Musk replied to tweets related to Vine, and VINE's market value exceeded 40 million dollars

ChainCatcher news, Musk responded on the X platform to the question "xAI has now acquired X and owns the short video platform Vine, how should we handle Vine?" by stating, "Feel free to take that on."

As a result, according to GMGN market information, the market capitalization of the meme coin VINE on the Solana chain has surpassed 40 million dollars, currently reported at 40 million dollars, with a 24-hour increase of 65%.