Bitcoin Maxi Tears: XRP's New Meme Coin Unites Community, Challenges Bitcoin

A new meme coin, Bitcoin Maxi Tears (BMT), has been launched on the XRP Ledger (XRPL), playfully poking fun at the long-standing rivalry between Bitcoin Maximalists and the growing XRP community. The coin, designed to celebrate the tensions between the two camps, encourages Bitcoin supporters to "cry harder" as XRP continues to gain traction.

Attorney and XRP supporter Jeremy Hogan reacted positively to the news, stating that the creation of BMT has led to a more united XRP community and the emergence of humorous meme coins on the XRPL. Within just 24 hours of its launch, BMT saw significant activity, with a 120% increase in 24-hour trading volume. It is now listed on decentralized exchanges like ZenDex and X magnetic, making it accessible to those interested in the token.

The meme coin plays into the rivalry with Bitcoin Maximalists, who have often been critical of XRP. BMT serves as both a playful jab at Bitcoin supporters and a statement about XRP's resilience in the face of criticism. The launch of BMT comes as XRP has been making waves in the U.S. cryptocurrency scene, holding the top spot in CoinGecko's "Made in USA" coins by market cap. With a total market cap of $559 billion for U.S.-based coins, XRP is firmly in the lead, much to the dismay of some Bitcoin Maximalists. The rise of XRP, particularly as it challenges Bitcoin's dominance, has triggered backlash from some corners of the cryptocurrency community, further fueling the creation of meme coins like BMT.