Vine Coin (VINE) is a meme-based cryptocurrency launched by Vine co-founder Rus Yusupov on the Solana network. It gained attention after Elon Musk hinted at reviving the Vine app.
Within 24 hours, VINE's market capitalization briefly reached $400 million, driven by nostalgia and speculation. This surge reflects a trend of celebrity-backed meme coins, similar to recent launches like $TRUMP and $MELANIA.
