Animecoin (ANIME), a new cryptocurrency linked to the Azuki NFT ecosystem, achieved a market capitalization of over US$350 million one day after its launch on Jan. 23.

Azuki, a web3 anime-focused company based in US, aims to create a decentralized anime brand that empowers its community to actively contribute to and celebrate the world of anime.

ANIME is currently valued at US$0.063, with a fully diluted valuation of US$630 million and 5.53 billion tokens in circulation, per CoinMarketCap.

Of the 10 billion ANIME tokens, 37.5% goes to the Azuki community, 13% will be managed by a decentralized autonomous organization (DAO) for growth, and 24.44% is held by the Azuki Foundation.

The remaining 25% is shared among Azuki, early contributors, and partners.

The Azuki NFT collection, featuring 10,000 anime-inspired artworks, remains a top NFT collections, generating US$31.6 million in trading from Jan. 12 to 19.