TLDR Animecoin (ANIME) rose 5.39% in the past 24h, outperforming the broader crypto market (+4.53%). Key drivers include a major corporate partnership and technical rebound signals.
- GameSquare Partnership – Nasdaq-listed firm’s $2.5M purchase and marketing deal boosted institutional credibility.
- Binance Delisting Reaction – ANIME defied expectations with a 16% surge post-announcement, riding altcoin momentum.
- Technical Rebound – Oversold RSI and bullish community sentiment supported price recovery.
Deep Dive
1. GameSquare Partnership (Bullish Impact)
Overview: On August 13, Nasdaq-listed GameSquare announced a $2.5M ANIME purchase and a one-year agency deal to promote the token through its gaming/esports networks (BlockBeats). The partnership leverages FaZe Clan’s 500M+ fanbase, directly targeting anime and gaming demographics.
What this means: Institutional adoption signals reduced supply liquidity (GameSquare plans to hold tokens long-term) while amplifying ANIME’s visibility. The deal also ties ANIME to revenue-generating Web3 campaigns, creating utility-driven demand.
What to look out for: Follow-through buying from GameSquare’s open-market purchases and new exchange listings driven by partnership visibility.
2. Binance Delisting Paradox (Mixed Impact)
Overview: Binance announced the removal of the ANIME/FDUSD pair on August 15 due to low liquidity. Despite this, ANIME rose 16% post-news (Cryptopotato), likely due to traders shifting to other pairs (e.g., ANIME/USDT) and broader altcoin strength (ETH +8%, SOL +15%).
What this means: The delisting removed a low-volume pair but didn’t isolate ANIME from market-wide momentum. Traders interpreted the move as a liquidity consolidation rather than a project red flag.
3. Technical Rebound Signals (Bullish Impact)
Overview: ANIME’s RSI (14-day: 43.12) exited oversold territory, while a community post highlighted a bullish setup above $0.0178 support (CoinMarketCap). The 24h trading volume surged 38% to $24.8M, confirming buyer interest.
What this means: Short-term traders capitalized on oversold conditions, with key resistance at $0.0186 (23.6% Fibonacci retracement). A break above this level could target $0.020.
Conclusion
ANIME’s rally reflects a mix of strategic partnership hype, resilient market sentiment, and technical buying. While the GameSquare deal provides mid-term credibility, traders should monitor whether the 24h volume surge sustains beyond the news cycle.
Key watch: Can ANIME hold above $0.0178 support amid broader market volatility?