A striking new project has recently emerged in the crypto assets market. The Vine Token (VINE) made its debut on the Solana blockchain in January 2025, initiated by Rus Yusupov, a co-founder of the original short video platform Vine. The emergence of this project evokes nostalgia for the classic application Vine, which ceased operations in 2016.

The total supply of VINE is 1 billion coins, all of which are in circulation. The development team holds 5% of the tokens and claims that they will be locked until April 2025, with the unlocking closely related to the restart of the Vine platform. However, it is worth noting that VINE is essentially a purely community sentiment coin, lacking technological innovation and practical ecological functionality.

On July 24, 2025, a significant piece of news shook the market. Elon Musk announced plans to "reboot Vine in the form of AI." This news quickly propelled the price of VINE to soar by 160% within 24 hours, with its market value briefly approaching $100 million. This phenomenon highlights the characteristics of VINE's high dependency on celebrity effects and market sentiment.

However, the future of VINE is filled with uncertainty. Optimists believe that if the Vine platform can successfully revive and integrate tokens with the help of AI technology, it may fill the market gap by leveraging the nostalgia economy against the backdrop of TikTok facing restrictions in the U.S. However, VINE also faces significant risks. Its price is highly volatile, having dropped 85% within a single month. Additionally, most of the founder's past entrepreneurial projects have ended in failure, and their motives are also questioned.

As a Meme coin lacking substantial backing, VINE carries a high risk of going to zero. Investors need to carefully assess their own risk tolerance. The long-term value of VINE depends on whether the Vine platform can substantively restart and whether the token functionalities can truly be realized. In this uncertain crypto market, the fate of VINE will undoubtedly become the focal point of people's attention.