VINE & PIPPIN Land on Binance: Can Tech Backing Beat Meme Hype?

VINE surged 5,800% before stabilizing at a $200M market cap.
PIPPIN token plummeted 70%, facing skepticism over its utility.
Binance’s VINE and PIPPIN contracts offer up to 25x leverage.

Binance’s listing of VINE and PIPPIN Perpetual Contracts with up to 25x leverage has caught the crypto community’s eye. VINE, a meme coin connected to Vine co-founder Rus Yusupov, is booming. Meanwhile, PIPPIN, an autonomous AI-driven token, struggles to find its footing.

After Yusupov’s playful announcement, VINE skyrocketed to a $500 million market cap before coming down to $200 million. On Jan 23, Yusupov launched the VINE meme coin on Solana. He tweeted, “Remembering all the fun we had making vine — Let’s relive the magic and DO IT FOR THE #VINECOIN.”

VINE Coin Rides High on Nostalgia and Musk Hype

Yusupov also showed he believes in the project by locking up all developer tokens until April 2020. This has only added to the coin’s appeal as nostalgia for Vine makes a comeback.

The call to bring back Vine got louder after Elon Musk floated the idea of reviving the social media app. Musk tweeted on Jan 19, “We’re considering it.” This happened after a user asked if the app should return following the talks of a TikTok ban.

But it’s a different story for PIPPIN, created by AI innovator Yohei Nakajima. It hasn’t exactly been a hit. Despite its big premise and a live demo, the token dropped 70% from its all-time high, raising doubts about its usefulness. Right now, PIPPIN’s price is sitting at $0.13, down by 5%.

Why PIPPIN’s Struggling: A Look at Nakajima’s Past Work

Critics say a lack of practical application has turned off investors. It’s also possible some early adopters cashed in on the hype, leading to sell-offs. But, we can’t ignore Nakajima’s solid track record.

He has created over 100 AI-driven prototypes, automation agents, and open-source projects. Even big names like Jeff Bezos and Marc Andreessen have noticed his work.

As meme coins continue to grab headlines, the different paths of VINE and PIPPIN highlight the volatility of this market. Will VINE’s nostalgia factor and developer commitment lead to long-term success? And can PIPPIN’s tech deliver real value? Only time will tell.

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