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Doodles NFT token stalls after airdrop

  • Doodles launched its native token DOOD on May 9, 2025, on the Solana blockchain with trading available on Bybit, Binance Alpha, and Gate.
  • The launch followed Doodles’ transition from Ethereum NFTs and CEO Scott Martin's intent to build long-term community value using Solana's speed and accessibility.
  • DOOD allocates 68% of its supply to community initiatives, including 30% for existing Doodles NFT holders requiring registration and 13% for New Blood participants receiving automatic airdrops.
  • At launch, DOOD traded near $0.01 with a circulating supply of 7.8 billion tokens and $30.44 million volume, though it faced a 41.10% price decline soon after.
  • The launch aims to expand community engagement through DreamNet rewards and plans to extend DOOD to the Base chain to support further adoption and liquidity.
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Doodles NFT token stalls after airdrop

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GlobalNewsIt broke the news in on Friday, May 9, 2025.
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