How To Buy XRP Meme Coins In 2025

Meme coins are volatile assets that offer users the potential for great gains at low costs. XRP, following Solana and Base, is the next in line as a hotspot for meme coin trading. In this guide, you will learn how to buy XRP meme coins, where to go to find them, and how to stay safe when trading them.

How to buy meme coins on XRP

Let’s take a look at each step in some detail.

1. Download an XRP wallet

Before you can buy any XRP meme coins, you will need to create a wallet to interact with exchanges and store your tokens. You can use any XRP wallet, but for this guide, we will use GemWallet as an example.

1. Download a wallet: Navigate to the official GemWallet website. Select Download to begin the installation.

2. Install the wallet: GemWallet is available on mobile and as a browser extension. We will continue with the browser extension for convenience.

3. Create a wallet: Select Create a new wallet to finish creating your XRP wallet. Follow the instructions and safely store your private keys.

2. Acquire XRP

To buy any XRP meme coins, you will need some XRP to swap. Here is a brief overview of how you can acquire XRP coins to trade. We will use Kraken exchange for this example.

1. Choose an exchange: Select an exchange that you trust to purchase some XRP. You will need to register an account and download the app, if applicable.

2. Select XRP: Open the application and select XRP. On the Kraken app, XRP will appear on the home screen under the most popular tab — so you will not have to search for it. For other apps, you may have to look for a search tab to find XRP.

3. Select the amount of XRP: Once you have found XRP, select the amount you would like to purchase. Confirm your order to buy XRP.

3. Buy XRP meme coins

There are several ways to purchase XRP meme coins. For this part of the guide, we will use the Magnetic exchange.

1. Find an exchange: In most cases, you will need to find an exchange where you can purchase XRP meme coins. Decentralized exchanges offer a way for users to launch and purchase tokens permissionlessly.

2. Connect your wallet: Use your XRP wallet to connect to the exchange.

3. Select a meme coin: If you already have an XRP meme coin in mind, this next step will be simple. Navigate to the swap tab and enter the token you would like to purchase. Select the amount you would like to purchase and create a Trustline with the token to complete your transaction.

Where to buy XRP meme coins

There are not yet very many meme coin marketplaces on XRP, as it is a niche market. However, the top platforms for purchasing some are Magnetic and First Ledger — the latter being the most popular in March 2025.

First Ledger

First Ledger is a trading platform on XRPL. It offers a streamlined user experience by allowing traders to create a wallet with an email or X account. It became popular with its Telegram integration, which allowed users to create wallets. However, this feature is currently unavailable due to a Telegram update.

The more XRP the token creator burns, the more of their own token they receive in the dev allocation, allowing for up to a 30% developer (dev) allocation.

Magnetic

Magnetic is a comprehensive platform for XRPL and XAHAU. It has DEX functionality for buying and selling tokens, farming capabilities, and a launchpad for meme coins — Memepad.

The Memepad is similar to Pump.fun in that it restricts the token launch process to prevent rug pulls. Token creators must buy their own tokens and can only own 80% of the total supply of tokens they create. If you don’t have a token in mind, you can switch to the Memepad tab to find some.

How to stay safe trading XRP meme coins

To stay safe trading XRP meme coins, users should first understand that they are highly volatile. The majority of meme coins are unsuccessful in the long term. Most have short-lived bullish price runs, from which they rarely recover.

In other words, the majority of meme coins’ prices rise and fall quickly and almost never return to all-time highs. Therefore, you should always minimize your exposure to such markets.

Moreover, traders should remain aware of phishing scams that impersonate legitimate projects. This is common with meme coins in general and not necessarily indicative of tokens on XRP.

Lastly, you should consider the security of the platforms from which you purchase XRP meme coins. For example, while Magnetic restricts certain aspects of the token creation process, token creators can still purchase up to 80% of their own token’s supply. This could lead to a liquidity grab that is only marginally less extractive than an actual rug pull.

XRP meme coins are a niche market

Amidst the optimistic atmosphere surrounding XRP, it seems that yet another market for meme coin trading has emerged. Like many other ecosystems, trading meme coins on XRP is simple. Users need only to create a wallet, acquire XRP, and select an exchange to trade on.

The most popular venues for creating and buying XRP meme coins are First Ledger and Magnetic. However, traders should remain cognizant of the inherent risks of trading meme coins. Always remember to do your own research around these platforms and meme coins, and never risk more than you can afford to lose.