Token

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<ul class="news-points">
 <li>XRPL validator Vet confirms the feasibility of launching meme tokens.</li>
 <li>Developers are actively working to enhance the infrastructure for meme coin launches on XRPL.</li>
 <li>Vet believes that liquidity would not be a problem for meme coins on XRPL.</li>
</ul>
In a recent post on X, Vet, a notable XRPL validator, disclosed that launching meme tokens on the <a href="https://coinedition.com/xrp-ledger-a-new-frontier-for-precious-metals-tokenization/" rel="noopener noreferrer nofollow">XRP Ledger (XRPL)</a> is feasible, mirroring the ongoing trend on networks like Solana.
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 You can launch meme coins on the XRP Ledger too. Comparably the tooling in this aspect is not great on the XRPL, but that's fixable and devs are working on it.— Vet <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3f4-200d-2620-fe0f.png" alt="🏴‍☠️" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Vet_X0) <a href="https://twitter.com/Vet_X0/status/1817640121908498891?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 28, 2024</a>
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Vet acknowledged that the current infrastructure for launching meme coins on XRPL is not as advanced as on other platforms. However, he noted that developers are actively working to enhance this aspect.
These improvements in tooling are expected to make the process more efficient and user-friendly, ultimately attracting more projects to the XRPL.
Meanwhile, Vet’s disclosure has sparked wild reactions within the crypto community. X user <a href="https://x.com/AlonsoMordechai/status/1817642841948193269?t=vA7KQUUHbFmjJ5PrSwaKIw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Mordechai suggested</a>, “Maybe it’s best to keep the memes to a minimum on XRPL. Act like the adults in the room.�…
The post <a href="https://coinedition.com/xrpl-to-join-meme-coin-craze-developers-enhancing-infrastructure-for-token-launches/" rel="noopener noreferrer nofollow">XRPL to Join Meme Coin Craze: Developers Enhancing Infrastructure for Token Launches</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRPL to Join Meme Coin Craze: Developers Enhancing Infrastructure for Token Launches

Coin Edition

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