When it comes to cryptocurrency, especially meme coins, the question is often: what’s the next big trend? Recently, it appears that the roots of nostalgia are blossoming again.
Currently, both VINE and SAFEMOON are making headlines.
Yes, VINE, the erstwhile short-video app that paved the way for platforms like TikTok and Instagram, has returned in a new avatar—this time as a cryptocurrency.
Launched by platform co-founder Rus Yusupov, VINE quickly attained a market cap of $440 million on its first day, later settling at $164 million.
Simultaneously, VINE has ignited a trend of reintroducing nostalgic names within the crypto landscape, prompting SAFEMOON to follow suit. These well-known brands are garnering attention long after their initial triumphs. But will this resurgence persist?
“Safemoon starting to look like it did back in 2021.” — DaAdmiral (@Da4dmiral) January 24, 2025
VINE Launches on Solana, Spearheaded by Rus Yusupov
Launched by Rus Yusupov, co-founder of the original Vine platform, $VINE is the first cryptocurrency developed by a significant tech figure since the emergence of the Trump Coin.
The token’s goal is to counter centralized systems by establishing a decentralized platform for content creators, aiming to enhance control and ownership over their productions while providing an alternative to traditional platforms.
VINE is down 40% from its all-time high but is still experiencing significant volume—over $800 million in just the last 24 hours. The support from its original co-founder lends authority to the token, making traders optimistic that it could draw considerable investor interest due to its nostalgic appeal.
In less than two days, VINE amassed over 102,000 holders, showcasing its viral potential.
“Remembering all the fun we had building vine — Let’s relive the magic and DO IT FOR THE #VINECOIN.” — Rus (@rus) January 23, 2025
SAFEMOON Is Back in the Spotlight
Riding the wave of nostalgia, SafeMoon is once again capturing the public’s interest along with its original promises. This isn’t the first occasion someone has revived a meme coin using the SafeMoon name.
However, this time it resonates well with current trends, surging to a market cap of over $85 million shortly after launch and achieving $255 million in trading volume.
50% of the supply was allocated to Hunkusun, the CEO of HCWL, who mentioned he burned 10%, added 39% to liquidity, and set aside 1% for marketing efforts—an admirable gesture for the SafeMoon community.
Nevertheless, the market remains volatile with rapid shifts in meme coin narratives. Since the advent of TRUMP and MELANIA tokens, it appears challenging to pinpoint a dominant theme.
Are we witnessing another familiar pattern where SafeMoon fades away, or will this time be different?
“Sloooowly been adding some decent size to #SAFEMOON.” — VikingXBT (@VikingXBT) January 24, 2025
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Graph showing VINE market activity