Comprehending the potential of the OKB Token within the cryptocurrency arena can significantly aid investors.
On January 17, the OKB token soared over 20% reaching peaks of $61.29.
The altcoin, associated with the OKX exchange, increased in value as the community responded to updates concerning Azuki’s Animecoin (ANIME).
OKB marked a price increase of 20%. This rise comes after OKX selected OKB as the primary currency for mining Animecoin, which is their inaugural venture intended to transform the Anime sector.
On January 17, the price of OKB, the primary token of the OKX ecosystem, escalated by 20%, achieving a high of $58.86. This surge occurred after the crypto platform designated it as the primary currency for mining Animecoin (ANIME), the token supported by Azuki.
OKX Jumpstart and ANIME tokens
The OKX Jumpstart staking initiative is scheduled to commence mining Animecoin on January 20. OKB holders can stake their OKB and BTC tokens to earn Anime tokens.
The initiative will operate from January 20 to January 23.
Although there is no minimum requirement for staking for OKB and BTC token holders, the maximum staking limit has been established at 600 OKB and 0.3 BTC ($30,000). Staking and unstaking can be carried out at any time.
Anime everywhere ✨Introducing $ANIME @animecoin on #OKX Jumpstart!Stake your $OKB or $BTC and start mining $ANIME at 6:00 am on Jan 20 (UTC).🔚 6:00 am on Jan 23 (UTC)More: https://t.co/H7lZ9PKMvo pic.twitter.com/NEiAqtB8Pj
— OKX (@okx) January 17, 2025
Out of the total reserve of 10 billion tokens, a portion will be allocated to active participants in the OKX Jumpstart event. 50.5% of the entire supply will be distributed to the community. 37.5% of the tokens will benefit the Azuki community, who are the original backers of Animecoin, while Community Cultivation, managed by future AnimeDao, will receive 13%. This 13% will be utilized for community incentives and initiatives.
Partner communities will also receive a 2% allocation.
The Anime Token Listing
The Anime token is scheduled to be listed on both the Ethereum and Arbitrum platforms on January 23. Sources suggest that the token will generate significant interest among Anime enthusiasts, its creators, and fundamentally alter the anime ecosystem.
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