of.

This simple and easy accessibility (and a staking APY of 80%) has helped to differentiate the $ATM token from its peers on the XRP Ledger, which usually offer very few purchase options to interested investors.

How to Create an XRP Meme Coin Using First Ledger

First Ledger provides an extremely simple XRP meme coin creation process, which we’ve outlined using the three-step guide below:

Step 1: Log in and connect your wallet via Telegram

Step 2: Complete the token creation form

When creating a new XRP meme coin, be sure to think ahead and consider fundamentals like your token’s brand, tokenomics, and your marketing strategy.

Considering these factors will help you turn your meme coin from an idea into a successful and profitable project with a dedicated and passionate community.

Step 3: Click “Submit” and pay the required fee

And that’s about it – you’ve officially created your first XRP meme coin!

Are XRP Meme Coins a Good Investment? The Pros

Due to XRP’s already impressive performance, crypto investors will naturally want to know whether or not XRP meme coins are a good investment, and what factors they need to consider before investing. In this section, we’ll outline some key points to bear in mind:

Riding the Hype of XRP Crossing $1

Psychological price points typically make formidable support and resistance levels, which can be very hard to break through in either direction. Since XRP has now pushed beyond $1, it’s likely that even if the token price dipped, a $1 value would form a strong support level from which the price could bounce before continuing a bullish move upwards. In a bull market, dips are usually for buying (subject to an investor or trader’s own risk tolerance), and new tokens created within an ecosystem with bullish sentiment can also become profitable investments very quickly.

This means that XRP’s success – driven by macro factors such as Gary Gensler’s resignation and the incoming Trump administration – could mean that tokens created on the XRP ledger will also see explosive upward moves of their own. We’ve already seen some real-time examples of that success in this article, so it seems likely that more and more XRP meme coins will be launched and perform well as the bull market continues.

Benefits of Low-Cost and Fast Transactions on the XRP Ledger

In order for meme coin projects to succeed, they first need to be built on blockchains that can support the demands and expectations of the token’s community. If a blockchain is too slow, too expensive to use, struggles with scalability, or isn’t environmentally friendly (a key consideration for an increasing number of modern investors), meme coin community members will quickly become disengaged and discouraged from supporting a project.

Without a supportive and highly engaged community, meme coin projects quickly fail – even if they have ambitious roadmaps, beneficial partnerships, and innovative token utility concepts.

Since the XRP Ledger is fast, cheap, scalable, and environmentally friendly, it’s emerged as a great option for meme coin projects looking to differentiate themselves from their competitors on established blockchains, such as Ethereum and Solana. It’s too early to tell if the XRP ledger’s meme coin communities could even catch up to Ethereum and Solana – but XRP is currently the sixth-largest cryptocurrency by market cap (behind Ethereum at #2 and Solana at #4). Given this achievement, crypto projects building on the XRP Ledger have a great opportunity to prove themselves and bring more users into the XRP ecosystem.

Micro Cap Coins Have Large Upside

XRP meme coins are already appealing to degens and early adopters, who are positioning themselves to take advantage of explosive growth and profitability. Getting into a project early is key to maximizing potential gains from investing in meme coins because most investors only become interested in buying when a token’s market cap increases significantly. Buying micro-cap tokens can be very risky, but also extremely rewarding if the project in question becomes successful and attracts enough new buyers (including whales, who usually have a lot of money to invest and can pump a token’s price very quickly).

The Risks and Downsides of Meme Coins on XRPL

Despite the hype around XRP, and the XRP Ledger’s status as a long-established blockchain platform, it’s still important for investors to be patient and do their own research before investing in XRP meme coins. Because it’s so easy to create an XRP meme token, investors need to be particularly aware of potential scams and carefully analyze a token’s key metrics (such as market cap, number of holders, TVL, trading volume, price performance, etc.) before making any purchases.

In this section, we’ll run through some important things to think about when deciding whether or not XRP meme coins are a good investment.

Unproven Network for Meme Coins

XRP is currently the sixth-largest cryptocurrency by market cap, and might even catch up with Solana (#4 by market cap), a blockchain that has proven incredibly popular with meme coin builders in 2024.

Although the XRP ledger has been around for 12 years, its potential as a lucrative platform for meme coin builders remains unproven. Only time will tell whether XRP meme coins will achieve mainstream success, or fade away as investors return their focus to Ethereum and Solana.

Saturation of Tokens on XRPL

There are already over 8,000 XRP meme coins available to trade on First Ledger, with hundreds more being created every day. This means that the XRP meme coin market is already oversaturated, and finding a potential good investment requires a lot of research and analysis. It’s also possible to create a token with the same ticker and logo as a project that’s already established and successful – a popular tactic with scammers looking to take advantage of meme coin enthusiasts who rush in to buy tokens too quickly.

Given the above, investors should only buy XRP meme coins following rigorous analysis, and make sure they don’t buy duplicate scam tokens by accident.

Extremely Speculative Nature

As we’ve seen, XRP meme coin projects are still in their early stages of development, and their futures are uncertain. It’s important to discern between projects with real potential and tokens that could easily have been created by random people who lack the skills required to make their projects truly successful. At the very least, an XRP meme token should have its own website and a social media page where community members can interact with the project’s team and comment on their posts.

Ultimately, it all comes down to an investor’s risk tolerance, the strength of their analytical skills, and the effectiveness of their investment strategies. Successfully investing in extremely speculative XRP meme coins is naturally risky, but could also be more profitable than the average crypto investment.

It’s worth remembering that more established and proven options are still available, and we’ll take a look at some of those in the next section.

Conclusion

Throughout this article, we’ve examined five of the best XRP meme coins, learned how to create a new XRP meme token, and discovered some better alternatives – including other options across the Ethereum and Solana blockchains. Along the way, we’ve seen how important it is for crypto investors to think deeply about speculative meme coin investments, what key metrics to look out for when analyzing XRP meme coins, and how XRP’s price performance has impacted the XRP Ledger ecosystem.

For investors who might feel uncertain about investing in XRP meme coins until mainstream successes emerge, we suggest considering meme tokens on Ethereum and Solana as better alternatives.

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