Vine Meme Coin Surges Over 65%, Market Cap Hits $44 Million

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March 29, 2025 10:40 AM

In Brief:
Vine meme coin on Solana hits $44 million market cap, up over 65% in 24 hours.
Surge follows Musk's comment tied to xAI’s potential Vine acquisition.

The Solana-based meme coin Vine has seen a dramatic 24-hour price surge, climbing over 65% and pushing its market capitalization past $44 million. According to GMGN and Foresight News, Vine briefly crossed the $40 million threshold, riding a wave of renewed attention from Elon Musk.

The spike comes after Musk commented, “Feel free to take that on,” in response to reports that his AI firm xAI is considering acquiring the iconic short video platform Vine. The post sparked speculation and hype in the crypto community, driving momentum behind the Vine meme token.

Though Vine’s fundamentals remain meme-driven, the correlation with Musk’s comment has reignited interest in Solana’s growing meme coin ecosystem, following in the footsteps of Dogwifhat and Bonk.

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