- The value of grape cryptocurrency spiked after Elon Musk teased the reboot of grape AI.
- Nevertheless, momentum waned as costs did not surpass key resistance.
- With out the utility, Vine depends on hype to keep up its gathering.
One more instance of Elon Musk’s creepy skill to maneuver the market in a single tweet by Solana blockchain meme token Vine Coin (Vine) is seeing greater than doubled costs on July 24, 2025.
The set off was a brief however highly effective message from the masks. “We’re getting the grapes again, however it’s in AI format.”
We’re reclaiming grapes, however within the type of AI
– Elon Musk (@elonmusk) July 24, 2025
That transient announcement introduced the vine again into the highlight and scrambled the merchants.
However because the hype begins to chill down, severe questions come up. Can the vines keep bullish momentum, or was this one other fleeting rally with social media hype?
The masks’s tweet lit the fuse, and hypothesis burned flames
Specifically, Musk’s publish did not point out cryptocurrency, however he instantly despatched out Vine Hovering.
The connections have been speculative at finest, however on the planet of memecoin, it is usually crucial.
Inside hours, tokens’ market capitalization doubled, and buying and selling volumes skyrocketed to over $240 million.
Social media exploded as regards to #VineCoin, however Telegram Teams and Crypto X (previously Twitter) gave the story that Vine might in some way tie right into a revived model of the Vine app.
Nevertheless, it is very important notice that Vine doesn’t have an official affiliation with Musk or X. The token was created in January 2025 by Rus Yusupov, one in every of Vine’s unique co-founders.
In contrast to different blockchain tasks, Vine doesn’t have a roadmap, future integration guarantees, or token utility.
What it has is nostalgia, story potentialities, and a fast-moving, speculation-driven neighborhood.
Grape worth corrections present warning
On the peak of the musk-driven frenzy, Vine rapidly pulled again to about $0.1351 after reaching $0.1765, then recovered barely by the point of writing.
The rally was spectacular, however did not surpass key resistance above $0.1765, indicating a sustained lack of buying strain.
Technical indicators instantly confirmed the shift.
The Chaikin Cash Flol (CMF) fell under zero, indicating a decline within the influx, and the great oscillator (AO) started to flash purple, pointing to weakening the bullish momentum.
The rise in buying and selling volumes throughout pullbacks added one other tier of concern. Whereas costs are falling, excessive volumes usually point out a rise in gross sales strain fairly than wholesome consolidation.
Some merchants nonetheless count on bounce, but when assist for $0.14 fails, their subsequent damaging goal may very well be $0.070, and even $0.051.
In the meantime, if the Bulls regained management, Vine might push in direction of a report excessive of $0.02358, registered in March this 12 months.
Nevertheless, with out particular steps in direction of creating utilities and ecosystems, meme cash like Vine usually wrestle to keep up income.
The joy concerning the doable grape AI renewal gave merchants motive to invest, however it’s unclear whether or not that might result in the long-term worth of the token itself.
It’s the skill to show consideration right into a utility that separates fleeting developments from sustained development.
At this stage, Vine lacks the fundamentals to do this, and except that modifications, it’s on the mercy of on-line feelings and superstar influences.
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