ANIME Surges 17.99% in 24 Hours as Trading Volume Hits $210.7 Million Amid Altcoin Rally

Animecoin (ANIME) experienced a notable surge in the past 24 hours, with its price rising by 17.99% to 0.02826 USDT as of May 22, 2025, and trading volumes reaching up to $210.7 million. This significant price movement reflects heightened trading activity and increased interest in the asset, particularly within the context of broader volatility across the altcoin market.

The recent price increase appears to be driven by overall positive momentum in the cryptocurrency sector, as major assets like Bitcoin rally and altcoins attract greater attention. No major technical issues or negative news have been reported for ANIME in the past 24 hours. Market sentiment is currently classified as "Bearish" by technical indicators, despite the price rise, while the Fear & Greed Index indicates high optimism among investors. Volatility remains moderate to high, with 57% of the past 30 days closing positively for ANIME. Although the current trend is upward, some forecasts suggest potential for a correction in the coming weeks.