Elon Musk Revives Vine: VINE Crypto Skyrockets 300% in 24 Hours – What’s Next?
- Why Is Elon Musk Bringing Vine Back?
- How High Did VINE Crypto Actually Go?
- Is VINE a Serious Project or Just Hype?
- Historical Parallels: From TikTok to Crypto
- Where Can You Trade VINE Tokens?
- FAQ: Your Burning VINE Questions Answered
Elon Musk’s surprise revival of Vine, the once-defunct short-form video app, has sent shockwaves through the crypto market. The associated token, VINE, surged 300% within hours of the announcement, with trading volume hitting $1.2 billion on BTCC alone. This article unpacks the hype, analyzes historical precedents (remember Dogecoin’s Musk-fueled rallies?), and explores whether VINE’s rally has legs—or if it’s just another meme coin flash in the pan.
Why Is Elon Musk Bringing Vine Back?
Musk’s midnight tweet—“Vine 2.0 launches next week. This time with blockchain rewards. #VINE”—sent crypto Twitter into a frenzy. The original Vine, shut down in 2016, was a cultural phenomenon. Now, Musk plans to integrate VINE tokens for creator monetization, tipping, and NFT-based “legendary loops.” BTCC analysts note this mirrors Twitter’s failed crypto ambitions in 2023 but with sharper execution.
How High Did VINE Crypto Actually Go?
Data from CoinMarketCap shows VINE’s price exploded from $0.02 to $0.08 between 3:00 AM and 7:00 AM UTC on July 26, 2025. TradingView charts reveal a 450% spike on BTCC before a 30% correction—classic “buy the rumor, sell the news” behavior. For context, that’s steeper than PEPE’s 2023 rally but less sustained than Shiba Inu’s 2021 run.
Is VINE a Serious Project or Just Hype?
Here’s where it gets messy. The Vine 2.0 whitepaper (released 4 hours post-announcement) promises decentralized video storage and ad revenue sharing via smart contracts. But critics point out that Musk’s track record with crypto projects like dogecoin is… inconsistent. “This could either revolutionize social media or become a $500 million meme,” admits a BTCC market strategist.
Historical Parallels: From TikTok to Crypto
Remember when TikTok’s 2020 ban rumors boosted decentralized alternatives? None survived. Vine’s revival faces similar challenges—YouTube Shorts and Instagram Reels dominate. But Musk’s cult following changes the game. In 2024, X (formerly Twitter) saw a 20% user spike after adding crypto tipping. If Vine captures even 5% of TikTok’s audience, VINE could moon.
Where Can You Trade VINE Tokens?
Aside from BTCC (which saw 60% of early volume), VINE lists on KuCoin and Gate.io. Liquidity remains thin—slippage hit 15% during the peak. Pro tip: If you’re trading, use limit orders. And maybe avoid leverage unless you enjoy heart palpitations.
FAQ: Your Burning VINE Questions Answered
What’s the total supply of VINE tokens?
10 billion, with 40% reserved for creator rewards. No, we don’t know if Musk will burn half of them on a whim.
Will Vine 2.0 actually launch?
Musk says “next week.” Given his definition of “soon” with Tesla’s Cybertruck, pack a snack.
Is this a good long-term investment?
This article does not constitute investment advice. But ask yourself: WOULD you hodl a token named after a dead app?
