Will Binance Alpha List Solana MEME Vine Coin Amid Market Spotlight?

• A Solana memecoin, Vine Coin has caught attention due to anticipation of a Binance listing.
• The cryptocurrency was launched by developer Rus, days after Elon Musk’s revival tweet.

The past day has seen quite a bearish movement in the crypto market after multiple days of bulls turning thighs around. Bitcoin plummeted to the $101K level and is still showing bearish dominance at the time of writing. Other altcoins have also shown similar movements, however, some can be exempted from it. 

Notably, a recently launched Solana memecoin has caught significant market attention in the past few hours. Vine Coin, a MEME launched by the developer and founder Rus, a few hours ago was listed on Binance Alpha as per reports. Rus is also the founder of HQ Trivia and he launched the memecoin as a fun project on Thursday. 

However, with speculations of a Binance Alpha listing, VINE has begun to surge exponentially. At the time of writing, just hours after its launch, the memecoin exhibits a 50.76% surge. It is trading at the $0.22 level. At the time of writing, Vine Coin was trading at $0.2803 as per CMC data. 

What is the Story Behind Vine Coin? 

Vine coin is the official meme of the Vine project which was previously archived. Rus has resurfaced the meme, just days after Elon Musk’s tweet expressing similar interests. While it was a fun initiative members seem to have taken the token in a serious tone thus resulting in significant price surges. 

Moreover, according to reports, Vine Coin has also caught the attention of whales which has led to accumulation. A recent report from Lookonchain discussed a trader trading VINE and making huge profits. 

Finally, a non-official report of Binance Alpha listings mentioned Vine Coin. In the case of the event occurring, it could result in the cryptocurrency surging further and providing a window of opportunity for traders. 

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