
Post
Leon king
$VINE saw an 11%+ rebound today, currently priced at 0.007227. Many people might think that after such a big drop, this could be an opportunity. Here, I want to break down the risks.
This round of rise is essentially a short-covering after an oversell, with no new positive catalysts. Looking back at history, this is a typical meme coin pattern: it was once hyped up to 0.46 on rumors of Elon Musk restarting Vine, then it steadily crashed in a stair-step fashion, often experiencing large daily
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