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**Vine** (ticker **VINE**, token name "Vine Coin") is a [[Solana]] memecoin launched on [[pump.fun]] in January 2025 by Rus Yusupov, a co-founder of the defunct looping-video app Vine.[^1][^2] It neared a $500 million market cap shortly after launch and later traded on Elon Musk's comments about reviving the app.[^3] ## Lore Twitter bought Vine in 2012 for a reported $30 million and shut it down in 2017.[^3] In January 2025 Musk said he was "looking into" bringing Vine back, amid concerns over a TikTok ban, and Yusupov launched the coin soon after.[^2] VINE drove much of pump.fun's record day on 24 January 2025, when the platform took about $15.4 million in fees, and reached a market cap of nearly $425 million; pump.fun had earlier launched [[Moo Deng]] and [[Fartcoin]].[^1] Decrypt reported a high of about $498 million, followed by a 92% fall over the next month.[^2][^3] Yusupov set up a Vine Coin website, vineco.in, with a waitlist, which fed rumours that a relaunched app might use the token.[^2] On 29 March 2025 Musk replied "feel free to take that on" to an xAI employee who said xAI owned Vine; VINE gained 122% over three days to about $55 million.[^2] On 24 July 2025 Musk said Vine would return "in AI form"; the token more than doubled to a peak of about $86.7 million before settling near $58 million.[^3] Decrypt noted no official confirmation that any relaunch would use the token.[^3] ## Timeline - 2025-01: Musk says he is looking into reviving Vine; Yusupov launches VINE on pump.fun[^2][^3] - 2025-01-24: pump.fun's record fee day, driven partly by VINE; market cap nears $425 million[^1] - 2025-03-29: Musk replies "feel free to take that on"; VINE rises 122% over three days[^2] - 2025-07-24: Musk says Vine will return "in AI form"; VINE peaks near $86.7 million that day[^3] ## See also - [[Celebrity memecoins]] - [[YZY]] - [[Broccoli]] - [[Iggy Azalea]] - [[Haliey Welch]] - [[Daddy Tate]] - [[Mother Iggy]] - [[Hawk Tuah]] ## References 1. [Pump.fun set single-day revenue record, raking in $15.5 million in fees following anniversary](https://theblock.co/news/ecosystems/2025-01-26-pump-fun-set-single-day-revenue-record-raking-in-15-5-million-in-fees-following-anniversary-337065), The Block, 2025-01-26 2. [Solana Meme Coin Spikes as Elon Musk Hints at Vine Revival](https://decrypt.co/312454/elon-musk-vine-revival-solana-meme-coin), Decrypt, 2025-03-31 3. [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), Decrypt, 2025-07-24
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