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The Vine Coin price has surged 21% in the last 24 hours to trade at $0.0311 as of 9:00 p.m. EST on a 398% plunge in trading volume to $290.2 million.
The surge caused the VINE price to skyrocket to the top of CoinMarketCap’s trending list, propelling its market capitalization to just over $46 million.
This rise follows heightened speculation about a potential Vine revival, fueled by Elon Musk’s recent remark: “Feel free to take that on,” referring to the possibility of bringing back the short-video platform.
Feel free to take that on
— Elon Musk (@elonmusk) March 29, 2025
Vine Coin Price Ready For 112% Additional Gains After Cooling Off
The 12-hour VINE price chart shows the asset has been in a prolonged downtrend but has recently broken out of a falling wedge pattern, which is a bullish reversal signal. A breakout above the wedge resistance line indicates potential trend reversal to the upside.
The Vine Coin price action is testing the 50-day simple moving average (SMA), which acts as a dynamic support. A sustained close above it confirms further bullish momentum.
While today’s 21% jump has traders buzzing, the price of VINE has shrunk to $0.0308 from a high of $0.045, potentially due to aggressive profit-taking following the initial spike.
VINEUSDT Analysis Source: Tradingview
Should VINE continue higher from here, it may likely encounter the first resistance around $0.0655, a 112% increase. If bulls persist with their campaign, the price action will likely forge higher to $0.128, marking a 314% increase from the current price.
At 53.19, the relative strength index (RSI) indicates neutral to slightly bullish momentum. If it moves above 60, it confirms stronger upside potential.
Conversely, if Vine Coin price drops back into the falling wedge highlighted in the chart, it could reveal market weakness, ruling out the current breakout as a fakeout. The meme coin price would likely drop to $0.02323, which marks the previous low.
Last Chance To Buy Meme Index (MEMEX) – Only 1 Day Left
As the Vine Coin price pumps, traders are rushing to grab Meme Index (MEMEX) tokens before it’s presale ends tomorrow, March 31, at 2 p.m. UTC.
Meme Index provides an opportunity to invest in diversified baskets of meme coins for the first time, and investors have backed the concept with $4.3 million of funding.
It offers four curated baskets of meme coins, each tailored to different risk appetites.
The Meme Titan Index features established giants like Dogecoin (DOGE) and Shiba Inu (SHIB), offering a safer entry point with lower volatility.
For those chasing higher returns, the Meme Moonshot Index targets tokens valued between $250 million and $1 billion, projects that are primed to break into the top ranks of the sector.
There's only ONE way to get those summer gains and that's with $MEMEX
Get ready for the Frenzy! 🔥📈https://t.co/7P9aYCaBEn pic.twitter.com/0Vi8IBvyyG
— Meme Index (@memecoin_index) March 26, 2025
The Meme Midcap Index targets coins between $50 million and $250 million in market cap, while the Meme Frenzy Index caters to thrill-seekers who focus on emerging tokens under $50 million with massive upside potential and large downside risk.
Final Call To Buy MEMEX Now! Only 1 Day Left
Meme Index stands out with its community-driven governance, allowing MEMEX holders to vote on which tokens are included in each basket, ensuring it adapts to market trends.
In addition, the staking protocol offers a huge 534% annual return, with over 187 million tokens already staked..
An analyst from the 99Bitcoins YouTube channel, which boasts over 726k subscribers, predicts that MEMEX could be the next 100x crypto.
MEMEX tokens are currently priced at $0.0166883. To participate, visit the Meme Index website, connect your wallet, and make a purchase using ETH, USDT, BNB, or a card.
Buy MEMEX tokens here before it’s too late.
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