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DOOD Token Launch Sends NFT Traders Into Feeding Frenzy

DOOD Token Launch Sends NFT Traders Into Feeding Frenzy

Author:
Cryptodnes
Published:
2025-05-09 05:00:35
17
3

Memecoin mania meets digital collectibles as DOOD’s debut sparks 300% trading volume surge.

Floor prices moon—then crash—in predictable ’buy the rumor, sell the news’ pattern.

Traders who missed the BNB bull run now FOMO into NFTs like it’s 2021 again.

Another day, another token propping up JPEG valuations with hot air and hopium.

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Interest around the airdrop has already had a measurable impact, with Doodles NFT trading volume up 368% week-over-week and 60% in the last 24 hours alone. That spike suggests demand for DOOD could be strong out of the gate.

As for price action, all eyes are on how DOOD will perform in comparison to past NFT-linked token launches like PENGU, which saw an explosive rally after hitting markets late last year. With a smaller total supply and broad exchange support, DOOD may benefit from similar tailwinds — especially given the positive market sentiment surrounding bitcoin and the Fed’s latest decision to hold interest rates steady.

Still, short-term volatility is likely, as traders rush to capitalize on launch momentum and airdrop recipients begin to sell.

Alexander Stefanov

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