The VINE token (Token Symbol: VINE, Token Address: HLJzUzWU7eFKDCvuoJ6cQCYxkinE1cXCZjxWJWwWpump) is a captivating meme coin that has carved out a unique niche on the Solana blockchain. Launched around September 2024, VINE truly soared into the spotlight in January 2025, fueled by a powerful mix of cultural nostalgia and high-profile speculation.
The Revival of a Classic: Vine's Legacy in Crypto
VINE's origin story is deeply rooted in the popular, yet now-defunct, short-video platform Vine. Vine, known for its iconic 6-second looping videos, cultivated a unique online culture before its shutdown in 2017. The VINE token was brought to life by Rus Yusupov, a co-founder of the original Vine platform, leveraging the lingering affection and cultural impact of the app.
A significant catalyst for VINE's meteoric rise was a tweet from Elon Musk on January 18, 2025, hinting at a potential revival of the Vine app. This single tweet ignited a frenzy of market activity around the VINE token, showcasing the immense power of social media influence in the crypto space. The project's marketing tagline, "Do it for the Vine," further amplified its community-driven, meme-centric ethos, resonating deeply with former Vine users and crypto enthusiasts alike.
Built on Solana: Speed and Scalability
As an SPL token (Solana Program Library token), VINE benefits from the Solana network's renowned capabilities for high-speed and low-cost transactions. Solana's robust infrastructure makes it a prime choice for meme tokens that thrive on rapid trading and dynamic community engagement. This technical foundation ensures that VINE transactions are processed quickly and affordably, enhancing the user experience.
VINE's Tokenomics: A Look at Supply and Distribution
The VINE token has a total supply of 1 billion tokens. A substantial portion of these, approximately 999.98 million VINE tokens, were reported to be in circulating supply as of June 17-20, 2025. It's important for potential holders to note that VINE does not incorporate deflationary mechanisms like token burns, meaning its supply is not designed to decrease over time.
Additionally, five percent of the total supply was reserved for the development team, with these tokens scheduled to unlock around April 4, 2025, potentially impacting market dynamics.
Market Performance: A Rollercoaster Ride
VINE's market journey has been nothing short of volatile, characteristic of meme tokens.
- Peak Performance: Shortly after its January 2025 surge, VINE reached an all-time high of approximately $0.50, pushing its market capitalization to a staggering ~$498 million.
- Price Fluctuations: The token has experienced significant swings. For instance, its value dropped by 89% from its peak to $55 million by March 31, 2025. Prices have ranged dramatically, from a high of $0.4749 in January 2025 to a low of $0.02346 in March 2025. As of June 17-20, 2025, VINE's market capitalization hovers around $28 million to $29.15 million, with the price stabilizing at approximately $0.02856.
- Trading Volume: Daily trading volume for VINE is highly variable, ranging from $338K to $19.8 million within a day, and even peaking at over $1 billion on January 29, 2025. This shows intense trading activity during peak interest.
Community and Accessibility
Despite its inherent volatility, VINE has successfully cultivated a thriving community. As of January 21, 2025, it boasted approximately 108,180 holders, growing to over 144,000 holders by January 29, 2025, and holding over 96,000 holders as of June 20, 2025. This strong engagement underscores the continued power of meme culture and the nostalgic appeal of the Vine platform.
VINE tokens are widely accessible for trading on various platforms:
- Decentralized Exchanges (DEXs): You can find VINE on Raydium, Meteora, and Jupiter.
- Centralized Exchanges (CEXs): Major exchanges like Bitget, Toobit, OKX, Gate.io, Bitmart, CoinEx, KuCoin, and Binance Alpha (among others) list VINE.
- Wallets: It can also be bought and traded directly through popular Solana wallets like Phantom Wallet.
Future Potential and Risks for Blockchain Practitioners
While VINE currently operates primarily on its meme status and speculative trading, the involvement of Rus Yusupov and the hints from Elon Musk suggest potential future utility. If the Vine platform were to be revived, VINE could theoretically be integrated for purposes like creator tipping, content monetization, or as part of an in-app reward system. A website, thevinecoin.com, even features a waitlist for a potential Vine app