OKB Registers 20% Price Surge as OKX Adopts It as Primary Token for Mining Animecoin

OKB price rose by 20% on Friday after OKX adopted the OKB token as the primary token for mining Animecoin, which is the first project from the crypto platform aimed at revolutionizing the Anime industry.

On Friday, Jan 17, the price of OKB, the native token of the OKX ecosystem, rose by 20%, posting a high of $58.86. This came after the crypto platform chose it as the primary token for mining Animecoin (ANIME), the Azuki-backed token.

OKX Jumpstart and ANIME tokensThe OKX Jumpstart staking program is set to begin mining Animecoin on Jan 20. OKB users can stake their OKB and BTC tokens to gain Anime tokens.

The program will run from Jan 20 to Jan 23.

While there is no minimum limit for staking for the holders of OKB and BTC tokens, the maximum staking limit is set at 600 OKB and 0.3 BTC ($30,000). Staking and unstaking are permissible at any given time.

Anime everywhere ✨​Introducing $ANIME @animecoin on #OKX Jumpstart!

Stake your $OKB or $BTC and start mining $ANIME at 6:00 am on Jan 20 (UTC).

🔚 6:00 am on Jan 23 (UTC)

More: https://t.co/H7lZ9PKMvo pic.twitter.com/NEiAqtB8Pj

— OKX (@okx) January 17, 2025

Of the 10 billion total token reserve, a share will go to the active participants in the OKX Jumpstart event. 50.5% of the total supply will be apportioned to the community. 37.5% of the token will go to the Azuki community who are the first supporters of Animecoin while Community Cultivation which is held by future AnimeDao will get 13%. The 13% will be used as community incentives and initiatives.

Partner communities will also get a 2% share.

The Anime token listingThe Anime token is set for listing on both the Ethereum and Arbitrum platforms on Jan 23. According to sources, the token will generate a large following among Anime users and its creators and will significantly impact the anime ecosystem.