My XRP Meme Coin Picks
As a special thank you to everyone who has subscribed to The Weekly Insight, we’ve decided to share some additional posts to provide you with as much value as possible. Kicking things off with my top XRP meme coin picks! Hope you enjoy!
XRP Meme Picks
Please remember that these are high-risk plays. I'm allocating an additional 2% of my XRP portfolio to meme coins because I believe the risk-to-reward ratio is favorable. If XRP performs well, these meme coins could potentially outperform, with some potentially yielding 10x to 100x returns. However, it's important to acknowledge that some may also go to zero, so careful selection is crucial.
The goal is to multiply my XRP holdings, not to get attached to these meme coins. While the risk is extremely high, there's also a chance for significant gains, and it’s a way to engage more deeply with the XRP ecosystem and its community.
With that said, I am not allocating more than an additional 2% of my portfolio. The risk is substantial, but there's also a unique opportunity to grow our XRP holdings. Let's stay focused on the ultimate goal and make the most of this opportunity.
At the end of this article, I'll provide the allocation percentages for each token I'm adding. Before that, I'll include a brief description of each.
To buy can buy XRPL memes here -
https://firstledger.net/?ref=6NRu4StwrImq
BRITTO
I won't be adding any BRITTO to my portfolio because I already hold a significant amount. I bought BRITTO extremely early, helped the team come together, and provided some guidance initially. Since then, the team has taken over, and I haven't been involved. They're doing an amazing job on social media and Telegram, being very insightful and moving the space forward. They’ve created multiple things, including the Telegram buy bot for chats. I'm excited to see where BRITTO goes in the future. Just to be clear, I won't be adding more BRITTO to my bag because I already own so much.
Drop
DROP is one of the original meme coins on the XRPL, originally created by Alex Cobb - (20) Cobb (@Cobb_XRPL) / X. Alex actually burnt his dev supply, making DROP a complete community takeover. It was one of the leading meme coins on the XRP Ledger but has since experienced a significant pullback. I've been dollar-cost averaging into DROP for the last two weeks and plan to add more. A DROP is the smallest denomination of XRP, similar to a sat (Satoshi) in Bitcoin.
(20) $DROP (@DropCoinXRPL) / X
SCRAP
SCRAP might be the first-ever First Ledger XRP memecoin and is also the original dog coin on the XRPL. We know how popular dog coins are, such as WIF on Solana and, of course, DOGE, the OG meme coin.
(21) Scrappy (@scrappyxrp) / X
ARMY
ARMY is a token that really surged and set the highest market cap so far for an XRP meme. There's a strong narrative behind the XRP army, and with 9,800 holders, I think it's a pretty good play.
Sigma
SIGMA has been embracing the American Psycho and "Chad" meme culture, which I find really funny and relatable. Although I don't know too much about the project in general, their content style has caught my interest.
(21) SigmaOnXRPL (@SigmaOnXRPL) / X
Starbro
STARBRO is a bit of a low-cap, curveball for me. They reached out to me early on for marketing help, but I declined every time. Fair play to them for being persistent. Despite declining, I've kept track of their progress. They have low volume, which isn't ideal, and a large portion is held by the top ten, which makes me cautious. Still, I'll be adding a small amount to my portfolio due to their consistent execution and activity. Remember, meme coins can be risky, and the lower the market cap, the higher the risk, but I've been watching this project and feel it's time to add a tiny bit.
(21) Star Bro (@StarBroCoin) / X
So those are my picks and the reasons behind them. If you'd like to buy any of these, please use my referral links here;
https://t.me/firstledger_bot?start=ref_6NRu4StwrImq
https://firstledger.net/?ref=6NRu4StwrImq
So, finally, the weighting: Remember, this is only adding 2%, but the percentage of my 2% and how I would allocate it is:
25% into DROP
25% into SCRAP
20% into ARMY
20% into SIGMA
10% into STARBRO
This does not include BRITTO, as I already hold a significant amount. I'll take out my original investment plus 50% profit once it reaches a 2.5x gain and let the rest ride for a potentially larger gain.
Remember, meme coins are extremely risky investments, and I'm prepared if they go to zero. The goal here is to outperform XRP—if we can't do that, we might as well just hold XRP. This is an experiment, but I believe the risk-to-reward is heavily in our favor at this point.
LINKS:
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Trade XRP Memes here:
https://firstledger.net/?ref=6NRu4StwrImq
Trade on MEXC: https://www.mexc.com/register?inviteCode=mexc-1etb1
Trading Different - https://t.co/3ks3QMT5VJ?ssr=true