VINE (Vine) emerged as a standout in the cryptocurrency market by leveraging Vine platform's nostalgic appeal and Elon Musk's influence. Within just 3 hours of launch, its market capitalization surpassed $42 million, cementing its position as a market sensation. This meme coin, rich with retro charm, encapsulates cherished memories of the Vine short-video platform while adding a unique flair to the crypto landscape.
1. Understanding VINE (Vine)
VINE is a Solana-based token created by Rus Yusupov, co-founder of Vine, to commemorate unity and creativity. Launched in June 2012 and acquired by Twitter that October, Vine pioneered 6-second looping videos for instant life-sharing. It peaked in popularity in 2015 but closed in October 2016 due to user attrition and competition. Musk has since floated the idea of reviving Vine through community polls.
Yusupov stated:
"Vine was built to bring people together and celebrate individuality. We shaped culture with millions of videos. This token honors that legacy. Developer tokens won’t be sold, and profits will support X—a beacon for free speech."
2. The Genesis of VINE (Vine)
2.1 Vine’s Legacy and Evolution
- Founding: Created in 2012 by Dom Hofmann, Rus Yusupov, and Colin Kroll.
- Acquisition: Twitter bought Vine for $30 million later that year, launching it globally in January 2013.
Innovations:
- 6-second looping videos
- Auto-play feature for viral "earworm" content
- One-touch recording for seamless jump cuts
- Early influencer ecosystem (e.g., Logan Paul, Zach King)
Despite shutting down in 2017, Vine’s DNA lives on in platforms like TikTok and Instagram Reels.
2.2 The Birth of VINE Token
On January 23, 2025, Yusupov announced VINE on X, backed by a verification video to dispel hoax claims. Musk’s prior tweets about reviving Vine fueled anticipation, giving the token immediate visibility.
2.3 Market Performance
- Launch Day: $42M market cap within 3 hours; $180M trading volume.
- Current Stats: $197M market cap, nearing full dilution (1B max supply).
3. VINE Token Fundamentals (2025 Data)
Metric | Value |
---|---|
Market Cap | $197,293,296 |
Circulating Supply | 999,993,226 VINE |
Max Supply | 1,000,000,000 VINE |
Blockchain | Solana (SOL) |
Contract Address | View on Solana |
👉 Trade VINE on Gate.io (High volatility—trade cautiously)
FAQs
Q1: Is VINE affiliated with Vine’s original platform?
No. VINE is a independent crypto tribute by Vine’s co-founder, not an official revival.
Q2: What makes VINE different from other meme coins?
Its cultural ties to Vine’s iconic short-form video era and Rus Yusupov’s endorsement set it apart.
Q3: How can I buy VINE?
It’s listed on Gate.io—ensure you’re using the official Solana contract address to avoid scams.
Q4: Will profits from VINE support Vine’s return?
Per Yusupov, proceeds fund free-speech initiatives on X, not platform development.
Conclusion
VINE (Vine) masterfully bridges crypto innovation and pop-culture nostalgia. Its explosive debut underscores the power of community-driven projects in Web3. While speculative, its cultural resonance makes it a fascinating case study in meme coin dynamics.
Disclaimer: Cryptocurrency investments are high-risk. This article is not financial advice.
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