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Doodles NFT sales hit $1.1 million ahead of DOOD token launch

Doodles NFT sales hit $1.1 million ahead of DOOD token launch

GrafaGrafa2025/05/09 01:20
By:Mahathir Bayena

Doodles NFT sales surged 97% in 24 hours, reaching over $1.1 million as traders prepare for the project’s DOOD (CRYPTO:DOOD) token generation event and airdrop scheduled for May 9, 2025.

Data from CryptoSlam showed that this spike placed Doodles third in daily NFT sales volume, behind DMarket and Courtyard NFTs.

Over the past week, Doodles recorded $2.6 million in total sales, marking a 368% increase from the previous week and ranking fifth among all NFT collections.

The surge coincides with the upcoming launch of the DOOD memecoin, which will mint 10 billion tokens on the Solana blockchain, with plans to bridge to the Base blockchain in the future.

According to the project’s tokenomics, 68% of DOOD tokens will be allocated to community members, including 30% for the Doodles community, 13% for the New Blood community, and 25% reserved for the ecosystem fund.

Team members will receive 17% of the tokens, the company will hold 5%, both subject to a one-year cliff and three-year vesting period, while 10% will be allocated to liquidity.

Holders of Doodles NFTs are eligible to pre-register for the airdrop, and exchanges such as Binance and Bybit have announced plans to list DOOD tokens immediately after minting.

The broader NFT market also saw increased activity, with total weekly volume exceeding $103 million, a 7% rise from the previous week.

Ethereum-based (CRYPTO:ETH) NFTs led with $26.5 million in sales, followed by Polygon NFTs at $19.1 million, largely driven by the Courtyard platform.

Other blockchains like Mythos Chain and Bitcoin-based (CRYPTO:BTC) NFTs also showed strong sales, registering $16 million and $12 million respectively.

The DOOD token launch represents a new phase for Doodles, expanding its ecosystem beyond NFTs into a tokenised community with governance and utility features.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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