Doodles NFT Sales Skyrocket 97% as DOOD Token Airdrop Sparks Market Frenzy
On May 8, 2025, Doodles NFT sales surged by 97% within 24 hours, reaching over $1.1 million in volume. This spike coincides with the project's announcement of its DOOD token airdrop and memecoin launch scheduled for May 9. The DOOD token will be minted on the Solana blockchain, with plans to bridge to the Base blockchain in the future. The token allocation includes 68% for the community, 17% for team members, 5% for the company, and 10% for liquidity. Notably, exchanges like Binance and Bybit have announced plans to list the token post-minting.
This surge in Doodles NFT sales reflects a broader trend in the NFT market, which saw a 7% increase in total volume over the past week, reaching more than $103 million. Ethereum-based NFTs led with $26.5 million in sales, followed by Polygon NFTs at $19.1 million, driven largely by the real-world asset NFT platform Courtyard.
The anticipation surrounding the DOOD token airdrop and memecoin launch underscores the growing interest in NFT projects that integrate utility tokens, aiming to enhance community engagement and expand their ecosystems.
