Our DOOD token will be having its first mint on Solana TOMORROW! It’s making waves, creating anticipation, and increasing trading volume for the Doodles NFT collection. The launch follows the token’s first announcement made back in February. It has a capped supply of 10 billion units. The airdrop itself is deeply connected to the widely successful Doodles NFT collection. Understanding this connection has generated unprecedented interest and speculation in the NFT marketplace.
The DOOD token distribution plan sets aside 68% of the entire supply for the community. A third of the tokens will be distributed directly to holders on a regular basis. Of those additional allocations, they break down funds specifically earmarked for an ecosystem fund and team incentives. Plus, there’s liquidity funding and a featured category for first-timers, dubbed “New Blood.”
The Doodles NFT trading volume has skyrocketed recently in preparation for the DOOD token launch. Week-over-week, trading volume has increased by 368%. In the past 24 hours exclusively, trading volume has increased 60%, highlighting the developing interest that’s building around the token airdrop.
Looking forward, we have plans to bring the DOOD token onto Base. This change will further broaden its usefulness and adoption in the wider cryptocurrency ecosystem. We use tokens as a strategic tool to increase community participation. This method encourages active involvement and maintains liquidity, fostering a strong and vibrant community ecosystem centered around the DOOD token.
