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Bitcoin Bitcoin (BTC) $118,951.20 ↑ 0.78%
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XRP XRP (XRP) $3.24 ↑ 2.07%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $854.04 ↑ 7.32%
Solana Solana (SOL) $192.41 ↑ 3.14%
USDC USDC (USDC) $1.00 ↑ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.46%
TRON TRON (TRX) $0.33 ↑ 1.16%
Cardano Cardano (ADA) $0.83 ↑ 1.05%
Hyperliquid Hyperliquid (HYPE) $44.38 ↑ 3.51%
Sui Sui (SUI) $4.23 ↓ -1.87%
Stellar Stellar (XLM) $0.44 ↑ 0.58%
Chainlink Chainlink (LINK) $19.05 ↑ 1.52%
Hedera Hedera (HBAR) $0.28 ↑ 0.03%
Bitcoin Cash Bitcoin Cash (BCH) $585.18 ↓ -2.45%
Avalanche Avalanche (AVAX) $27.23 ↑ 9.35%
Litecoin Litecoin (LTC) $113.48 ↑ 0.27%
Toncoin Toncoin (TON) $3.39 ↑ 2.19%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.18%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.10%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Uniswap Uniswap (UNI) $10.99 ↑ 2.71%
Polkadot Polkadot (DOT) $4.23 ↑ 1.72%
Monero Monero (XMR) $326.40 ↑ 0.40%
Bitget Token Bitget Token (BGB) $4.70 ↑ 1.98%
Pepe Pepe (PEPE) $0.00 ↑ 2.53%
Dai Dai (DAI) $1.00 ↓ -0.02%
Cronos Cronos (CRO) $0.15 ↑ 5.94%
Aave Aave (AAVE) $303.71 ↑ 2.46%
Ethena Ethena (ENA) $0.68 ↑ 9.27%
Bittensor Bittensor (TAO) $432.51 ↑ 1.04%
NEAR Protocol NEAR Protocol (NEAR) $2.96 ↑ 2.23%
Ethereum Classic Ethereum Classic (ETC) $22.89 ↑ 0.12%
Pi Pi (PI) $0.45 ↑ 1.47%
Ondo Ondo (ONDO) $1.06 ↑ 1.13%
Internet Computer Internet Computer (ICP) $5.88 ↑ 3.55%
Aptos Aptos (APT) $4.92 ↑ 2.30%
OKB OKB (OKB) $49.10 ↑ 1.85%
Bonk Bonk (BONK) $0.00 ↑ 5.92%
Mantle Mantle (MNT) $0.82 ↑ 0.06%
Kaspa Kaspa (KAS) $0.10 ↓ -1.29%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -0.95%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.03%
Algorand Algorand (ALGO) $0.28 ↑ 0.57%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.96%
Render Render (RENDER) $4.37 ↑ 2.19%
VeChain VeChain (VET) $0.03 ↑ 1.52%
GateToken GateToken (GT) $18.22 ↑ 2.25%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.81%
SPX6900 SPX6900 (SPX) $2.26 ↑ 12.02%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.30 ↑ 1.46%
Sky Sky (SKY) $0.10 ↑ 1.90%
Sei Sei (SEI) $0.34 ↑ 1.10%
Cosmos Cosmos (ATOM) $4.88 ↑ 1.77%
Filecoin Filecoin (FIL) $2.77 ↑ 2.99%
Jupiter Jupiter (JUP) $0.61 ↑ 3.90%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.76 ↑ 3.70%
Flare Flare (FLR) $0.02 ↑ 2.06%
Story Story (IP) $5.62 ↑ 2.77%
Injective Injective (INJ) $15.87 ↑ 4.29%
Quant Quant (QNT) $128.67 ↑ 1.27%
XDC Network XDC Network (XDC) $0.09 ↑ 2.84%
Celestia Celestia (TIA) $2.05 ↑ 3.31%
KuCoin Token KuCoin Token (KCS) $11.54 ↑ 0.34%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Optimism Optimism (OP) $0.82 ↑ 12.78%
Fartcoin Fartcoin (FARTCOIN) $1.39 ↑ 4.52%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -3.84%
Stacks Stacks (STX) $0.85 ↑ 4.07%
Four Four (FORM) $3.49 ↑ 0.77%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.78%
dogwifhat dogwifhat (WIF) $1.14 ↑ 6.08%
Immutable Immutable (IMX) $0.60 ↑ 2.32%
Ethereum Name Service Ethereum Name Service (ENS) $30.51 ↓ -0.93%
PancakeSwap PancakeSwap (CAKE) $3.22 ↑ 15.05%
The Graph The Graph (GRT) $0.11 ↑ 3.29%
Lido DAO Lido DAO (LDO) $1.17 ↑ 6.08%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -0.14%
Kaia Kaia (KAIA) $0.17 ↑ 1.42%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 3.16%
Sonic Sonic (S) $0.34 ↑ 2.15%
Conflux Conflux (CFX) $0.19 ↑ 3.00%
Tezos Tezos (XTZ) $0.90 ↑ 2.28%
PAX Gold PAX Gold (PAXG) $3,334.95 ↓ -0.70%
Theta Network Theta Network (THETA) $0.93 ↑ 3.86%
Vaulta Vaulta (A) $0.58 ↑ 0.38%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Raydium Raydium (RAY) $3.35 ↑ 9.30%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.61%
Nexo Nexo (NEXO) $1.32 ↑ 0.88%
IOTA IOTA (IOTA) $0.22 ↑ 0.85%
Gala Gala (GALA) $0.02 ↑ 3.47%
Tether Gold Tether Gold (XAUt) $3,337.06 ↓ -0.35%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.44%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.32%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.07%
Pendle Pendle (PENDLE) $4.68 ↑ 6.50%
Jito Jito (JTO) $2.08 ↑ 3.22%
Bitcoin Bitcoin (BTC) $118,951.20 ↑ 0.78%
Ethereum Ethereum (ETH) $3,886.54 ↑ 1.89%
XRP XRP (XRP) $3.24 ↑ 2.07%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $854.04 ↑ 7.32%
Solana Solana (SOL) $192.41 ↑ 3.14%
USDC USDC (USDC) $1.00 ↑ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.46%
TRON TRON (TRX) $0.33 ↑ 1.16%
Cardano Cardano (ADA) $0.83 ↑ 1.05%
Hyperliquid Hyperliquid (HYPE) $44.38 ↑ 3.51%
Sui Sui (SUI) $4.23 ↓ -1.87%
Stellar Stellar (XLM) $0.44 ↑ 0.58%
Chainlink Chainlink (LINK) $19.05 ↑ 1.52%
Hedera Hedera (HBAR) $0.28 ↑ 0.03%
Bitcoin Cash Bitcoin Cash (BCH) $585.18 ↓ -2.45%
Avalanche Avalanche (AVAX) $27.23 ↑ 9.35%
Litecoin Litecoin (LTC) $113.48 ↑ 0.27%
Toncoin Toncoin (TON) $3.39 ↑ 2.19%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.18%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.10%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.01%
Uniswap Uniswap (UNI) $10.99 ↑ 2.71%
Polkadot Polkadot (DOT) $4.23 ↑ 1.72%
Monero Monero (XMR) $326.40 ↑ 0.40%
Bitget Token Bitget Token (BGB) $4.70 ↑ 1.98%
Pepe Pepe (PEPE) $0.00 ↑ 2.53%
Dai Dai (DAI) $1.00 ↓ -0.02%
Cronos Cronos (CRO) $0.15 ↑ 5.94%
Aave Aave (AAVE) $303.71 ↑ 2.46%
Ethena Ethena (ENA) $0.68 ↑ 9.27%
Bittensor Bittensor (TAO) $432.51 ↑ 1.04%
NEAR Protocol NEAR Protocol (NEAR) $2.96 ↑ 2.23%
Ethereum Classic Ethereum Classic (ETC) $22.89 ↑ 0.12%
Pi Pi (PI) $0.45 ↑ 1.47%
Ondo Ondo (ONDO) $1.06 ↑ 1.13%
Internet Computer Internet Computer (ICP) $5.88 ↑ 3.55%
Aptos Aptos (APT) $4.92 ↑ 2.30%
OKB OKB (OKB) $49.10 ↑ 1.85%
Bonk Bonk (BONK) $0.00 ↑ 5.92%
Mantle Mantle (MNT) $0.82 ↑ 0.06%
Kaspa Kaspa (KAS) $0.10 ↓ -1.29%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -0.95%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.03%
Algorand Algorand (ALGO) $0.28 ↑ 0.57%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.96%
Render Render (RENDER) $4.37 ↑ 2.19%
VeChain VeChain (VET) $0.03 ↑ 1.52%
GateToken GateToken (GT) $18.22 ↑ 2.25%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.81%
SPX6900 SPX6900 (SPX) $2.26 ↑ 12.02%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.30 ↑ 1.46%
Sky Sky (SKY) $0.10 ↑ 1.90%
Sei Sei (SEI) $0.34 ↑ 1.10%
Cosmos Cosmos (ATOM) $4.88 ↑ 1.77%
Filecoin Filecoin (FIL) $2.77 ↑ 2.99%
Jupiter Jupiter (JUP) $0.61 ↑ 3.90%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.76 ↑ 3.70%
Flare Flare (FLR) $0.02 ↑ 2.06%
Story Story (IP) $5.62 ↑ 2.77%
Injective Injective (INJ) $15.87 ↑ 4.29%
Quant Quant (QNT) $128.67 ↑ 1.27%
XDC Network XDC Network (XDC) $0.09 ↑ 2.84%
Celestia Celestia (TIA) $2.05 ↑ 3.31%
KuCoin Token KuCoin Token (KCS) $11.54 ↑ 0.34%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Optimism Optimism (OP) $0.82 ↑ 12.78%
Fartcoin Fartcoin (FARTCOIN) $1.39 ↑ 4.52%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -3.84%
Stacks Stacks (STX) $0.85 ↑ 4.07%
Four Four (FORM) $3.49 ↑ 0.77%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.78%
dogwifhat dogwifhat (WIF) $1.14 ↑ 6.08%
Immutable Immutable (IMX) $0.60 ↑ 2.32%
Ethereum Name Service Ethereum Name Service (ENS) $30.51 ↓ -0.93%
PancakeSwap PancakeSwap (CAKE) $3.22 ↑ 15.05%
The Graph The Graph (GRT) $0.11 ↑ 3.29%
Lido DAO Lido DAO (LDO) $1.17 ↑ 6.08%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -0.14%
Kaia Kaia (KAIA) $0.17 ↑ 1.42%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 3.16%
Sonic Sonic (S) $0.34 ↑ 2.15%
Conflux Conflux (CFX) $0.19 ↑ 3.00%
Tezos Tezos (XTZ) $0.90 ↑ 2.28%
PAX Gold PAX Gold (PAXG) $3,334.95 ↓ -0.70%
Theta Network Theta Network (THETA) $0.93 ↑ 3.86%
Vaulta Vaulta (A) $0.58 ↑ 0.38%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.02%
Raydium Raydium (RAY) $3.35 ↑ 9.30%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.61%
Nexo Nexo (NEXO) $1.32 ↑ 0.88%
IOTA IOTA (IOTA) $0.22 ↑ 0.85%
Gala Gala (GALA) $0.02 ↑ 3.47%
Tether Gold Tether Gold (XAUt) $3,337.06 ↓ -0.35%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.44%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.32%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.07%
Pendle Pendle (PENDLE) $4.68 ↑ 6.50%
Jito Jito (JTO) $2.08 ↑ 3.22%
Home Cryptocurrency

Meme Coin Frenzy on XRP Ledger: Ripple CTO’s Heartwarming Message Gains Praise

David Moore by David Moore
31 October 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
capturing the excitement of the meme coin trend on the XRP Ledger featuring the Ripple logo a meme coin symbol such as a pla

Ripple CTO David Schwartz has captured the XRP Ledger community’s admiration, recently receiving a gesture of appreciation from the DROP token team for his contributions to the network. Despite facing a recent 50% dip after a quick rise, DROP remains one of the most notable meme coin projects on XRP Ledger, drawing significant attention from investors.

Qubetics is 728x90 1 1

Table of Contents

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    • YOU MAY BE INTERESTED
    • Bitwise CIO Says Bitcoin Rally Coming in 2026, Halving Cycle No Longer Relevant
    • Inside CZ’s $76 Billion BNB Empire: What’s Behind the Explosive Price Climb?
  • Ripple CTO Honored by DROP Team
  • Meme Coin Trend Soars on XRP Ledger
  • Memepad Boosts Innovation for XRPL Meme Coins

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Ripple CTO Honored by DROP Team

In recognition of Schwartz’s dedication to the XRP Ledger ecosystem, the DROP team reached out to offer him 15 tokens as a token of gratitude. Surprising the community, Schwartz accepted the gesture and shared a wallet address for the gift. This response from Schwartz delighted his supporters, showing his openness to the community’s projects and his commitment to supporting those actively working to improve the XRP Ledger.

The DROP team further expressed their appreciation for Schwartz’s ongoing support of their project and the broader XRP ecosystem. Schwartz responded positively, stating that he was happy to receive such gestures and stands behind everyone contributing to the network’s growth.

Hey @JoelKatz we want to $DROP a little gift in your wallet as a thank you for creating the XRPL, we’ll cover the trustline 💧 pic.twitter.com/8ion2m06dG

— $DROP (@DropCoinXRPL) October 30, 2024

Meme Coin Trend Soars on XRP Ledger

DROP has become one of the standout projects in the XRP Ledger’s thriving meme coin trend. Trading on the First Ledger DEX, DROP is currently valued at around 8.24 XRP (about $4.29). However, the token recently experienced a 13.35% loss in 24 hours. With a total supply of 989,000 tokens and a market cap of 4.24 million, DROP has reached approximately 3,580 investors, while its daily trading volume remains relatively low at 828,000 XRP (around $430,000).

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Only two weeks after its launch, DROP achieved a significant milestone, reaching a market cap of $10 million, becoming the first meme coin on the First Ledger DEX to hit this level. Despite its impressive rise, DROP has since lost over 50% of its market cap, stirring concerns among investors. This rapid rise and subsequent fall highlight the volatility within XRPL’s meme coin space.

rszenFJoDdiGjyezQc8pME9KWDQH43Tswh 44524F5000000000000000000000000000000000 2024 10 31 11 17 26

Memepad Boosts Innovation for XRPL Meme Coins

Magnetic X, a popular decentralized exchange on XRP Ledger, has introduced Memepad, a platform dedicated to meme coin projects. Memepad enables users on XRP Ledger to easily create and launch their own meme coins, fostering innovation and providing opportunities for new projects. Since its inception, over 70 new meme coins have been introduced through Memepad, further diversifying the meme coin landscape on XRPL.

For the latest updates on this story, stay tuned to Turkish NY Radio.

Tags: David SchwartzDROP tokenmeme coinRipple CTOXRP Ledger
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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