ANIME Token Surges 19.53% Amid $59M Upbit Volume and $5.89M Liquidations, Eyes Volatility Ahead

Animecoin (ANIMEUSDT) experienced a significant 19.53% price increase in the last 24 hours, rising from 0.03630 to 0.04339, according to Binance data. This surge is attributed to heightened trading activity, including $5.89 million in liquidations and ANIME ranking among the top five trading pairs by volume on Upbit, with over $59 million in volume. The recent breakout from a prolonged consolidation phase and renewed interest following its listing among top crypto gainers have contributed to increased volatility and trading momentum. Despite the price rally, technical indicators show mixed signals, with a bearish MACD crossover and an RSI of 32.86 suggesting potential short-term caution. Currently, ANIME maintains strong trading volumes and a market cap of approximately $102.74 million, though short-term forecasts indicate possible price fluctuations ahead.