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Vine Coin Hits $460 Million Market Cap Amid Speculation on Vine Revival, Launched by Rus Yusupov on Solana
Jan 25, 2025, 03:21 PM
The newly launched Vine Coin (VINE), a meme cryptocurrency initiated by Vine co-founder Rus Yusupov on the Solana blockchain, has experienced a significant surge in value, reaching a market capitalization of $460 million. This spike was triggered by speculation and nostalgia following Elon Musk's hint at a potential revival of the discontinued Vine app. The coin's launch comes on the heels of a brief shutdown of TikTok, adding to the speculation about Vine's return. VINE has been listed for trading on several major cryptocurrency platforms, including Binance, OKX, KuCoin, and HTX, with OKX and KuCoin announcing spot trading availability starting January 26, 2025. The coin's trading volume has surpassed $1 billion, reflecting strong market interest.
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