Overview

• VINE has stabilized around $0.14–$0.15 after reaching a six-month high near $0.18 following Elon Musk’s AI-Vine teaser.
• A whale converted 17,082 SOL (approximately $3.19 million) into 22.4 million VINE tokens despite earlier losses, signaling renewed confidence.
• Derivatives markets show growing bets on further gains, with open interest up 143 percent to $175 million and trading volume jumping 265 percent to $4.88 billion.
• On-chain netflow data turned negative by about $387,000, indicating aggressive accumulation even as prices retrace.
• Launched by Vine co-founder Rus Yusupov in January without any roadmap or utility, VINE remains reliant on viral narratives rather than fundamental support.