Doodles NFT Sales Skyrocket Ahead of DOOD Token Airdrop

Doodles, a popular NFT project, has seen a remarkable 97% surge in sales over the past 24 hours, driven by excitement surrounding the upcoming DOOD token airdrop. As collectors rush to acquire Doodles NFTs, sales have reached over $1.1 million, nearly doubling the previous day's figures.

Key Takeaways

• Doodles NFT sales increased by 97% in 24 hours, totaling $1.1 million.

• The surge places Doodles as the third highest in daily NFT sales.

• A total of $2.6 million in sales volume was recorded over the past week, marking a 368% increase.

• The DOOD token generation event is set for May 9, 2025.

• 68% of DOOD tokens will be allocated to community members, with significant airdrop opportunities.

Overview Of The Surge

On May 8, data from CryptoSlam indicated that Doodles NFT sales had skyrocketed, placing the project in the third position for daily NFT sales, trailing only behind DMarket and Courtyard NFTs. This surge is attributed to the anticipation of the DOOD token launch, which is expected to enhance community engagement and participation.

Over the past week, Doodles has recorded a staggering $2.6 million in total sales volume, a significant increase of 368% compared to the previous week. This surge in activity reflects a broader trend in the NFT market, which has seen total weekly sales exceed $103 million, a 7% increase from the prior week.

DOOD Token Launch Details

The DOOD token, which is set to launch on May 9, 2025, will be minted on the Solana blockchain. The Doodles team has outlined a comprehensive allocation plan for the 10 billion DOOD tokens:

• 30% to Doodles NFT holders via airdrop

• 13% to the New Blood community

• 25% reserved for the Ecosystem Fund

• 17% for team members

• 5% for the company

• 10% for liquidity

This allocation strategy aims to foster community involvement and ensure that a significant portion of the tokens is distributed among active participants.

Airdrop Eligibility and Process

Holders of Doodles NFTs are eligible to pre-register for the airdrop, which will occur during the Token Generation Event (TGE). To participate, NFT holders must connect their Ethereum and Solana wallets to claim their allocation. The airdrop will be available for 77 days following the TGE for those who miss the pre-registration window.

Additionally, members of the New Blood community, which includes Solana-native groups engaging with Doodles, will automatically receive their DOOD tokens without the need for pre-registration.

The Bigger Picture

The introduction of the DOOD token is not just a standalone event; it represents a significant step in the evolution of the Doodles ecosystem. The token will serve as a utility within the broader DreamNet protocol, which aims to facilitate community-driven storytelling and creative collaboration.

By leveraging the DOOD token, Doodles aims to create a dynamic environment where community members can contribute to the narrative and development of the Doodles universe. This innovative approach could redefine how intellectual property is managed and developed in the digital age, emphasizing community ownership and participation.

As the NFT market continues to evolve, the success of the DOOD token and its associated ecosystem will be closely watched by collectors and investors alike, marking a pivotal moment in the intersection of NFTs and community-driven content creation.

Sources

• Doodles NFT sales surge 97% ahead of DOOD token airdrop, StartupNews.fyi.

• Doodles NFT sales surge 97% ahead of DOOD token airdrop, mx.advfn.com.

• Everything You Need to Know, NFT Now.

• Doodles NFT sales surge 97% ahead of DOOD token airdrop, Cointelegraph.