NFT Developer Azuki Launches AnimeCoin (ANIME)

Bittime - Chiru Labs, the creator behind the popular NFT collection Azuki, recently announced the launch of the AZUKI token along with details of its tokenomics and airdrop. This article will discuss the potential price of ANIME and other important details regarding the launch of this token.

ANIME Token Launch: Listing Date, Airdrop and Other Details

The Azuki team announced details of AnimeCoin's launch on January 13, 2025. Although the token is planned to launch this month, the exact date has not been revealed. ANIME will be introduced on two popular blockchain networks: Ethereum and Arbitrum. The total supply of ANIME tokens is 10 billion, with an initial circulating supply of 7.69 billion.

Tokenomics ANIME 

ANIME Tokenomics stated that 37.5% of the total tokens were allocated to the Azuki NFT community. A total of 24.44% of the supply will be reserved for the AnimeCoin Foundation, which will be used for project operations, grants, and interaction with the anime community to bridge the project with the crypto world. Additionally, 15.62% of the total supply will be awarded to employees, contractors and advisors as a reward for early contributors.

There is also 13% allocated to community initiatives (AnimeDAO), while Azuki has allocated 7.44% with an opening period of three years. Lastly, 2% is allocated to the Arbitrum and Kaito Yappers communities to encourage collaboration with the anime and Kaito AI communities.

Airdrop ANIME

The collaboration between Hyperlquids and AnimeCoin will also provide benefits for HYPE stakers through the ANIME airdrop. This is an attempt to increase user engagement. Additionally, the team also introduced the Yaps points program, which is a Yap-to-earn program that rewards users who promote projects on social media platforms such as Twitter. This may affect the price of the token after launch.

Azuki NFTs Are Already Popular, Will ANIME Prices Soar?

Azuki is a popular Non-Fungible Token collection on the Ethereum network, with 10,000 anime-themed NFTs now getting a significant boost ahead of the launch of AnimeCoin. A previous post on Coingecko mentioned that many of the collection's popular NFT series saw an uptick following the announcement of the token launch. However, the question is how the popularity of Azuki NFTs will affect the price of ANIME.

To date, no price has been disclosed for the token at launch, making it difficult to conclude how it will behave after launch.

Read too 10 Best NFTs on the Base Network, Check the List Here!

NFT Project Expectations Are High Since PENGU

However, expectations are quite high considering the success of other NFT projects, such as Pudgy Penguin. The PENGU token has maintained quite a bit of hype, especially as many traders have made huge profits from its success. Another example is the NFT token Magic Eden, which is currently experiencing difficulties but peaked soon after launch.

Also read NFTs These are: Understanding Non Fungible Tokens and their Differences from Crypto Assets

Thus, support from NFT Azuki could push the price of ANIME higher. However, in the long term, the use of tokens, tokenomics and market image is necessary to increase prices. Several analysts have presented potential price calculations for AnimeCoin, but investors are advised to wait for further clarity and a launch to conclude ANIME's price performance.

Read too Causes of the PENGU Token Going Viral Together with 2 New Coins

Conclusion

The crypto community is always paying attention to unique projects and their token launches. One such project is NFT Azuki, which became popular after its launch in 2021. Although its popularity has waned over time, the upcoming launch of AnimeCoin is expected to change that. Azuki creator Chiru Labs has announced an NFT token launch that will likely happen this month. 

Even though there are only a few days left before the launch, the crypto community seems optimistic about the launch of the ANIME token and its price performance. Given the popularity of the airdrop and the launch of the Pudgy Penguin token, the Azuki token will probably perform well. However, the results can differ depending on user sentiment and tokenomics, as was the case with Magic Eden.

FAQ

1. What is AnimeCoin (ANIME)?

Answer: AnimeCoin (ANIME) is a crypto token launched by Chiru Labs, creators of the Azuki NFT collection, to strengthen the anime community and increase interaction in the crypto ecosystem.

2. When will AnimeCoin be launched?

Answer: AnimeCoin is scheduled to launch in January 2025, although an exact launch date has not been announced.

3. How to get AnimeCoin?

Answer: Users can earn AnimeCoin through airdrops, participating in the Yaps points program, and by contributing to the Azuki NFT community, which will provide access to these tokens.

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Reference

Pooja Khardiya, Azuki Creator Token Launch: Will ANIME Price Skyrocket?, Accessed January 14, 2025

Author: IN