Vine Coin Market Cap Surges 106% After Musk Announces AI-Driven Revival

The revival of Vine, the once-popular short-form video app, has triggered a sharp surge in the value of Vine Coin, a Solana-based meme token launched earlier this year by Vine’s co-founder, Rus Yusupov. The spike followed a July 24, 2025, announcement by Elon Musk, CEO of X (formerly Twitter), that the platform would be reintroduced in an AI-driven format. Musk’s statement reignited interest in the app and its associated cryptocurrency, with Vine Coin’s market cap surging from $42.2 million to a peak of $86.7 million within days. Despite the enthusiasm, there remains no official confirmation that the relaunched app will integrate Vine Coin or any specific utility for the token.

Yusupov, who launched Vine Coin in January 2025, previously hinted at a relaunch by distributing a waitlist link for the token. The project initially saw a brief spike to a $500 million market cap but crashed by 92% in the following month. The recent price rebound reflects renewed optimism among investors, fueled by Musk’s promise to “bring back Vine” and his directive to X’s AI division to develop the project. Yusupov has also shared AI-generated content, including a video of himself lip-syncing to Musk’s AI-related remarks, which X’s native model Grok identified as AI-generated. This has led to speculation that Vine’s relaunch could include AI tools for content creation or curation, though technical details remain unconfirmed.

The meme coin’s price action aligns with broader patterns in cryptocurrency markets, where social media endorsements from influential figures can rapidly sway investor sentiment. Musk’s prior influence on tokens like Dogecoin and Bitcoin has demonstrated the power of celebrity narratives in driving speculative trading. However, the lack of concrete details about Vine’s relaunch—such as a timeline or specific features—leaves room for skepticism. Analysts caution that the token’s long-term viability will depend on whether the app gains meaningful adoption and if the coin is integrated with tangible utility. For now, the surge underscores the enduring role of hype and nostalgia in crypto markets, particularly for platforms with established user bases.

Vine Coin’s current price of $0.057 represents a 87% decline from its peak, despite the recent rally. This volatility highlights the speculative nature of meme coins, which often thrive on social media-driven momentum rather than fundamental value. While Musk’s endorsement has rekindled interest, the app’s success will ultimately hinge on its ability to innovate in the crowded AI-integrated social media landscape. Investors remain cautiously optimistic, with some community members suggesting the token could be used for in-app transactions or creator monetization, though no official partnerships have been announced.

The event also reflects a broader trend of legacy platforms leveraging AI to re-enter the market. Vine, which was acquired by X in 2012 and shut down in 2017, has a dedicated fanbase that could be re-engaged with modernized features. However, challenges such as regulatory scrutiny of meme coins and the inherent volatility of social media-driven assets may persist. The absence of a clear roadmap for Vine’s relaunch further complicates predictions about the coin’s future trajectory.

As of the latest data, Vine Coin’s market cap stands at approximately $58 million, a modest recovery from its pre-Musk-announcement level. The token’s performance underscores the fragile balance between hype and practicality in the cryptocurrency space, where even a single tweet from a high-profile figure can trigger significant short-term gains, though long-term success remains uncertain.

Source: [1] [Vine Meme Coin Spikes After Elon Musk Says the App Is Returning—With an AI Twist] [https://decrypt.co/331590/vine-meme-coin-spikes-elon-musk-says-app-returning-ai]