{
Garrick Hileman

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}
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Vine meme coin surges as Elon Musk hints at app revival

A meme coin called $VINE, launched by Vine cofounder Rus Yusupov, has quickly gained traction, surpassing a $200 million market cap following Elon Musk's hints at reviving the Vine app. As of 7 a.m. ET, it was trading at over 22 cents, with speculation it could reach $500 million. The launch coincides with a broader crypto market rally, fueled by Donald Trump's administration's pro-crypto stance, despite skepticism surrounding the volatility of meme coins.
Newsweek
Bitcoin USD USA Rus Yusupov Joe Biden Elon Musk Donald Trump Melania Trump Dom Hofmann Peter McCormack Kamala Harris Garrick Hileman Show more
Business & Industry, News Article
15:03 23.01.2025
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