Bird, a developer behind the XRPL-based memecoin Drop, has suggested an alternative strategy for accumulating 10,000 XRP amid rising prices. With XRP currently trading around $2.24, Bird noted that acquiring 10,000 XRP now costs approximately $22,000, compared to $5,000 in 2024. He proposed investing 2,000 XRP in XRPL meme tokens like $DROP, $ARMY, $FUZZY, and $PHNIX, which could potentially grow to the equivalent of 10,000 XRP during a strong meme market cycle.
This suggestion comes as XRP has gained significant attention, recently reclaiming the $2 level and becoming the third-largest cryptocurrency by market cap. Bird emphasized the importance of understanding the XRP Ledger and using tools like First Ledger for analysis. He also highlighted the supportive nature of XRPL meme communities on platforms like X and Telegram for newcomers.
XRPL Developer Proposes Memecoins as Alternative to Accumulate 10,000 XRP
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