In early 2025, the cryptocurrency market has once again been influenced by memecoins. Vinecoin, launched by Vine co-founder Rus Yusupov, has garnered significant attention.
The Surprise Launch of Vinecoin
The story of Vinecoin began with discussions on social media about the potential revival of the Vine platform. Rus Yusupov announced the launch of VINE through his X account. The Vinecoin website states that the token is not an investment opportunity or security.
Vinecoin Tokenomics
Vinecoin's economic structure includes: Total supply of 1 billion VINE tokens. 5% reserved for the development team, which will be unlocked on April 4th, 2025.
Analysis and Prospects of VINE
Potential risks for VINE include possible selling pressure due to token unlock and lack of utility beyond speculation. However, limited supply and the founder's notoriety could play in its favor.
Vinecoin's future remains unclear. Its success will depend on community interest and overcoming the challenges posed by the April 2025 token unlock.