Elon Musk announced the potential return of Vine, the video-sharing app, with an AI twist, capturing significant interest. Co-founder Rus Yusupov hinted at this revival by sharing an AI-generated video, aligning with Musk’s vision of “short viral AI videos.” Following Musk’s announcement, the value of Vine Coin, a meme coin launched by Yusupov in January, surged dramatically, reaching a market cap of $86.7 million. However, it later settled around $58 million, remaining down 87% from its all-time high. Despite investor hopes for the integration of Vine Coin in the app’s relaunch, there has been no official confirmation. Yusupov previously expressed anticipation for Vine’s return, encouraging community engagement through his Telegram group. This development underscores the growing intersection of AI and social media, positioning Vine for a unique comeback in the evolving digital landscape.
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