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The SVG file format is a popular tool for displaying two-dimensional graphics, charts, and illustrations on websites. Plus, as a vector file, it can be scaled up or down without losing any of its resolution.
SVG for Personal project
You can either embed the GIF into your SVG as a Data URI. Or you could switch to using <object> instead. “SVGs that are embedded with <img> must be self contained.” Reference?
Google Chrome, Firefox, IE, Opera, and every popular browser has the capacity to render SVG images. SVG files are also supported in basic text editors and high-end Graphics editors like CorelDRAW.