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Rus Yusupov’s VINE Coin Launch Sparks Potential for Massive Returns Amid Viral Interest
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Rus Yusupov, co-founder of the now-defunct Vine app, has made waves in the crypto market with the launch of the VINE meme coin, resulting in a staggering 250,000% price surge.
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Several early investors are reportedly converting modest investments into life-changing sums, illustrating the volatile nature of meme coins.
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According to a report by COINOTAG, Yusupov’s enthusiastic announcement has led to an explosive increase in trading activity, marked by rapid price fluctuations and extensive media coverage.
The launch of VINE by Vine co-founder Rus Yusupov has ignited a crypto frenzy, spiking interest and investment, with returns reaching extraordinary heights.
VINE Coin Launch: A Viral Sensation
Yusupov’s tweet promoting the VINE coin not only rekindled fond memories of the Vine era but also captured the attention of both crypto enthusiasts and investors seeking new opportunities. The rapid increase in interest was evident, as the initial market reaction reflected a growing fascination with meme coins.
“Remembering all the fun we had building Vine — Let’s relive the magic and DO IT FOR THE #VINECOIN,” the tweet read, emphasizing Yusupov’s personal connection to both the coin and his audience.
In a video he posted on X, Yusupov reinforced his credibility and connection to the project, assuring followers of his involvement. Meanwhile, Dom Hoffman, his co-founder on the Vine app, distanced himself from the project, declaring on Twitter, “I’m not involved and will never be involved with any meme coin.” This statement has sparked debates regarding authenticity within the rapidly evolving meme coin landscape.
Data from Dex Screener indicates an astronomical price increase for VINE—a remarkable 250,000% in just 24 hours, positioning the token at $0.21, with a market cap reaching $217 million.