VINE (Vine Coin) has pumped 13.80% in the last 24 hours.

Gate News Bot message, August 27, according to CoinMarketCap, as of the time of writing, VINE (Vine Coin) is currently priced at $0.07, having risen 13.80% in the last 24 hours, with a peak of $0.08 and a low of $0.06. The current market capitalization is approximately $716,000, an increase of nearly $86,900 from yesterday. VINE is currently ranked 466th in global Crypto Assets market capitalization.

Important news about VINE recently:

1️⃣ Musk announces return, driving VINE price surge Elon Musk recently announced the relaunch of the Vine platform, which has sparked significant attention from the crypto assets market towards the VINE coin. As a token associated with the Vine platform, the price of VINE has seen a notable pump in a short period, reflecting investors’ positive expectations for the possible relaunch of the Vine platform.

2️⃣ VINE token founder releases entertaining meme The founder of the VINE token recently posted a humorous meme token announcement on social media, unexpectedly drawing market attention. Although this action was initially intended for entertainment, it quickly caught the eye of a large number of investors, leading to the swift sellout of the token supply and driving the rapid rise in the VINE price.

3️⃣ market capitalization突破4亿美元里程碑 The VINE token has recently achieved a significant breakthrough, with its market capitalization reaching an important milestone of 400 million dollars. This achievement greatly enhances VINE’s position and visibility in the Crypto Assets market, while also attracting more attention from trading platforms, potentially improving VINE’s liquidity and trading convenience.

Despite VINE’s strong performance recently, investors should remain vigilant about the potential risk of a pullback. Some analyses indicate that the VINE price may have a downside of around 50%. Furthermore, given the high volatility of the Crypto Assets market, investors should be cautious and comprehensively assess the risks when making decisions.

This message is not intended as investment advice; investors should be aware of market volatility risks.