style.css

*{
    margin: 0;
    padding: 0;
    box-sizing: border-box;
}
body{
    display: flex;
    justify-content: center;
    align-items: center;
    height: 100vh;
   background-color: #000;
   overflow: hidden;
}
.container{
    position: absolute;
    top: 20%;
    height: 90%;
    display: flex;
    justify-content: center;
    align-items: center;
}
.circle{
    position: absolute;
    background: transparent;
    width: calc(var(--i) * 2.5vmin);
    aspect-ratio: 1;
    border-radius: 50%;
    border: 3px solid rgb(0, 225, 13);
    transform-style:preserve-3d ;
    transform: rotateX(70deg) translateZ(50px);
    animation: animate 3s ease-in-out calc(var(--i) * 0.08s) infinite;
    box-shadow: 0 0 15px rgb(124, 124, 124);
    inset: 0 0 15px rgb(124, 124, 124) ;
}
@keyframes animate {
    0%,
    100%{
        transform: rotateX(70deg) translateZ(50px)
        translateY(0) ;
        filter: hue-rotate(0);
    }
    50%{
        transform: rotateX(70deg) translateZ(50px)
        translateY(-50vmin) ;
        filter: hue-rotate(360deg);
    }

}