Vine (VINE) Surges 47% Amid Whale Accumulation

Solana-based memecoin Vine (VINE) has experienced a notable market price increase over the past few days. According to data from CoinGecko, the token is currently valued at approximately $0.168. This reflects a 47% surge from one day ago, making it one of the most attractive crypto assets in the market today.

VINE token’s impressive price rally is greatly influenced by increased whale activity. This comes after Elon Musk hinted at the possibility of reviving the Vine app with advanced AI features.

Whale Accumulation Boosts VINE’s Popularity

In the early hours of today, blockchain analytics firm Lookonchain revealed how a crypto whale made a notable transaction involving VINE. According to the X post, whale 8RwxXR spent $3.19 million to buy 22.4 million VINE tokens. He did this by withdrawing 17,082 SOL valued at that amount from their Binance wallet.

Whale 8RwxXR withdrew 17,082 $SOL($3.19M) from #Binance to buy 22.4M $VINE 6 hours ago.

This whale previously lost $125K trading $PUMP.https://t.co/fIJ5ISBTck pic.twitter.com/POBkl6oF9s

— Lookonchain (@lookonchain) July 28, 2025

This move suggests that whale activity has a profound impact on VINE’s growing popularity and significant price increase.

Onchain data reveals that the project has a current market capitalization of over $168 million. Its daily trading volume also stands at $784,675,079. This represents a 124.70% increase from the previous day and a recent rise in market activity.

VINE token’s current price is 608.4% higher than its all-time low value of roughly $0.023. This reflects a 292.6% price increase from one week ago.

More Gains Ahead?

Due to Vine’s recent market actions, some investors suggest that the token’s price spike may be far from over. Showing enthusiasm about the project, Gem Detecter, an X user said: 

“It’s approaching 100,000 holders on DEX only and 40% supply distributed in top 10 wallets (including Tier 1-2 CEXs and LP). Not many people have taken advantage of the cheap entry, and there is also low selling pressure on the chart at this moment. Expecting $500M+ MC in the coming weeks.”

Many hours later, Vine now has 101,172 holders according to on-chain data. It is, however, essential to note that VINE is a memecoin characterized by high volatility. Thus, its market action cannot be accurately predicted.

About 40% of the token’s circulating supply is held by the top 10 wallets. As such, sudden whale sell-offs could also cause a price fall.

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