Loading cryptocurrency prices...

Azuki NFT Floor Price Jumps 9% Following ANIME Token Announcement

Anime-inspired NFT Project's New Token Launch Sparks Market Rally

  • Azuki NFT project launches ANIME token with 50.5% of supply allocated to community members.
  • Azuki NFT floor price increased 9.1% to 13.77 ETH ($42,000) following the announcement.
  • Company acquired Anime.com domain to serve as platform hub for global anime community.
  • Team and advisors receive 15.6% of token supply with three-year vesting schedule.
  • Initiative follows successful Pudgy Penguins‘ PENGU token launch which reached $1.87 billion market cap.

Anime Culture Meets Cryptocurrency

Popular NFT project Azuki introduced ANIME, a new cryptocurrency positioned as a "culture coin" focused on the Japanese animation community, according to its official tokenomics page. The announcement sparked immediate market reaction, with Azuki NFT prices climbing 9.1% on secondary markets.

- Advertisement -

Strategic Token Distribution

The ANIME token implementation emphasizes community ownership, with 37.5% of tokens available immediately upon launch and an additional 13% reserved for future community-driven initiatives through AnimeDAO governance. This structure allows token holders to participate in decision-making processes regarding community development and incentive programs.

Market data from CoinGecko shows the minimum price for an Azuki NFT reached 13.77 ETH, approximately $42,000, reflecting growing investor confidence in the project’s expansion.

Market Context and Precedent

The launch follows the successful December release of PENGU by Pudgy Penguins, which achieved a market capitalization of $1.87 billion. This precedent suggests growing acceptance of NFT project tokens as viable digital assets.

Azuki‘s acquisition of the Anime.com domain signals commitment to building infrastructure for the anime community. The project stated on X: "Our mission remains the same: build the open anime universe," highlighting their focus on creating a decentralized platform for anime enthusiasts.

- Advertisement -

The token’s three-year vesting schedule for team and advisor allocations (15.6% of supply) demonstrates a long-term commitment to project development, while protecting token value from potential large-scale selling pressure.

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

Consider a small donation to support our journalism

Previous Articles:

- Advertisement -

Latest News

Coinbase’s x402 protocol sees 10,000% surge in payments

An online payments protocol enabling AI agents to transact in stablecoins on the internet...

Kyrgyzstan Launches KGST Stablecoin, Plans Digital Som CBDC

Kyrgyzstan launched a new stablecoin pegged 1:1 to its national currency.The stablecoin, named KGST,...

Trump Nominates SEC Lawyer Mike Selig to Lead CFTC Amid Crypto Push

President Donald Trump nominated Mike Selig to lead the U.S. Commodity Futures Trading Commission...

Cardano Drops 20% in 30 Days, What Could Trigger ADA’s Recovery?

Cardano ADA's price has dropped about 20% in the past month, currently trading near...

Valthos Raises $30M to Use AI for Rapid Biodefense Response

Valthos launched with $30 million in funding from the OpenAI Startup Fund, Lux Capital,...
- Advertisement -

Must Read

Are Cryptocurrency Securities?

TL;DR - Cryptocurrencies are not typically considered securities, as they are decentralized digital assets that operate independently of any central authority or government. However,...