Right here’s why OKB value spiked 20% at this time

• OKB token surged greater than 20% to hit highs of $61.29 on Jan. 17.
• The altcoin, native to the OKX alternate, rose because the group reacted to information round Azuki’s Animecoin (ANIME).

OKB registered a value surge 20% increased. The value surge follows OKX adopting OKB as the first token for mining Animecoin which is their maiden undertaking geared toward revolutionizing the Anime business.

On Friday Jan 17, the worth of OKB, the native token of the OKX ecosystem rose by 20% posting a excessive of $58.86. This got here after the crypto platform selected it as the first token for mining Animecoin (ANIME), the Azuki backed token.

OKX Jumpstart and ANIME tokens

The OKX Jumpstart staking program  is ready to start mining Animecoin on Jan 20. The OKB customers can stake their OKB and BTC tokens to achieve Anime tokens.

This system will run from Jan 20 to Jan 23.

Whereas there is no such thing as a minimal restrict for staking for the holders of OKB and BTC tokens, most staking restrict is ready at 600 OKB and 0.3 BTC ($30,000). Staking and unstaking is permissible at any given time.

Anime in all places ✨
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Introducing $ANIME @animecoin on #OKX Jumpstart!
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Stake your $OKB or $BTC and begin mining $ANIME at 6:00 am on Jan 20 (UTC).
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🔚 6:00 am on Jan 23 (UTC)
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Extra: https://t.co/H7lZ9PKMvo pic.twitter.com/NEiAqtB8Pj

— OKX (@okx) January 17, 2025

Of the ten billion whole token reserve, a share will go to the energetic contributors within the OKX Jumpstart occasion. 50.5% of the whole provide will likely be apportioned to the group. 37.5% of the token will go to the Azuki group who’re the very first supporters of Animecoin whereas Group Cultivation which is held by future AnimeDao will get 13%. The 13% will likely be used as group incentives and initiatives.

Associate communities will even get 2% share.

The Anime token Itemizing

The Anime token is ready for itemizing on each the Ethereum and Arbitrum platforms on Jan 23. Sources point out that the token will fire up nice following among the many Anime customers,its creators and revolutinize the the anime ecosystem to an amazing deal.