Recently, a piece of news related to Musk has triggered a dramatic fluctuation in the crypto assets market. The eponymous token of the short video application Vine achieved an astonishing 100% rise in just 10 minutes after being mentioned by Musk. This phenomenon has drawn widespread follow, but the truth of the matter may not be as simple as it seems.

Rus Ama, the founder of Vine, subsequently spoke out to clarify that he has never communicated with any employees of X (i.e., Twitter) nor has he participated in any work related to Vine on the X platform. Ama emphasized that Vine coin is essentially just an internet cultural phenomenon (meme), its significance lies in uniting the power of the masses and calling for 'Vine to return'.

This event highlights the cryptocurrency market's high sensitivity to information and the potential influence of social media on coin prices. Although Vine coin experienced an astonishing rise in a short period, the founder's statement undoubtedly cast a layer of mystery over this phenomenon.

For investors, this situation serves as a reminder to remain alert and cautious in the Crypto Assets market. The drastic market reaction caused merely by the mention of a well-known individual reflects the current instability and speculation within the encryption ecosystem.

As the situation develops, market participants will undoubtedly closely follow the future direction of Vine coin. This event may also trigger further discussions about the regulation of Crypto Assets market and the information dissemination mechanisms. In this rapidly changing world of digital assets, accurate information and rational analysis are more important than ever.