The price of grape cryptocurrency spiked after Elon Musk teased the reboot of grape AI. However, momentum waned as prices failed to surpass key resistance. Without the utility, Vine relies on hype to maintain its gathering.
Yet another example of Elon Musk’s creepy ability to move the market in one tweet by Solana blockchain meme token Vine Coin (Vine) is seeing more than doubled prices on July 24, 2025.
The trigger was a short but powerful message from the mask. “We’re getting the grapes back, but it’s in AI format.”
We are reclaiming grapes, but in the form of AI
– Elon Musk (@elonmusk) July 24, 2025
That brief announcement brought the vine back into the spotlight and scrambled the traders.
But as the hype begins to cool down, serious questions arise. Can the vines maintain bullish momentum, or was this another fleeting rally with social media hype?
The mask’s tweet lit the fuse, and speculation burned flames
In particular, Musk’s post didn’t mention cryptocurrency, but he immediately sent out Vine Soaring.
The connections were speculative at best, but in the world of memecoin, it’s often necessary.
Within hours, tokens’ market capitalization doubled, and trading volumes skyrocketed to over $240 million.
Social media exploded with reference to #VineCoin, but Telegram Groups and Crypto X (formerly Twitter) gave the story that Vine could somehow tie into a revived version of the Vine app.
However, it is important to note that Vine does not have an official affiliation with Musk or X. The token was created in January 2025 by Rus Yusupov, one of Vine’s original co-founders.
Unlike other blockchain projects, Vine does not have a roadmap, future integration promises, or token utility.
What it has is nostalgia, story possibilities, and a fast-moving, speculation-driven community.
Grape price corrections show caution
At the peak of the musk-driven frenzy, Vine quickly pulled back to about $0.1351 after reaching $0.1765, then recovered slightly by the time of writing.
The rally was impressive, but failed to surpass key resistance above $0.1765, indicating a sustained lack of purchasing pressure.
Technical indicators immediately confirmed the shift.
The Chaikin Money Flol (CMF) fell below zero, indicating a decline in the inflow, and the wonderful oscillator (AO) began to flash red, pointing to weakening the bullish momentum.
The rise in trading volumes during pullbacks added another tier of concern. While prices are falling, high volumes often indicate an increase in sales pressure rather than healthy consolidation.
Some traders still expect bounce, but if support for $0.14 fails, their next negative target could be $0.070, or even $0.051.
Meanwhile, if the Bulls regained control, Vine could push towards a record high of $0.02358, registered in March this year.
However, without specific steps towards developing utilities and ecosystems, meme coins like Vine often struggle to maintain profits.
The excitement about the possible grape AI renewal gave traders reason to speculate, but it is unclear whether that would lead to the long-term value of the token itself.
It is the ability to turn attention into a utility that separates fleeting trends from sustained growth.
At this stage, Vine lacks the basics to do that, and unless that changes, it is at the mercy of online emotions and celebrity influences.
