Hey there, meme enthusiasts and crypto explorers! Let’s dive deep into VineX, a token that’s been buzzing on the Solana blockchain. As your former CoinDesk editor-in-chief turned Meme Insider guide, I’m here to break it all down for you in plain, conversational English, with a focus on SEO and Semantic Triples to keep it clear and findable.

What is VineX?

VineX is a cryptocurrency operating on the Solana blockchain, identifiable by the symbol VineX and the token address 5etHKPV37zoYhmxHDa7PiJj6EyXG2QRyggNhPSBypump. It’s a relatively new token, and while we’re digging into the details, it’s crucial to remember that, like many meme tokens, it comes with its own set of risks. Think of it as a digital echo of the beloved (and defunct) Vine video platform, aiming to build a community around short, shareable content.

Key Characteristics

• Blockchain: Solana. This means VineX benefits from Solana’s high speed and low transaction costs, making it ideal for active trading and potentially for dApps (decentralized applications).
• Token Type: VineX is likely an SPL token, Solana’s version of Ethereum’s ERC-20 standard. This makes it a “fungible token,” meaning one VineX is the same as another.
• Token Contract Address: The unique address 5etHKPV37zoYhmxHDa7PiJj6EyXG2QRyggNhPSBypump lets you track all transactions and holders on Solana explorers. You can view the token’s on-chain data using block explorers such as Solscan or Solana Explorer.

Where Can You Find VineX?

VineX is currently listed on several decentralized exchanges (DEXs) on Solana:

• Raydium: You can trade VineX against SOL (Solana’s native token) on Raydium.
• Meteora: Similarly, VineX/SOL trading is available on Meteora.

You can track the real-time price, trading history, and liquidity of VineX on platforms like DEX Screener, which provides detailed analytics for tokens across various DEXs.

Diving into the Numbers

Okay, let’s get a bit technical (but I’ll keep it easy to understand!):

• Current Price: Around $0.0007672
• Market Cap: Roughly $767,252
• Liquidity: About $114,432. This is important because higher liquidity means you can trade more easily without causing large price swings.
• Fully Diluted Valuation (FDV): Also around $767,252. This indicates a high initial supply or that most tokens are already released.
• 24h Trading Volume: $36,375.67

Tokenomics: While the exact total supply isn’t stated, the FDV suggests that the supply is either fully minted or very large. The primary liquidity pool is VineX/SOL on Raydium.

What’s the Deal With VineX?

VineX seems to tap into nostalgia for the old Vine video app, aiming to build a community around short-form video content or something similar. However, clear and detailed use cases are not widely documented, and it’s primarily seen as a meme coin. It’s worth noting that it was launched very recently (around January 23, 2025).

The token has been promoted with hashtags like #VINExBingX and #VINElistBitget, so the team is clearly making efforts to list VineX on centralized exchanges and increase its visibility.

Community and Adoption

• Holders: VineX has a modest 66 holders. Interestingly, the top 10 holders possess 57% of the supply, and developers hold a significant 23.02%. This could be something to consider, because a high concentration of tokens in the hands of few entities can create risks.
• Social Media: VineX is active on platforms like X (formerly Twitter), promoting community-driven hype events and memes. This is very common for meme tokens, so it is important to be careful.

Risks and Considerations

Let’s be real—meme tokens come with risks! Here are a few to keep in mind about VineX:

• Volatility: Meme tokens are known for their dramatic price swings. VineX is no exception.
• Lack of Fundamental Value: VineX is primarily driven by community interest and does not have a strong use case other than its “meme” status.
• Potential Scams: The meme token space is rife with projects that could turn out to be scams or rug pulls, where developers abandon the project with investors’ funds.
• Liquidity: Despite moderate liquidity, sudden market shifts can cause slippage in trades.
• Centralization: Given a large percentage is held by the team, decisions may not reflect the broader community’s wishes.
• Intellectual Property: The name VineX could lead to issues related to intellectual property, given its association with the defunct video-sharing service.

Conclusion: Proceed With Caution

VineX is a new meme coin on the Solana blockchain, tapping into nostalgia for Vine. While it has some traction, its long-term viability remains uncertain. Always remember the golden rule: invest only what you can afford to lose. Do your own research and be careful.

Disclaimer: This report is for informational purposes only and is not financial advice. Investing in cryptocurrencies is risky. Always do your own research before investing.

As more details surface, we will update our findings, so keep your eye on Meme Insider for the most current assessment of VineX.