Token

Future

Apex

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ripple-launches-meme-token-contest-and-achieves-new-milestones/" data-wpel-link="internal">Ripple Launches Meme Token Contest and Achieves New Milestones</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/citigroups-reevaluation-of-partnership-with-ripple-owned-metaco-impacts-xrp-performance/" data-wpel-link="internal">Ripple</a> Labs Inc.’s developers have recently launched a meme token contest as part of their year-end community engagement efforts. The open developer platform of the XRP Ledger, RippleX, has initiated a unique and fun program called the builtonXRPL Challenge for developers and community members. This initiative adds humor and creativity to the community and gives participants the chance to win a trip to the Apex Developer Summit.</p> 
<h2 id="meme-token-contest">Meme Token Contest</h2> 
<p style="text-align: justify">This event encourages developers to showcase their projects by creating meme tokens that include the builtonXRPL badge. RippleX actively supports the challenge by urging developers to submit their best meme tokens before the deadline. Ripple Developers’ call aims to highlight the community’s spirit and solidarity, aiming to conclude 2023 in a memorable way.</p> 
<p style="text-align: justify">While the meme token contest brings joy to the community, the underlying <a href="https://newslinker.co/category/technology/" data-wpel-link="exclude">technology</a> powering Ripple and the XRP Ledger experienced significant growth and success throughout the year. On December 30th, the XRP Ledger reached an all-time high by processing 6.8 million transactions in a single day. This milestone surpassed the previous record set in November 2021 of approximately 5 million transactions per day, underscoring the increasing adoption and scalability of the XRP Ledger.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-296348 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/xrp-2.jpg" alt="" width="1302" height="553"></p> 
<h2 id="statement-from-ripple">Statement from Ripple</h2> 
<p style="text-align: justify">November also marked another milestone with leading firm Bishop Fox conducting individual audits on the XRP Ledger for both the XLS-38 bridge and the EVM sidechain. Looking towards 2024, RippleX’s Chief Technology Officer Joel Schwartz shared insightful content about the future in his report titled “RippleX 2024: A Visionary Look at the Future of Blockchain”.</p> 
<p style="text-align: justify">A particularly exciting development provided by the cross-chain bridge is the introduction of an <a href="https://en.coin-turk.com/is-dollar-cost-averaging-a-profitable-strategy-for-ethereum-in-2023/" data-wpel-link="internal">Ethereum</a> Virtual Machine (EVM) compatible sidechain. Developed in collaboration with Ripple and Peersyst, this sidechain establishes a vital connection between the XRP Ledger and the Ethereum ecosystem. One of the key highlights is the anticipated cross-chain bridge amendment for the XRP Ledger, which is expected to enter the voting process in 2024. This amendment represents a significant step forward in interoperability and collaboration in the blockchain space.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/ripple-launches-meme-token-contest-and-achieves-new-milestones/" data-wpel-link="internal">Ripple Launches Meme Token Contest and Achieves New Milestones</a></h5>

Ripple Launches Meme Token Contest and Achieves New Milestones

Table of Contents

COINTURK NEWS

Other articles published on Dec 31, 2023

Golden Opportunities: Experts Predict NuggetRush to be the Next Big Crypto After Bonk’s 300% Surge

Siap Akhiri Tahun 2023, Inilah Pilar Bullish untuk Harga BTC di Tahun 2024

How Intent-Based Architecture Enhances Credibility of Blockchain

Solana memecoin BONK posts significant losses in one week

Market Movements: Terra Classic and XRP Dip, While Rebel Satoshi’s Presale Sparks Curiosity

Want to buy a Lambo in 2024? Then Solana (SOL) and Retik Finance (RETIK) Can Help You Get One

Join our free newsletter for daily crypto updates!