Vine Coin, a memecoin on the Solana platform, has emerged as one of the fastest-growing tokens in the cryptocurrency world with an impressive 90% increase within the last 24 hours.
Sharp Price Increase
The price of Vine Coin surged by 90% in the last 24 hours, reaching $0.17. This increase was accompanied by a significant trading volume spike of 322%, amounting to $842 million.
Reasons for the Rise of Vine Coin
The price increase of Vine Coin started on July 24, 2025, when it rose from $0.038 to $0.075. This coincided with a tweet by Elon Musk about reviving the popular Vine platform. Musk stated, 'We’re bringing back Vine, but in AI form.'
Analyst Opinions
Crypto analyst Sudelytic predicts that if it breaks above $0.18, the price of Vine Coin could exceed $0.40. Memecoins like Dogecoin and Pepe have shown similar growth in reaction to Elon Musk's posts.
Thus, Vine Coin has captured the market's attention with its recent achievements and related announcements, indicating the potential for further upward momentum.
