ANIME price surges ahead of Bithumb listing

Anime, the native token of the Animecoin Foundation, jumped 12% after the great South Korean Bithumb exchange announced its list of the medal of the same.

Animecoin (Anime) reached an intra -day summit of $ 0,0502 on January 31, marking an increase of 15% compared to its weekly hollow of $ 0.0437 at the time of the press. The market capitalization of Altcoin was seated at $ 278 million while its daily negotiation volume increased by 40%, oscillating about $ 153 million.

The play of memes supported by Azuki rallied after Bithumb, a great exchange of crypto in South Korea, announcement The addition of a KRW commercial pair against the anime token on January 31, alongside the Vtho token at 7 p.m. The token will be available on the Arbitrum network.

The purchase orders for the anime will be limited for about five minutes after the start of trade. During this period, sales orders will be limited to prices less than -10% to + 100% of the basic price. Automated orders can only be placed after the first trade was executed after the start of trading.

According to the announcement, the basic price of the animecoin token should be about $ 66.11 once trading officially starts.

An Anime / KRW commercial pair will allow direct trade between the anime token and the South Korean Won.

On January 23, Upbit, the largest cryptocurrency exchange in South Korea by exchanging the volume, listed Three anime trading pairs, including anime / krw, anime / btc and anime / USDT. Animecoin has also been listed on other major crypto exchanges, including Binance, Bybit and OKX.

500 million anime was warden down to BNB holders subscribed to Simple BNB Get Products. Since its launch on centralized exchanges, the token has regularly dropped and has been down more than 72% compared to its summit of $ 0.1861, which was reached on January 23.

Lists on significant exchanges like Upbit or Bithumb often trigger significant price rallies; The current rally could extend once the trading live. However, for newly launched tokens such as anime, the effect can be unfavorable, because traders often rush to sell the assets acquired during generation of token.

What is anime piece?

The anime, a piece of memes, has been launched as “Culture Coin de l’Industrie de l’Indreime”, but should find the utility as a governance token for Animechain, an next Orbity Layer-3 arbitrum developed by The Animecoin Foundation, which has also developed an anime.

Animechain should be launched in the first quarter of 2025 and could considerably affect prices trajectory for anime by improving its usefulness.