Ticker | Price | Txns 24h | 1H | 6H | 24H | Liquidity |
---|---|---|---|---|---|---|
$VINE | $ 0.03591 | 14754 | -0.89% | -5.7% | -15.09% | $3,437,678 |
Vine coin ($VINE) is a meme coin based in Solana. Its creation was inspired by a short-form video hosting website of the same name. Launched in June 2012 by Rus Yusupov, Dom Hofmann, and Colin Kroll, the video-sharing platform amassed over 200 million users within three years of inception.
Four months after its debut, Twitter (now called X) bought the video-sharing website for $30 million. Fast-forward to January 2017, Twitter shut down Vine operations shortly after the bird app downsized its workforce.
Back to the present, Twitter’s new owner, Elon Musk, is considering reviving Vine as an alternative to purchasing the rival video-sharing platform TikTok. This glimmer of hope moved Rus Yusupov to launch $VINE using the Solana-based meme coin generator Pump.fun. Within a few days of launch, the meme coin attracted thousands of token holders and former Vine users.
According to the official website, the Vine coin commemorates the beauty of togetherness and creation. Yusupov promised to funnel all profits to X, now serving as a platform for free speech and self-expression. Urging everyone to join in this new movement, the website states, “Do it for the Vine.”
As of this writing, $VINE has no outlined roadmap. Its primary goal is to serve as a tribute to the once-viral video-sharing platform Vine.
$VINE is the lifeblood of the Vine coin ecosystem. Its creator, Rus Yusupov, promised to devote all the proceeds to X to support its operations. Aside from these, the Solana-based meme coin has no other utility as of this documentation.
Launched on January 23rd, 2025, $VINE has a total supply of 999.99 million tokens. Due to its viral background, the Solana meme token soon captured the attention of the leading crypto exchange, Binance, which listed the digital asset in its futures market.
As of this writing, the meme coin has amassed a market capitalization and liquidity of $330 million and $11 million, respectively. Its price has also soared significantly by 145% in 24 hours to a valuation of $0.325.
Despite not having official social media handles, Vine coin attracted over 101,000 token holders less than a week after its debut, thanks to its deep connection with the once-viral video-hosting platform.
CA: 6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump
This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.
While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.
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