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VINE Rallies as Elon Musk Teases New AI Video App

Vine Token increased by more than 60% after Elon Musk teased resuscitating the eponymous short video application. It is not known if Xai is explicitly joining forces with the old Vine team, but the same corner feels the media threshing.

Even in the most optimistic scenario for Vine, the new XAI application would face strong competition from Tiktok, Instagram rolls, YouTube shorts, etc. It is difficult to say how these developments could have an impact on the Tunch in the long term.

Elon Musk teases the resurrection of the vineyard

It is not a secret for anyone that Elon Musk, the richest man in the world, has a disproportionate influence on the parts sector even. His messages have regularly increased dozens of new tokens, and he even launched his own assets.

Today, Musk’s social media activity has had another involuntary boost, because Vine has increased by more than 60% after a related article:

Vine was created this year by Rus Yusupov, founder of the video platform now disappeared. Vine was a beloved pioneer from the 2010 years in short video content, and the nostalgia of that time transformed Vine into a most efficient piece of memes.

Musk alluded to this strong brand by the breathtaking vine, and the meme piece joined in response:

Vine price performance
Prices performance of the vine. Source: Coingecko

However, it is not clear if this musk association will bring long -term advantages to Vine. The key question is whether XAI plans or not to explicitly incorporate the Vine brand or the team members in a new hypothetical project.

Yusupov shared Musk’s post and teased a possible connection, but no one explicitly confirmed a partnership.

Essentially, it is easy to imagine what Elon Musk is looking for with his allusion to the vine. A short video application, but with the content generated by AI instead of direct creation of users.

Since Vine was closed almost a decade ago, XAI does not necessarily need the direct involvement of Yusupov. If this happens, Vine’s boost could be temporary.

In addition, even if Vine and Elon Musk combine, they will have work to do. Tiktok has run in short video content, with companies like Meta and Google launching their own competitors.

The market is much more established than in the peak of Vine. XAI would be the first large company to put AI as a centerpiece of this type of application, but it will always be a delay.

In other words, many things are in the air. For the moment, the trading scene of even currency pieces is flooded with media threw and speculation on the resusciation vine of Elon Musk.

While we are expecting new announcements in the coming days, the interest of the community could keep vine relevant in the near future.

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