#VINE is launching again tonight, and it has already doubled. I missed the first wave and have been watching to see if I can catch a second wave, but I didn't expect it to happen so quickly. Let's analyze the recent major project together and see if it's worth buying. First, let's talk about the narrative of #VINE: one of the founders of the legendary short video platform Vine, Rus Yusupov, has launched the $Vine Memecoin under the same name, which should be the first known tech company founder to issue a coin after the Trump coin craze. Vine was one of the first platforms to popularize short video content. Its core feature is the 6-second looping video, which forces creators to tell a complete story or convey an idea in a very short time. American users have become accustomed to consuming quick short video content, and it can be said that it is the predecessor of TikTok. Now, let's take a look at the development history of Vine. First, the token with the same name appeared on-chain, and then the long-silent founder Rus claimed the CA on his X account and posted a GIF holding that tweet as proof. Meanwhile, multiple addresses buying from CoinBase collectively sold off, and the market was flooded with FUD claims that the GIF was AI-generated, as during the same period, the Memecoin $STONKS plummeted due to a hacked Nasdaq account, causing panic that led to a 90% drop in the price of $Vine, leaving it with only a $3 million market cap. Rus released a 3-second video to prove he was not AI, and during this phase, funds heavily bought in, occupying the top 30 holders, most of whom still hold. The market cap soared to $50 million. Two hours later, it was announced that the DEV wallet's tokens would be locked until April 20 at 4:20 PM, and several top Alpha Groups in Europe and America commented on $Vine. Under the control of a professional team and the market's anticipation of Musk discussing Vine again, along with the positive sentiment of Vine's 12th anniversary, the market cap skyrocketed, breaking through $400 million after consolidating at a high level. After understanding the development history, we can consider the logic behind buying in. First is the top-tier narrative; the meme market loves to hear stories, and the more the market buys into the story, the greater its value. The biggest highlight of #VINE is that the platform's founder is issuing a coin, and the combination of celebrity effects in web2 and web3 is the hottest topic on-chain. This project can be seen as a leading project combining platforms and celebrities, and from the project's development history, the strength of the market makers is quite weak, and the cost of accumulating positions is very low, making it relatively easy to pump again. However, at the current position, I do not recommend chasing high; there are currently many trapped positions from chasing highs, making it easy to get stuck on the mountain.