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Detailed explanation-1: -GIF is a good choice for simple images and animations, although converting full color images to GIF can result in unsatisfactory dithering. Typically, modern content should use PNG for lossless and indexed still images, and should consider using APNG for lossless animation sequences.

Detailed explanation-2: -When to use a GIF file. The smallest of the four image formats, GIF is a great file type to use if you’re working with small graphics, like banners, charts, and buttons. With compression techniques that limit GIFs to 256 colors, their file size makes for fast-loading visuals.

Detailed explanation-3: -GIF: is an image encoded in Graphics Interchange Format (GIF) which contains a number of images or frames in a single file and is described by its own graphic control extension. The frames are presented in a specific order in order to convey animation. An animated GIF can loop endlessly or stop after a few sequences.