$VINE is a meme coin: January 18, 2025, Elon Musk says he is "looking into" bringing back Vine, and @rus, CEO of Vine, just launched a meme coin. Vine was a once-popular short video sharing platform that allowed users to shoot and upload videos up to 6 seconds long. Launched in 2012, it quickly gained a massive user base, especially among young people. Vine videos usually played in a loop, and users showcased their creativity and humor by producing various types of content. Many videos went viral on social media. In 2017, Twitter (Vine's parent company) announced the platform's shutdown. Although Vine has ceased operations, its impact remains significant, as many creators gained fame on the platform and moved to other sites like YouTube and Instagram.