You can break apart text to place each character in a separate text field. Then you can quickly distribute the text fields to separate layers and animate each field. (You cannot break apart text in scrollable text fields.)
You can also convert the text to its component lines and fills to reshape, erase, and otherwise manipulate it. As with any other shape, you can individually group these converted characters, or change them to symbols and animate them. After you convert text to lines and fills, you can no longer edit the text.
Comments
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