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So Rus Yusupov, the guy who created Vine back in the day, just launched his own memecoin called VINE and honestly the crypto community is losing it. He posted the contract address on X saying 'Let's relive the magic and DO IT FOR THE VINECOIN' and even clarified he wasn't hacked, just having fun with it.
The crazy part? Within hours this thing was doing absolutely insane numbers. We're talking thousands of percent gains from launch. Some early traders literally turned a few hundred bucks into millions. One person threw in just 3 SOL and walked away with over a million in profit a few hours later. That's the kind of memecoin madness we've been seeing lately.
Right now VINE is sitting at a market cap around $20 million with the price hovering near $0.02 according to latest data. The initial hype has cooled down from those crazy January numbers, but it's still a wild example of how fast these things can move. Rus Yusupov basically proved that even if you built something huge in the past, you can still jump into crypto and catch people's attention in a completely different way.
This whole trend started when Trump dropped his memecoin last year, and now everyone and their mom is launching tokens. But there's something interesting about seeing a founder from the social media era actually participate in this space. It shows how different the internet landscape has become and how Rus Yusupov's net worth and influence can translate into crypto projects that grab attention instantly.