Yes, of course - the only way I know how to share this is like this:
- Download the animated gif onto your phone from here:
https://abload.de/img/c64decrunchwithtext5uae0.gif
- When you see the anim gif playing in Safari, just press and hold on it, and chose to save in your photo library, as usual.
- Now you need to download the LiveMaker phone app from here (it's free)
https://appsto.re/it/uxK0-.i
- Launch that app, select + from the top right corner and choose Convert GIF to Live Photo. Now of course select the GIF you just saved, let the app convert and save the resulting live photo into your library.
- Now go to phone's photo library and favorite that live photo. When you do that, the photo will instantly appear in the photos app on your watch. Go there, select this newly added live photo, force touch on it, and create the watch face.
I know this seems like lots of steps, but it can be done very easily. It's just that it took me forever to create the original anim gif - it's actually a combination of three different decrunch sequences from C64 that I've carefully merged frame by frame in photoshop, to create one that to my eye looked the best.