Doodles Listing on May 9: Join $DOOD Token Airdrop on Binance Now

Doodles Set to Launch $DOOD Token on Binance: What Investors Should Know

The Doodles NFT project is poised to make a significant leap into the cryptocurrency market with the launch of its native token, $DOOD, on May 9, 2025. This move marks a pivotal moment for the brand, transitioning from a popular NFT collection to a broader Web3 ecosystem player.

Launch Details and Exchange Listings

Binance, one of the world's leading cryptocurrency exchanges, has confirmed that it will list the $DOOD token on its platform. Trading will commence on Binance Alpha, with the exact time to be announced on the day of the launch. Additionally, Binance Futures will introduce a DOOD-USDT perpetual contract offering up to 50× leverage, providing traders with opportunities to capitalize on market movements.

Source: X

Bybit, another prominent exchange, has also announced plans to list $DOOD on its spot trading platform on the same day. This dual listing is expected to enhance liquidity and provide broader access to the token for investors worldwide.

Airdrop Incentives for Community Engagement

To incentivize participation and reward early supporters, Binance has introduced an airdrop program tied to its Alpha Points system. Users who meet the required Alpha Points threshold will receive an airdrop of $DOOD tokens within ten minutes of the first trade. The specific points requirement and trading time will be disclosed on the launch day, encouraging users to stay engaged and informed.

Understanding $DOOD Tokenomics

The $DOOD token comes with a total supply of 10 billion tokens, distributed to support the project's growth and community involvement:

• 30% allocated to the Doodles community, rewarding existing NFT holders and fostering engagement.

• 25% designated for an ecosystem fund to support long-term development and partnerships.

• 17% reserved for the core team, with a one-year lockup period followed by a three-year vesting schedule.

• 13% set aside for "New Blood," aimed at attracting new users and contributors.

• 10% allocated to liquidity providers to ensure stable trading conditions.

• 5% retained by Doodles Inc. for operational purposes, also subject to a one-year lockup and three-year vesting.

This distribution strategy emphasizes the project's commitment to decentralization and community-driven growth.

Source: Whitepaper

Strategic Shift and Project Evolution

Originally launched in 2021 as a 10,000-piece NFT collection, Doodles quickly gained popularity for its distinctive art style and vibrant community. Over time, the project expanded its reach through collaborations with major brands like McDonald's and Adidas, as well as partnerships with artists such as Pharrell Williams.

However, some community members expressed concerns that these corporate partnerships were overshadowing the project's original ethos. In response, Doodles' leadership has reaffirmed its commitment to its core community, with the $DOOD token serving as a vehicle to re-engage supporters and align the project's direction with its foundational values.

Price Predictions and Market Outlook

Analysts have offered varied projections for $DOOD's price trajectory:

• Conservative estimates suggest an initial trading range between $0.05 and $0.10, reflecting cautious optimism based on current market conditions.

• Bullish scenarios envision the token reaching higher valuations if the project successfully launches new products, secures additional partnerships, and maintains strong community engagement.

It's important to note that these predictions are speculative and subject to market dynamics, investor sentiment, and broader economic factors.

Investor Considerations and Risk Management

As with any new token launch, $DOOD presents both opportunities and risks. Investors should conduct thorough research, assess their risk tolerance, and consider the following:

• Volatility: New tokens can experience significant price fluctuations, especially in the initial trading period.

• Leverage Risks: While Binance Futures offers up to 50× leverage on DOOD-USDT contracts, such high leverage can lead to rapid gains or losses.

• Project Fundamentals: Understanding Doodles' roadmap, team, and community initiatives can provide insights into the token's long-term potential.

Conclusion

The launch of the $DOOD token represents a significant milestone for the Doodles project, signaling its evolution from an NFT collection to a multifaceted Web3 ecosystem. With strategic exchange listings, community-focused tokenomics, and renewed emphasis on its foundational values, Doodles aims to solidify its position in the decentralized creative space.

Investors and community members alike will be watching closely as $DOOD makes its debut on major exchanges, marking the beginning of a new chapter in the project's journey.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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