Taha Abbasi explores the rise of $VINE, its connection to Vine co-founder Rus Yusupov, and the growing speculation around Elon Musk’s involvement.
What Is $VINE and Why Is It Exploding?
The relaunch of Vine, the legendary short-form video platform, has sparked massive interest in its native token—$VINE. Created by Vine co-founder Rus Yusupov, this Bitcoin-based meme coin has already gained traction in the crypto world, and rumors of Elon Musk’s potential backing have only fueled the hype.
Unlike most meme coins, which rely purely on speculation, $VINE has direct ties to an existing internet brand. If integrated into the new Vine platform or X (formerly Twitter), it could become one of the most widely used social media tokens in history.
With Dogecoin struggling to find real-world use cases, $VINE is emerging as a serious contender in the meme coin space.
Massive Trading Volume and Early Adoption
Within 24 hours of launch, $VINE recorded $1.35 billion in trading volume, making it one of the biggest Bitcoin-based token launches ever.
While Dogecoin took years to gain mainstream attention, $VINE is already outperforming top meme coins in early engagement, with speculation that X and Vine 2.0 may integrate the token into their platforms.
Elon Musk’s Influence and the Future of $VINE
Elon Musk has long been a supporter of Dogecoin, but his involvement with X (formerly Twitter) and recent engagement with Rus Yusupov has led to speculation that $VINE could become the native token of Musk’s social media empire.
If Musk publicly supports $VINE, it could instantly become one of the most valuable meme coins in the market. With a Bitcoin-based foundation, social media integration potential, and a well-known founder, $VINE is positioned for exponential growth.
As the Vine relaunch unfolds, the biggest question remains: will $VINE become the first social media-powered meme coin to overtake Dogecoin?
Stay updated with Taha Abbasi’s latest insights by following his YouTube channel, X profile, and visiting TahaAbbasi.com.