Ripple jokes about Bitcoin community with new memecoin
Bitcoin Maxi Tears (BMT) launches on XRP Ledger, mocks BTC vs. XRP rivalry.
A new memecoin, Bitcoin Maxi Tears (BMT), has launched on the XRP Ledger, playfully mocking the rivalry between Bitcoin Maximalists and the XRP community.
The coin quickly gained traction, with a 120% trading volume increase in just 24 hours, highlighting its growing popularity.
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Key Takeaways
- Memecoin Debut: BMT launched on XRPL, symbolizing the long-standing tensions between Bitcoin supporters and the rising XRP community.
- Strong Market Response: Within 24 hours, BMT saw a 120% increase in trading volume and is now listed on decentralized exchanges like ZenDex and X Magnetic.
- XRP Dominance: XRP leads CoinGecko’s “Made in USA” rankings, with a $559 billion market cap, surpassing rivals like Solana and USDC.
- Community Support: XRP attorney Jeremy Hogan praised the coin’s humor and its role in uniting the XRP community.
BMT: A playful jab at Bitcoin Maximalists
Bitcoin Maxi Tears, the latest addition to the XRP Ledger, is both a meme and a statement. Designed to humorously taunt Bitcoin Maximalists, the coin celebrates XRP’s rise and resilience amid criticism. Jeremy Hogan noted the irony, stating, “Good things to come out of all the BTC maxi attacks against XRP: a more united community, and some funny memecoins on the XRPL!”
BMT price dynamics. Source: dexscreener.com
XRP’s rising prominence fuels memecoin creation
The launch of BMT comes as XRP cements its position as the top U.S.-based cryptocurrency by market cap, according to CoinGecko. XRP’s $559 billion market cap leads a group of “Made in USA” coins, surpassing major players like Solana and USDC.
The memecoin reflects XRP’s growing influence and resilience, particularly as it challenges Bitcoin’s dominance in the cryptocurrency market.
Recently we wrote, that Ripple’s XRP has experienced a remarkable surge in trading activity, with volumes rising by 65% on South Korea’s leading exchanges, Upbit and Bithumb, over the past 24 hours.
