The newest meme coin to stir the crypto waters is none other than Bitcoin Maxi Tears (BMT), launched on the XRP Ledger (XRPL). This coin is a light-hearted jab at the Bitcoin Maximalists, a group known for their unwavering support of Bitcoin. The creators of BMT, in a playful tone, urge these Bitcoin supporters to “cry harder” as XRP gains increasing popularity and traction in the crypto world.
The introduction of BMT has been met with a mixture of humor and anticipation, particularly from the XRP community. Attorney and XRP supporter, Jeremy Hogan, responded to the launch, 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!”
The launch of Bitcoin Maxi Tears has caused more than a few ripples in the crypto sphere. Beyond its humorous intent, BMT is also gaining recognition as a promising asset on the XRPL. Within a mere 24 hours of its launch, BMT saw a tremendous 120% increase in 24-hour trading volume. It has already been listed on decentralized exchanges such as ZenDex and X magnetic, opening doors for those interested in investing in this new token. The creation of this meme coin, while playfully taunting Bitcoin Maxis, also serves as a testament to XRP’s resilience in the face of opposition.
XRP, meanwhile, has been making waves in the American coin scene. It currently holds the top spot in CoinGecko’s “Made in USA” coins by market cap, surpassing other notable coins such as Solana and USDC. Out of the total market cap of $559 billion for U.S.-based coins, XRP has undeniably secured a significant lead. This has understandably ruffled the feathers of Bitcoin Maximalists.
The rise of XRP, particularly as it begins to challenge Bitcoin’s dominance, has been met with backlash from certain sectors of the crypto community. This has, in turn, fueled the creation and popularity of meme coins such as BMT.
In the volatile and ever-changing landscape of cryptocurrencies, the arrival of BMT is not just a moment of levity, but also a reflection of the ongoing rivalry between different digital currencies. Whether it’s embraced for its humor or its potential as an asset, one thing is clear: Bitcoin Maxi Tears is adding a new twist to the crypto narrative. It remains to be seen how this latest addition to the XRPL will influence the ongoing conversation around cryptocurrency supremacy.
