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Market News

Multiple memecoins pop up on Pump.Fun after Ripple’s SEC victory

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published 2025-03-20·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Multiple memecoins pop up on Pump.Fun after Ripple’s SEC victory

After four years of legal battles, Ripple is finally in the clear zone as the SEC dropped its lawsuit. The news hit the market fast, and XRP’s price jumped right away. But while Ripple supporters were celebrating, scammers were busy launching fake memecoins to ride the wave of hype.

Scammers wasted no time launching random tokens on pump.fun, slapping Ripple-related names on them. Coins like RippleDrop (RDROP), RippleRoar (RRRX), XRP Ripple (RLUSD), and Ripple Victory (RVY) showed up, clearly designed to trick people into thinking they were legit.

Ripple-based memecoins on pump.fun
Source: Pump.fun

Most of them had a tiny market cap, some barely hitting $2K-$3.8K. Basically, they were created just to get a quick pump before disappearing.

This is nothing new. Every time there’s major news in crypto, scammers come out of nowhere, launching fake projects just to grab attention. People who FOMO in without checking what they’re buying often end up holding worthless tokens.

Meanwhile, XRP actually saw a solid price boost as investors turned bullish. The market, which had been struggling for weeks, finally showed some signs of recovery. But while XRP holders are celebrating, the flood of fake tokens is a reminder, that just because something looks related to Ripple doesn’t mean it’s the real deal. Always double-check before throwing money at hype coins, or you might end up getting rugged.

Also Read: Trader Falls For Fake News & Buys $504k of TRUMP, Lost $26k in 2 Min

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Pump.fun
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