Step 1:  Select Layer from Common toolbar & draw a layer.

Step 2:  Write the text within the Layer.

Step 3:  Click on Modify button (when the layer is selected)

Step 4:  Click on Timeline button

Step 5:  Click on Add layer in timeline.

Step 6:  Modify -> Timeline -> Select Record path to Layer

Step 7:  Drag the layer as per your desire, to define a path.

Step 8:  Tick on Auto Play & Loop (if required)

Step 9:  Open it in the Browser to see the effect.