CandleFocus Is Vine Coin Elon Musk’s next big meme crypto bet?
2025-01-29
Author: Content Editor
The cryptocurrency market is buzzing with speculation about Elon Musk's potential influence on a meme coin called Vine Coin (VINE), which is believed to be linked to the Vine app that Musk's social media platform X may bring back. Despite no confirmed connection to Musk or the original Vine project, VINE has experienced a surge of over 200% since its launch, driven by Musk-related hype and the broader push for "Made in USA" digital assets. The trading volume for VINE has surpassed $170 million, making it one of the most-traded meme coins. The token's popularity is also attributed to renewed interest in Vine, the short-video platform that Twitter shut down in 2017. While VINE remains a high-risk speculative asset, an official endorsement from Musk or X could lead to another explosive rally for the token.
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