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The metrics are accurate at the time of publication. The percentage change is over a 30-day period.

Highlighting the latest updates from the Anime ecosystem.

Animecoin trading volume rose 60% to $857 million in November

This builds on October’s momentum of $535.5 million in trading volume, where Animecoin also rose 35% from $397 million in September. Now, with November wrapped up, Animecoin has experienced back-to-back months in trading volume growth.

These consecutive monthly increases have created a compounding effect, driven by community engagement rather than isolated hype cycles. For comparison, bitcoin’s trading volume between October to November dipped approximately 14%, highlighting Animecoin as an outlier to movement of major assets.

Despite the overall cryptocurrency market being down, following crypto’s largest liquidation event in history, Animecoin’s sustained growth in trading volume can be seen as a constructive indicator that points to heightened participation, improved liquidity and broader conviction. Liquidity, which is measured by the ease of executing large trades without significant price impact, directly correlates with volume. This is because higher figures reduce slippage, thus attracting a wider pool of investors who prioritize efficient entry and exit points.

Prior to this growth, Animecoin has not seen consecutive months with increased trading volume. Which makes this volume resilience amid current crypto market conditions noteworthy, underscoring the token’s position as a potential liquidity entrant in culture-focused tokens.

Looking ahead to December, it’ll be interesting to see if Animecoin can uphold its performance against a recovering, but cautious crypto market. With holiday seasons coming up as well, if trading volume can sustain these levels, or even rise again, it could signal strong investor appetite and a resilience within web3 and anime-centric enthusiasts alike.

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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.