Doodles’ DOOD token falls on launch, but team is planning its future

PENGU vs. DOOD: The Story of Two NFT TokensIn the fast-paced world of NFTs and crypto, two major projects have come to the fore: Pudgy Penguins and Doodles. Both have launched their own native tokens – PENGU and DOOD – with the aim of strengthening their ecosystems and rewarding their communities. Although the goals are similar, the strategies, market reactions and the performance of the tokens could hardly be more different.In this article, we …

Doopies Collection Rumours Raise Concerns Over Doodles’ Brand – #CryptoUpdatesGNIT

The Doodles community is abuzz over the possibility of a new NFT collection, the Doopies, which has yet to be officially confirmed by the team. Despite this, a screenshot from the official Doodles App have begun circulating, drawing attention to a potential expansion of the Doodleverse. The characters, which are described as quirky and eccentric, have sparked both excitement and concerns. In addition to this speculation, the launch of the DOOD t…

Doodles’ DOOD token falls on launch, but team is planning its future

This is a segment from The Drop newsletter. To read full editions, subscribe. The 2021-era Ethereum NFT collection Doodles, which some have long considered to be a “blue chip” collection, launched its anticipated DOOD token on Solana this past Friday. DOOD launched, briefly had a market cap of over $100 million, and then abruptly fell to a market cap of roughly $52 million. The token has since held around that point, and sits at a $54 million ma…