On May 9, 2025, Doodles officially launched its dedicated token, DOOD, on the Solana blockchain. Users can claim token airdrops and participate in the new DreamNet protocol.
Launch of DOOD Token on Solana
Doodles has introduced the DOOD token, now available to users on the Solana blockchain. Users can claim airdrops and engage with the DreamNet protocol for rewards in creating story worlds. The token's launch is supported by exchanges such as Bybit, Binance Alpha, and Gate, broadening its accessibility.
Doodles' Multi-Chain Expansion Strategy
Scott Martin, CEO of Doodles, expressed plans to extend token usage to the Base chain, highlighting Doodles' commitment to multi-chain engagement. The token's launch is expected to accelerate community participation, with 68% of its supply dedicated to community initiatives.
Market Analysis and Expected Trends
According to CoinMarketCap, Doodles' DOOD token is priced at $0.01, with a market cap of $60.39 million. Its fully diluted market cap stands at $77.42 million. The token's trading volume reached $30.44 million over the past 24 hours, despite a price decrease of 41.10% across various periods. The circulating supply is reported at 7.8 billion out of a max of 10 billion.
The launch of the DOOD token on Solana opens new horizons for Doodles and reiterates their expansion strategy. Significant increases in community engagement and market interest are anticipated.
