You can set any GIF image file as a live wallpaper for your phone.
It's easy and easy to use this app. For example, as a root, you do not need special settings on your phone. Your phone should be able to display live wallpaper. You can move and resize the image before setting it as a background.
Tip: Cinemagr is awesome as a live wallpaper set. For example, search Google Images for "Cinematograph File Type: GIF"