Start by applying a gradient to the background. |
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Type text in a new layer. |
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Right click the layer and select rasterize. |
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Using rectangular marquee tool create a selection over "P". Press Ctrl+Shift+J to cut and paste the selection in a new layer. |
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Similarly cut & paste all the alphabets. |
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Hide all alphabets except "P". |
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Select lower portion of "P" using rectangular marquee tool. Press Ctrl+Alt+J to cut and paste the selection in a new layer. |
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Similarly split the other parts of "P" in separate layers. |
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Create a pen using custom shape tool. |
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Split the other alphabets in separate layers similarly. |
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Double click the pen layer to open layer style window. Apply layer style with the settings shown. |
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Place it at the bottom of first letter "P" as shown in the image below. |
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Open animation window. For the first frame hide all text. |
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Duplicate frame. Move the pen along with the flow of the text and keep unhiding the alphabet's parts as you move ahead. |
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Duplicate the layer and scale it up. |
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Adjust delay duration of the frames as per your speed requirement. |
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Press Ctrl+Alt+Shift+S to save an optimized animated GIF. |
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