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Maya Sattar
Written By: Maya Sattar

Rivalry in-house copywriter and chronically online. Reading all the facts and condensing it down so you don't have to.

January 28th, 2025

Key Takeaways:

  • XRP meme coins are developed using the XRP Ledger. They are becoming more popular due to SEC Chair Gary Gensler's resignation, Trump's pro-crypto stance, and XRP's recent 400% price surge.
  • The most popular meme coins on XRPL include PHOENIX, PIDGEON, SLT, XRP ARMY, and DROP.
  • XRP meme coins are available to buy from First Ledger, the official decentralized exchange platform on the Ripple ecosystem.

Ripple's XRP Ledger (XRPL) is setting the stage for a new breed of meme coins that are taking the crypto world by storm. With lightning-fast transaction speeds and near-zero fees, XRPL provides the perfect foundation for meme tokens that aren't just viral— they're built for serious trading and potentially huge gains.

Unlike Ethereum and Solana-based meme coins, which can suffer from high fees and slower transactions, XRP-based meme coins are booming, putting the fun in functionality in a changing crypto landscape, making them a popular alternative for digitally-savvy investors. Many are wondering if these meme coins could even spawn the next Dogecoin.

From XRP Army and Phoenix, here are the top meme coins on the XRP ecosystem right now and why these tokens might just be the next big thing.

What are XRP Meme Coins?

XRP meme coins are cryptocurrencies built on the XRP Ledger (XRPL). These meme coins are built using the Ripple blockchain technology, which is known for its fast transaction speeds and low fees. Like many meme coins, they are often inspired by internet memes and gain popularity through social media hype and active community engagement.

What is the XRP Ledger?

In short, the XRP Ledger, or XRPL, is a decentralized, open-source blockchain technology designed to address the slow settlement times of fiat payments. It was created in 2012 by a group of developers and serves as the foundation for the native cryptocurrency XRP.

Beyond just payments, XRPL supports a wide range of use cases, including custom tokenization, decentralized finance (DeFi), and a built-in decentralized exchange (DEX) called First Ledger for peer-to-peer trading. All these services, on top of XRPL's low fees, cross-border payments, and fast transactions, make XRP Ledger the perfect foundation on which meme coins can be built.

How to Find Meme Coins Early Before They Pop Off

Why are XRP Meme Coins Popular Right Now?

The XRP meme coin market is booming due to XRP's recent price surge, which spiked nearly 400% following the news of SEC Chair Gary Gensler's resignation and President Donald Trump's crypto-friendly stance and promise to make the U.S. the "crypto capital of the world."

This has triggered a chain effect surrounding trading meme coins and FOMO (Fear Of Missing Out), pushing community enthusiasm surrounding XRP tokens like ARMY, PHOENIX, and more.

However, meme coins require speculative trading. The XRP meme coin market is extremely volatile; prices can rise and fall often within minutes or hours, driven by hype rather than having solid fundamental value.

Approach with caution, do your homework, and research thoroughly before diving in.

Top XRP Meme Coins

Here are the top meme coins on XRPL that are stealing headlines with the potential for huge short-term profits.

XRP Army

XRP Army ($ARMY) takes its name from the crypto community of the same name, the loyal supporters of XRP. ARMY's success has sparked a wave of new meme coins on the XRP Ledger, signaling a growing trend in the Ripple ecosystem as other meme coins follow their lead, causing a "Ripple" effect.

The Army token is traded on decentralized platforms, allowing peer-to-peer (P2P) transactions without intermediaries. Unlike some other meme coins, $ARMY has a deflationary mechanism, where a small percentage of tokens are burned with every transaction, reducing the total supply over time to increase scarcity and drive up value in the long-term.

Its current modest price and substantial market cap make it a great investment for those looking for an XRP meme coin.

XRP Army Market Data:

  • Market Cap: $48.06M
  • Current Price: $0.08595
  • 24h Trading Volume: $84.42K
  • Total Supply: 589M ARMY

PHOENIX

XRP has demonstrated resilience in the volatile crypto market, remaining stable amid chaos. Despite obstacles such as the SEC lawsuit, XRP has risen like a phoenix from the ashes, reborn stronger and better than ever. That's why the XRP community has coined the legendary phoenix as a symbol of resilience for XRP, mirroring XRP's ability to recover despite ongoing challenges.

Thus, PHOENIX ($PHNIX) was born on December 3, 2024, and is led by an experienced team of four developers with solid crypto and blockchain tech backgrounds.

$PHNIX also has a clear plan for growth with its community engagement. These include

  • Presales: Funds from the presale will be divided across areas like liquidity, team development, marketing, and token buyback/burn, ensuring long-term growth.
  • Community Events: Active members and content creators are rewarded for their contributions, while token holders enjoy exclusive content and events, adding value and engagement.
  • Phoenix Academy: Offers free educational resources about cryptocurrencies.
  • Rewards Systems: Through a DAO, $PHNIX token holders can vote on project decisions, creating a more collaborative and community-driven environment.
  • Future DEX Listings

$PHNIX is currently available on FirstLedger. As one of the new meme coins on this list, it's already risen to the top of DexScreener's list of XRP tokens, highlighting its success as an XRP meme coin.

Phoenix Market Data:

  • Market Cap: $23.7M
  • Current Price: $0.00004064  
  • 24h Trading Volume: $1.09M
  • Total Supply: 589B PHNIX

Salute

SALUTE ($SLT) is a community-driven token built on the XRP Ledger, designed to unite XRP enthusiasts who believe in the coin's potential to reach $100. The token aims to align its growth with XRP's, creating a self-reinforcing feedback loop of optimism and community success.

It symbolizes collective determination and resilience, with a focus on rewards for community engagement, such as completing challenges like daily push-up streaks, with the goal of future payment integrations like being able to use $SLT on platforms like Travala to book flights and even accommodation.

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Salute mirrors XRP's total supply of 100 billion tokens as a deliberate nod to the XRP ecosystem. Their tokenomics and supply allocation is as follows: 50% goes towards community rewards, 20% goes into reserves for strategic partnerships, 15% is for ecosystem growth and liquidity pools, 10% is for team allocation, and the remaining 5% is for charitable initiatives tied to XRP and SLT milestones.

Salute Market Data:

  • Market Cap: $21.7M
  • Current Price: $0.0002218
  • 24h Trading Volume: $114K
  • Total Supply: 100B SLT

DROP

Drop ($DROP) was launched in October 2024 by Alex Cobb and later taken over by a global group of XRP community members in a CTO (Community Takeover). It quickly hit milestones, becoming the first meme coin on XRPL to reach a market capitalization of more than $10 million, $15 million, and $20 million.

With a token model inspired by Bitcoin's satoshis, $DROP's famous quote is: "Hi, my name is Drop! There are 1,000,000 drops in one XRP, therefore the supply of $DROP is 1 million." Like other meme coins, $DROP uses a deflationary mechanism by burning tokens with every transaction for long-term value.

In terms of future growth, $DROP has a solid roadmap with four main stages: Launch, Development, Growth, and Future, with goals to reach a $50M market cap and scale the brand even further. Drop is available to buy on several verified DEXs, such as Sologenic, FirstLedger, and Magnetic, with plans to be listed on more platforms soon.

Drop Market Data:

  • Market Cap: $7.9M
  • Current Price: $7.99
  • 24h Trading Volume: $21.87K
  • Total Supply: 989.59K DROP

PONGO

Launched in December 2024, Pongo ($PONGO) is considered the defender of the XRP ecosystem as a symbol of determination and grit, born from navigating the trenches of the ever-changing crypto world.

Behind Pongo is a team of seasoned professionals in the crypto community who have been involved in XRP since 2014. Their mixed backgrounds and skillsets are a game-changer for PONGO and its future, with a solid roadmap defining their ultimate mission: to redefine what meme coins are—not just a symbol of internet culture but as tools for resilience and innovation.

PONGO enthusiasts can join the revolution and buy PONGO on FirstLedger and MEXC, with a solid "attack plan" roadmap listing their next objectives and goals.

Pongo Features:

  • Market Cap: $5.34M
  • Current Price: $0.0000000529
  • 24h Trading Volume: 84.63K
  • Total Supply: 99.99T PONGO

PIGEON

Similar to the symbolism behind $PHNIX, Pigeon ($PIDGN) capitalizes on the history behind the carrier pigeon. Launched on January 8, $PIDGN aims to deliver hope to the XRP community and be a messenger of freedom in the broader crypto space.

According to the meme coins' official page, "As pigeons carried vital messages throughout history, $PIDGN delivers a rallying cry for the XRP community to soar above suppression." Unlike many meme coins, $PIDGN has a clear roadmap for future growth, including more exchange listings, community events/giveaways, and partnerships. Potential investors can join 'The Flock' by purchasing $PIDGIN on DEXs like FirstLedger.

Pigeon Market Data:

  • Market Cap: $499K
  • Current Price: $0.00000086120531
  • 24h Trading Volume: $18K
  • Total Supply: 577.96B PIDGIN
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XRP Meme Coins vs. Solana Meme Coins

We all know Solana as the ultimate hub for meme coins at the minute. But how does XRP actually weight up against Solana with key metrics like transaction speed, costs, and stability? Let's find out.

Metrics

XRP Ledger

Solana

Transaction Speeds

Handles around 1,500 transactions-per-second (TPS) with 3-5 second processing times.

Capable of up to 65,000 TPS, with an average block time of 400 milliseconds.

Transaction Costs

Consistently offers low fees, so transactions are cost-effective.

Has low fees but costs can increase alongside network demands

Stability

Proven track record, with 10-years of error-free operations.

Often faces network outages, raising concerns over long-term stability.

As you can see, XRPL and Solana are fairly similar in terms of their performance. While Solana trumps XRPL in terms of TPS and shorter block times, XRPL wins out with its cost-effective transactions, regardless of network activity, and proven track record of reliability.

Advantages of XRP Meme Coins:

Meme coins built on the XRP Ledger take advantage of the platform's fast speed and unique features, making them stand out compared to meme tokens launched on other blockchains.

  • Low Fees: The XRP Ledger keeps costs low (typically around $0.01), making trading meme coins more affordable.
  • Fast Transaction Speeds: The XRPL ecosystem fosters fast processing times (around 3-5 seconds) for smoother and faster trades.
  • Sense of Community: Meme coins tend to build up strong, active communities, thanks to their relatable backgrounds, internet memes, and community engagement. Meme coins tend to have huge followings on platforms like Discord, X, Reddit, and Telegram, where people can interact.
  • Potential for Big Profits: Meme coins tend to be priced low, meaning anyone can get involved and invest. The bigger the interest in successful meme coins, the higher the potential ROI (Return on Investment).

Disadvantages of XRP Meme Coins:

However, like any other cryptocurrency investments, XRP meme coins still carry their own high risks and disadvantages, as outlined below:

  • High Volatility: More than other cryptocurrencies, meme coins are at risk of dramatic price swings, either up or down. Unless you're on the ball and watching the current prices 24/7, this can lead to significant losses when prices significantly dip.
  • Lack of Utility: Many meme coins tend to lack real-world utility and use cases, making them highly speculative digital assets where their value hinges on community interest rather than what they can offer.
  • Market Saturation: The meme coin market consists of literally hundreds of meme coins, which can dilute interests and increase the risk of scams, such as pump-and-dump schemes or rug pulls.
  • Regulatory Risks: The ongoing scrutiny from the SEC could affect meme coins in the future.

Overall, XRP memecoins offer an exciting opportunity for those looking to put their money on the line. Before investing, make sure you do thorough research, assess your risk tolerance, and don't invest more than you can afford to lose.

Where to Buy XRP Meme Coins

If you've got this far and you're interested in buying XRP meme coins yourself, there are some simple steps you'll have to follow.

Buying XRP meme coins is pretty similar to buying other meme coins. However, they tend to be more niche and not as widely supported as established meme coins, such as Dogecoin or Shiba Inu. You can typically find new coins on platforms such as MEXC and OKX or buy them directly from First Ledger.

Here's how to buy XRP meme coins.

  1. 1. Get an XRP Wallet. You'll need to find a crypto wallet that supports XRP Ledger and custom-made tokens and allows interactions with decentralized exchanges (DEXs). Options include Ledger Nano, Trust Wallet, Exodus, and Zengo.
  2. Fund Your Wallet with XRP. Buy XRP from trusted cryptocurrency exchanges like Coinbase, Binance, or Kraken, and transfer these to your wallet address.
  3. Find the XRP Meme Coin You'd Like to Buy. Identify the meme coin you want to buy from this XRP meme coins list or a platform like DexScreener and trustline details. A trustline is a feature of the XRP Ledger that allows you to hold custom tokens.
  4. Set Up a Trustline. To receive an XRP-based token, you must set up a trustline in your wallet.
  5. Buy the XRP Meme Coin. Use First Ledger, the XRPL decentralized exchange, to trade XRP for meme coins. Search for the token's trading pair (e.g., XRP/PHNIX) and place a buy order by specifying how much you'd like to purchase.
  6. Verify and Hold. After completing the transaction, check your wallet balance to ensure the meme coins appear. You may have to manually add it by using the token details.
  7. That's it! Your shiny new meme coins XRP will be in your wallet, ready for you to HODL or sell, whatever you decide to do.

When buying and trading meme coins, make sure you stay safe online and do your research. Beware of scams like rug pulls and pump-and-dump schemes, and only interact with official resources and websites.

The Bottom Line

XRP meme coins offer massive opportunities for eagle-eyed investors, especially those with more experience and a high-risk tolerance. The top meme coins on the XRP ecosystem, like $DROP, $ARMY, and $PHNIX, can rival the potential of even the most popular meme coins on rival blockchains like Sui and Solana.

However, their success depends on building and sustaining active communities, adapting to regulatory shifts, and discovering innovative ways to add value to the crypto space beyond just speculation. You can use technical indicators and tools to evaluate whether a meme coin is worth investing in or not.

Disclaimer: This article is intended for entertainment and informational purposes only and should not be considered investment advice. Always conduct your own research and consult a financial advisor before making serious investment decisions. The author and publication are not responsible for any losses incurred from reading this article.

FAQs

What are XRP meme coins?

XRP meme coins are cryptocurrencies built using the XRP Ledger. Like many meme coins, they are inspired by internet memes and online culture, often driving huge and loyal communities. However, they tend to lack real-world case uses, making their value purely speculative.

Why are XRP meme tokens becoming popular?

XRP meme coins are currently riding the waves of XRP's recent price surge, making them a popular alternative to other meme coins on different blockchains.

Are XRP meme coins a good investment?

Like all meme coins, XRP meme tokens are high-risk, high-reward investments. If you're good with high volatility, they can be worth it.

How to safely invest in XRP meme coins?

  • Carefully do your own research (DYOR) before investing in XRP meme tokens. Look into the developer team, the project, and the price history.
  • Discuss the investment with crypto communities on platforms like Discord and Reddit for an outsider's perspective before committing.
  • Diversify your overall investment portfolio, only allocating a small percentage (~5%) to speculative assets like meme coins.
  • Use reputable platforms like MEXC.
  • Never invest more than what you're willing to lose.

What other XRP meme coins are there?

There are hundreds and thousands of XRP meme coins in the market right now, making it impossible to name every single one. You can always scroll through DexScreener to see which XRP coins are hot now.

Anyway, here are some honorable mentions that didn't quite make the cut onto our main list:

  • NORMIE
  • XRP589
  • MAG
  • LIHUA
  • STARBRO
  • XRdoge
  • scrap

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