Relating to crypto—particularly meme cash—we’re at all times asking: what’s the following large narrative? Currently, the reply appears to lie in reviving large names from the previous.
At present, each VINE and SAFEMOON are making waves.
Sure, VINE, the short-video app that predated TikTok and Instagram, is again, however this time as a crypto.
VINE, launched by the platform co-founder Rus Yusupov Co-Founder, hit a $440 million market cap inside its first day, now stabilizing at $164 million.
Furthermore, Vine has sparked a brand new development: resurrecting nostalgic names within the crypto house, with SAFEMOON following go well with. These acquainted names are capturing consideration years after their preliminary success. However are they going to final?
Safemoon beginning to appear to be it did again in 2021#safemoon #vine #memecoin pic.twitter.com/ctPneTkIz9
— DaAdmiral (@Da4dmiral) January 24, 2025
VINE Launches on Solana, Led by Rus Yusupov, Co-Founding father of the Unique Platform
Launched by Rus Yusupov, co-founder of the unique Vine platform, $VINE is the primary crypto created by a significant tech entrepreneur for the reason that Trump Coin wave.
The token’s mission is to problem centralized programs by making a decentralized platform for content material creators. It goals to offer creators extra management and possession of their work, providing an alternative choice to conventional platforms.
VINE is presently down 40% from its ATH however nonetheless bringing immense quantity—over $800 million within the final 24 hours. VINE being backed by the platform’s precise Co-Founder provides credibility to the coin, and merchants imagine it might be a magnet for many buyers due to its nostalgia.
(VINESOL)
In lower than two days, VINE has gained over 102,000 holders. Reaching such a big quantity so rapidly highlights the platform’s virality. Do it for the VINE?
Remembering all of the enjoyable we had constructing vine — Let’s relive the magic and DO IT FOR THE #VINECOIN
CA: 6AJcP7wuLwmRYLBNbi825wgguaPsWzPBEHcHndpRpump
— Rus (@rus) January 23, 2025
SAFEMOON Is Trending As soon as Once more – WTF?
Constructing on the development of reviving classics from the previous, it appears folks simply can’t let go of SafeMoon and its unique guarantees. This isn’t the primary time somebody has launched a meme coin underneath the SafeMoon identify—in actual fact, it’s fairly the other.
Nevertheless, this time it appears to resonate with the present narrative, surging to over $85 million in market cap inside hours and reaching $255 million in buying and selling quantity.
50% of the availability was despatched to HCWL CEO Hunkusun on X, who acknowledged that he burned 10%, added 39% to liquidity, and allotted 1% for KOLs and advertising and marketing. This was a very good gesture for all Safemoon holders.
That being stated, the meme coin narratives are shifting quickly. Because the launches of TRUMP and MELANIA tokens, the market has struggled to choose a dominant theme.
As a substitute, we’ve seen a wave of one-day hype cash that rapidly fade into obscurity. Will SafeMoon once more comply with this sample and fade away, or can it break the cycle this time?
Sloooowly been including some first rate dimension to #SAFEMOON.
I feel it is a potential runner, however $SOL jeets are at all times rotating faster than fast to catch the following runner, and ultimately they arrive again.
Marketcap is $20M right here, not $34M as dexscreener says. Idk why they so gradual to… https://t.co/BUcl5IH3iC pic.twitter.com/cauxjbW1oy
— VikingXBT (@VikingXBT) January 24, 2025
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