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Reading: Why did Vine crypto price skyrocket 90% today?
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Your Crypto News Today > News > Crypto > Altcoins > Why did Vine crypto price skyrocket 90% today?
Altcoins

Why did Vine crypto price skyrocket 90% today?

August 3, 2025 4 Min Read
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Omni Network crypto explodes amid staggering $1.4b derivatives volume

Table of Contents

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  • Right here’s why Vine crypto is skyrocketing
    • What did Musk say about Vine Coin?

Vine Coin is trending because the top-gaining crypto within the 500 largest cash by market capitalization, with a 90% spike extending weekly beneficial properties to a triple-digit upside for the memecoin.

Abstract

  • Vine Coin value exploded 90% prior to now 24 hours to increase weekly beneficial properties to 275%.
  • The VINE memecoin, launched on Solana in January 2025, skyrocketed amid market response to a tweet by Elon Musk.
  • Musk’s posts have beforehand seen Dogecoin and different memecoins go parabolic.

The Vine Coin token, a meme coin on Solana that’s listed on main exchanges corresponding to OKX, Bitget and MEXC, was up 90% within the final 24 hours because it traded round $0.17. VINE’s surge is accompanied with a 322% spike in day by day quantity, which reached $842 million to sign important exercise.

You may additionally like: The altcoin season is nearing: greatest crypto to purchase for giant beneficial properties

Right here’s why Vine crypto is skyrocketing

Among the many greatest crypto gainers on July 28, 2025 are three small cap tokens – Vine Coin, Simon’s Cat and Block. The costs of CAT and BLOCK had been up 64% and 33% within the final 24 hours respectively. However VINE dwarfed these with over 90% in intraday beneficial properties pushing its weekly surge to over 278%.

So why is Vine Coin seeing such a pointy spike in its worth?

Market information exhibits the memecoin shot up on July 24, 2025 when it rose from $0.038 to $0.075.

The uptick, which noticed VINE double its value and broke above $0.16, coincided with an Elon Musk submit about reviving Vine – a well-liked brief video sharing platform.

What did Musk say about Vine Coin?

Rus Yusupov, a co-founder of Vine app, launched the Vine Coin token on January 18, 2025. The token is a tribute to the unique video app.

“We’re bringing again Vine, however in AI kind,” Musk famous.

The announcement, additionally made earlier within the yr, catalyzed the coin’s value surge, with the market cap doubling. VINE is trending, and a few analysts say the token might not be carried out with the upward flip but.

Final week, Elon mentioned “We’re bringing again Vine…”
CT heard “SEND IT.”

However the true motion got here within the final 24h, when $VINE greater than doubled and climbed to prime #2 sentiment gainer and prime #6 mindshare gainer.

So what triggered the second leg up?

Right here’s the play-by-play:
→… pic.twitter.com/Y3jCe83Ehg

— Cookie DAO 🍪 (@cookiedotfun) July 28, 2025

Crypto analyst Sudelytic has predicted by way of X {that a} break above $0.18 may ship the Vine crypto value to above $0.40.

Memecoins corresponding to Dogecoin and Pepe have all rallied on the again of tweets and posts by Elon Musk, the CEO of Tesla and SpaceX. Musk additionally owns X.

You may additionally like: CAKE value breaks out on robust quantity, eyes 38% rally to $4.50

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