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$VINE Pumps After Elon Musk Looks to Revive the App - $FLOCK to Follow?

$VINE Pumps After Elon Musk Looks to Revive the App – $FLOCK to Follow?

Bitcoinist
by Bitcoinist
7 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

While TikTok’s fate remains unclear, the spectacular launch of $VINE and Elon Musk’s comments on X suggests that the ‘first American short video app,’ Vine, could make a comeback.

This comes just as ‘the People’s meme coin,’ Flockerz also attracts some serious attention as it prepares to launch. Could this be the next 100x meme coin?

Musk comments on X
Source: X

Let’s discuss how Elon Musk’s revival of Vine, and the $VINE token, could impact the crypto industry, bring in new trends, and reflect on other best crypto presales like Flockerz.

Word On the Vine Says Good Things Are in Store

Rumors of the possible revival of the Vine platform went into overdrive after Vine cofounder Rus Yusupov confirmed he’d indeed launched the $VINE memecoin on Solana on Wednesday, posting a selfie holding the official papers.

Rus Yusupov, Vine founder on X
Source: X

$VINE soared in market cap value to over 222M with over $1.1B in trading volume in under 24 hours of launch. The token is currently trading at just over $0.23, and a market cap of $190M after it lost some of its early gains.

It seems to be on the way up again, though, with an increase of over 130% in the 24-hour trading volume. Maybe it’s in celebration of Vine’s birthday today, January 24.

Who’s Vine Is It, Anyway?

Vine was a popular short-video platform (search for funny vine compilation on YouTube for the best idea) that was acquired by Twitter before it was discontinued in early 2017.

But now, the on-again, off-again TikTok ban has fueled rumors that Elon Musk could resurrect Vine to fill the gap and reduce America’s dependence on the Chinese-owned app.

This isn’t the first time Musk has hinted at the possibility of bringing Vine back, though. In April last year, he ran a poll about it on X, in which a large majority voted in favor.

Also, just after purchasing Twitter back in October 2023, Musk allegedly put his engineers to work rebooting the app.

Today, January 24, is Vine’s birthday, and Rus Yusupov posted on X we should expect a big birthday announcement.

Rus Yusupov hints at Vine birthday annoucnement on X
Source: X

The initial success of the Vine token resembles the early pump around other populist meme coins like $TRUMP and $MELANIA, but time will tell if they benefit anyone but the guys at the top.

Founder Yusupov, however, believes $VINE could be used to reward creators on a newly revived Vine platform.

Vine's Rus Yusupov on X
Source: X

Flockerz, the People’s Meme Coin, Brings Vote-to-Earn Gains

As investors seek meme coins with a more democratic foundation and real utility, the $FLOCK presale (dubbed the People’s meme coin), is catching its own fair share of attention as it prepares to launch.

Unlike coins like $TRUMP, which centralize the power in the hands of the few, FLOCKERZ, with its revolutionary Vote-To-Earn platform, empowers its community—known as ‘The Flock’—to steer the project forward.

With just three days left to the presale, Flockerz has seen an influx of $2.8M in the last five days as investors grab as much $FLOCK at a prelaunch discount.

The Flockerz ($FLOCK) presale has raised over $13.2M and is currently priced at $0.0066883.

Experts project a 10x price jump once $FLOCK lists on an exchange. For instance, 99Bitcoins on YouTube predicts as much as a 100x price gain.

To get in at the ground floor, visit the Flockerz website, connect your wallet (e.g. Best Wallet), and purchase $FLOCK using $ETH, $BNB, $USDT, or a bank card.

The project’s safety is all but assured, too—Flockerz’s smart contract has been audited by Coinsult and SOLIDProof, and its VTE system helps ensure decisions are driven democratically.

You can stay updated on the latest developments by connecting with the Flockerz community on X and Telegram. 

But remember, while we highlight meme coins making headlines right now, this is not investment advice, and it’s best to consult a number of sources before making any investment decision. 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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