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- Animecoin quickly reached a $350M market cap, demonstrating its strong appeal among NFT and blockchain enthusiasts.
- Animecoin supports Azuki’s anime-themed NFTs and introduces the upcoming Layer 3 blockchain, Animechain, enhancing Web3 innovation.
Animecoin (ANIME) has accomplished a spectacular feat, with a market cap of $350 million in just 24 hours after its official launch. One of the most touted cryptocurrency introductions in recent years, the token also recorded a Fully Diluted Valuation (FDV) of $630 million. Animecoin is designed to promote Azuki’s NFT ecosystem based on anime and Layer 3 blockchain development, Animecoin.
AZUKI’S ANIME TOKEN BLOWS UP—$350 MILLION IN 24 HOURS!
Azuki’s Animecoin hit a $350M market cap just one day after launch, with a total FDV of $630M.
The token supports Azuki’s anime-themed NFTs and its upcoming Layer 3 blockchain, Animechain.
Turns out anime isn’t just for… pic.twitter.com/PDdKxlxVXs
— Mario Nawfal’s Roundtable (@RoundtableSpace) January 25, 2025
Animecoin Token Distribution Tailored for Azuki NFT Holders
Apart from its great market value, ANIME has drawn interest due to its token distribution strategy. A sizable fraction of the 10 billion tokens available overall goes to the Web3 community, comprising owners of Azuki NFTs, such as Beanz and Azuki Elementals.
Claiming these tokens depends on the NFT holders’ “Collector’s Status,” which is obtained via the official website for 45 days.
Other token distributions also include incentives for the growth of ecosystems, assistance of community projects like AnimeDAO, and team development donations. Through their new blockchain, Animechain, Animecoin is planned to foster innovation and strengthen the anime-themed crypto community with this decentralized framework.
ANIME’s Market Fluctuations and Future Plans
Nonetheless, ANIME’s value decreased by almost 60% in the first 24 hours, nevertheless, after attaining a sizable market capitalization in a short amount of time. The token price plummeted from $0.1070 to $0.06884, suggesting that market swings remain a significant obstacle, particularly for a just-started project.
Azuki has very ambitious long-term ideas for the Animecoin ecosystem as well. The first Layer 3 blockchain in their ecosystem, the Animechain mainnet is scheduled to be launched in 2025. With access to official products, special anime episodes, and customized avatar features, the Anime.com site will also act as a social center for the anime community.
Working with industry leaders like Dentsu and AniplexUSA, Azuki hopes to offer a fresh experience combining traditional and digital components of anime culture.
