Animecoin (ANIME), the native token behind the Azuki NFT ecosystem, is showing fre again after a long period of silence. Animecoin is gaining traction as one of the best crypto to buy right now, especially for fans of anime and NFT culture. ANIME is finally getting some renewed interest thanks to the recent price changes and the growing ecosystem on Arbitrum.
But why is the price going up? Could it be that ANIME was simply oversold for too long and finally found a basis for a recovery? Or are we preparing for a possible anime season?
ANIME powers Animechain, a Layer 3 blockchain built on Arbitrum Orbit. The token plays multiple roles. It is used for gas fees, governance, and access to fan experiences across platforms like Anime.com and the popular Azuki NFT collections.
Arbitrum is an Ethereum Layer 2 scaling solution designed to speed up and reduce transactions. It supports decentralized apps (dApps) and allows projects like Animechain to build Layer 3 chains with custom features and reduced costs. This makes it easier for projects to offer seamless user experiences while benefiting from Ethereum’s security.
With partnerships tied to major IPs and Web3 platforms, ANIME is positioned as a utility token for anime fandom in the decentralized world.
ANIME Price Analysis: ANIME Crypto Bounces From Long-Term Support
After peaking briefly at over $1 billion in market cap during its early 2025 debut, ANIME crashed and entered a prolonged consolidation period. For months, it hovered around $100 – $150 million, showing little momentum.
Recently, that changed. ANIME broke out of its flat trading range and surged to around $220 million market cap, marking a sharp rebound from its support zone near $126 million. The move signals a renewed interest and possible accumulation. If volume sustains, ANIME could continue recovering lost ground, though risks remain given its volatile history.
Source: https://99bitcoins.com/
