Doodles NFT Sales See Massive 97% Surge Ahead of DOOD Token Airdrop
Exciting news is buzzing in the digital collectibles space! Doodles NFT sales volume has seen a significant increase, nearly doubling in just 24 hours. This surge comes as traders and collectors eagerly await the launch of the project’s native DOOD token and its associated token airdrop.
What’s Driving the Doodles NFT Sales Surge?
Data confirms a notable spike in activity for the Doodles NFT collection. Sales volume climbed to over $1.1 million in a single day, marking a 97% increase compared to the previous 24-hour period. This placed Doodles among the top daily performers in the NFT market.
Looking at the past week, Doodles recorded $2.6 million in total NFT sales volume. This represents a substantial 368% increase from the week before, highlighting growing momentum.
Introducing the DOOD Token and Airdrop
The primary catalyst for this heightened interest is the upcoming launch of the DOOD token. Doodles recently announced that the token generation event is scheduled for May 9th.
The project first revealed plans for its memecoin back in February, stating that 10 billion DOOD tokens would be minted on the Solana blockchain. Future plans also include bridging to the Base network.
How to Participate in the Token Airdrop
A significant portion of the DOOD token supply is allocated to the community. Holders of Doodles NFTs are eligible to pre-register for an allocation via the token airdrop. Major cryptocurrency exchanges, including Binance and Bybit, have also announced plans to list the token following its minting on May 9th.
DOOD Token Allocation Breakdown:
- Community Members: 68% (30% Doodles community, 13% New Blood community, 25% Ecosystem fund)
- Team Members: 17% (Subject to 1-year cliff, 3-year vesting)
- Company: 5% (Subject to 1-year cliff, 3-year vesting)
- Liquidity: 10%
Solana and the Wider NFT Market Context
The DOOD token is set to launch on Solana, a blockchain known for its speed and low transaction costs. This choice of network is relevant as the broader NFT sales market continues to evolve.
Total NFT sales volume across all chains reached over $103 million in the past week, showing a 7% increase. Ethereum remains the leader in sales volume, followed by Polygon, which saw significant activity driven by real-world asset platforms. Mythos Chain and Bitcoin-based NFTs also contributed notable sales volumes during this period.
Summary
The anticipation surrounding the DOOD token launch and token airdrop has clearly revitalized interest in the Doodles NFT collection, driving a significant 97% surge in NFT sales volume. With the token set to go live on Solana and major exchanges listing it, the coming days will be key for the Doodles ecosystem and its community.
