The co-founder of Vine announced this week that he is launching a meme coin named after the now-defunct short-form video app.

Rus Yusupov, who co-founded the app with Dom Hofmann and Colin Kroll in 2012 before its discontinuation in 2017, shared an X post on Wednesday saying, "Remembering all the fun we had building Vine, Let’s relive the magic and DO IT FOR THE #Vinecoin