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The founder of the token issued a $200 million token, and Musks short video Vine made a comeback | Bee Network

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The founder of the token issued a $200 million token, and Musks short video Vine made a comeback | Bee Network Login Tin tức thịnh hành Nền tảng khởi chạy meme Các tác nhân trí tuệ nhân tạo (AI) DeSci TopChainExplorer Dành cho Newbee Tiền xu 100 lần Trò chơi Ong Trang web cần thiết ỨNG DỤNG Phải Có Người nổi tiếng về tiền điện tử DePIN Tân binh cần thiết Máy dò bẫy Công cụ cơ bản Trang web nâng cao Trao đổi Công cụ NFT CHÀO, Đăng xuất Vũ trụ Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong Nền tảng phát triển QUẢNG CÁO Tìm kiếm Tiếng Anh Nạp xu Đăng nhập Tải xuống Đại học Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong QUẢNG CÁO trang chủ•Phân tích•The founder of the token issued a $200 million token, and Musks short video Vine made a comeback The founder of the token issued a $200 million token, and Musks short video Vine made a comebackPhân tích1 năm trước (2025)发布Wyatt 38.7551 8 Bản gốc | Odaily Planet Daily ( @OdailyTrung Quốc )

Tác giả: Golem ( @web3_con quỷ )

This morning, another fast token appeared on the Solana chain – VINE. The token has the same name as Vine, a short video platform that Twitter announced to shut down in 2016. Its market value exceeded $100 million in just one hour after its launch, and then fell back to $5 million. However, after Vine co-founder Rus Yusupov claimed the dev status in a Twitter bưu kiện , VINEs price soared to a market value of up to $240 million, and currently remains at around $200 million.

Vine is a short video platform similar to TikTok, which allows users to create short videos of up to 10 seconds and share them on social networks. The platform was launched in June 2012 by Dom Hofmann, Rus Yusupov and Colin Kroll. It was acquired by Twitter (now known as X) in October 2012, but Twitter announced the closure of Vine on October 27, 2016 due to a corporate restructuring plan.

Musk mentioned Vine many times, and the market continued to rise
After Musk acquired Twitter, he repeatedly expressed his idea of restarting Vine on social media.

On October 31, 2022, Musk launched a poll on Twitter , asking whether to restore Twitters short video app Vine. The results showed that 69.6% of users who participated in the vote supported the restoration of Vine. After the voting results were announced, Musk immediately instructed the Twitter engineering team to restart the short video app Vine on November 1, 2022, and announced that it would be ready by the end of the year, but it was never completed.

On April 18, 2024, Musk launched the same vote on the X platform, asking whether Vine should be restarted. In 2024, Meme coins on Ethereum had already emerged, so there were multiple Vine Meme coins with the same name on Ethereum at that time, with the highest market value reaching 7 million US dollars, which has now returned to zero.

One year later, Musk mentioned restarting Vine again, but this time he did not initiate a vote. On January 19, a user on the X platform tagged Musk and said Its time to restart Vine, and Musk responded that he was considering it.

On that day, multiple Vine meme coins with the same name appeared on the Solana chain. Among them, the meme coin with the highest market consensus ( Fun…D4AU ) had a market value of over 10 million US dollars.

Vine founder personally issues coin
Although there are many meme coins with the same name as Vine on the market, none of them has been recognized or interacted with by Vine or Musk.

It is quite dramatic that this morning, one of the co-founders of Vine, Rus Yusupov, issued a meme coin with the same name. Although he sold the short video platform Vine to Twitter 4 months after creating it, and has no ownership of Vine since then and has not participated in the subsequent development and maintenance, due to his status as a founder, the market quickly recognized his VINE (6A…pRpump) as the leader. Other meme coins with the same name are close to zero.

But FOMO is far from over. This afternoon, Rus Yusupov đã đăng : All VINE tokens held by developers are locked until April 20, and will continue to be locked until Vine is restarted. After the news was announced, VINE rose in response, and its market value exceeded US$100 million.

Rus Yusupov鈥檚 address publicly holds 5% of the total supply of VINE, which is currently locked. Although the dev lock is a positive for the token, except for Rus himself who had a brief relationship with the Vine platform, the Meme coin of the same name issued by him is also like other Meme coins, which is a hot topic and has nothing to do with the Vine platform. The key point is always Musk.

It is worth noting that after selling Vine, Rus Yusupov and Dom Hofmann started another business after 2017 to establish the live game interactive app HQ Trivia. In February 2020, HQ Trivia announced its closure. Although Rus Yusupov later purchased the HQ franchise and kept it running, there has been no game since November 2022, and HQ Trivia was also removed from the Apple App Store and Google Play Store on August 5, 2023.

In the current market environment, Meme鈥檚 funding capacity has surpassed that of the past. Although Vine鈥檚 Meme coin has been hyped many times in the past, it still attracts people鈥檚 attention. It is unknown whether Musk will really fulfill his promise to restart Vine this time.

Whether Rus Yusupovs coin issuance is to make money or to speak for the Vine platform, it does not seem to be very different in this world where the US president personally issues coins. After all, there are not many people like Ross Ulbricht, the founder of the dark web Silk Road, who do not take advantage of the attention and issue coins.

This article is sourced from the internet: The founder of the token issued a $200 million token, and Musks short video Vine made a comeback

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