On January 15, 2025, XRP experienced a significant surge, hitting nearly $3, a price last seen in 2018. The token has gained 15% in the last 24 hours and 28% over the past week, positioning it as the third largest cryptocurrency by market cap. This increase is partly attributed to speculation about the approval of XRP ETFs, with potential investments reaching billions of dollars. Meme coins on the XRP Ledger, notably ARMY, have also surged, achieving a new all-time high market cap of $107 million, buoyed by nearly 30% growth in just 24 hours. Other meme coins like PHNIX and LIHUA have also reported impressive trading volumes and market cap increases. The renewed interest in meme coins follows a decrease in account activation fees on the XRP Ledger, encouraging more trading. The vibrant market for meme coins continues to reflect the volatility and speculative nature of the cryptocurrency environment, with the trend capturing significant attention from investors and traders alike.

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