Vine’s Surprise Return Creates Market Shock
The Vine Coin is causing a sensation in the cryptocurrency market ! This memecoin, launched in early 2025 on the Solana network, has seen its price skyrocket by nearly 90% within 24 hours. While most other altcoins struggled, VINE managed to stand out, reaching new heights. But what explains this meteoric rise ?
The answer lies in recent statements from Elon Musk, Tesla CEO and owner of X. Musk announced the return of Vine, the former short-video sharing platform that experienced massive success in the 2010s. This news immediately impacted the Vine Coin price, which almost doubled in just a few hours.
A Memecoin Riding the Musk Effect
Launched in January 2025 by Rus Yusupov, co-founder of the Vine app, Vine Coin had remained relatively unknown until now. But the announcement of Elon Musk acquiring the brand has thrust this memecoin into the spotlight. Investors have rushed to buy this coin, hoping to ride the Musk effect. He has previously triggered spectacular surges in Dogecoin and other “meme” cryptocurrencies.
According to some experts, Vine Coin hasn’t finished its upward phase. Crypto analyst Sudelytic believes that if the price manages to break above $0.18, it could then soar up to $0.40. An enticing prospect for investors who have bet on this unusual memecoin.
It remains to be seen whether this coin will maintain its positive momentum in the coming weeks. One thing is certain : all eyes are now on this cryptocurrency. It once again illustrates Elon Musk’s considerable influence on the altcoin market.
How to Buy VINE on Bitget ?
Here’s a guide to buying your altcoins on Bitget simply while enjoying a $10 bonus :
- Sign up on Bitget : Create an account on Bitget via the official website or mobile app. Provide an email address or phone number, then complete identity verification (KYC) to access all features.
- Deposit funds : Once your account is activated, deposit funds in fiat currency (EUR, USD, etc.) via bank transfer or card, or transfer cryptocurrencies from another wallet.
- Access the VINE market : Go to the trading section and select the VINE/USD or VINE/USDT pair. Bitget offers spot trading or leveraged options, depending on your strategy.
- Place a buy order : Choose a market order to buy immediately at the current price or a limit order to set a specific price. Verify the amount and confirm the transaction.