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Cryptocurrency News Articles

title: Doodles NFTs Are Lighting Up the Digital Collectibles Market With a Remarkable Surge in Sales

May 09, 2025 at 10:39 pm

The DOOD token is designed as the centerpiece of the Doodles ecosystem, with 10 billion tokens slated for minting on Solana and plans to bridge to the Base blockchain.

title: Doodles NFTs Are Lighting Up the Digital Collectibles Market With a Remarkable Surge in Sales

Sales of Doodles NFTs surged on May 8, generating $1.1 million in a single day. The impressive feat marks a 97% increase from the previous day and positions the collection third in daily NFT rankings, trailing closely behind DMarket and Courtyard.

The remarkable rally in the NFT sector continues, signaling a broader recovery in the crypto market.

Over the past week, Doodles has generated $2.6 million in total sales volume, showcasing the sustained interest in the collection. The figures also represent a staggering 368% increase from the week prior.

Anticipation is running high for the launch of the DOOD token on May 9. The token will be the centerpiece of the Doodles ecosystem, with 10 billion tokens slated for minting on Solana and plans to bridge to the Base blockchain.

Airdrop allocations have further fueled the hype, with Doodles NFT holders able to pre-register to claim a portion of the supply. The community will receive 30% of the tokens, while the New Blood collective will get 13%. An ecosystem fund is also set to claim 25% of the supply.

The project’s team and company will receive 22% of the tokens, subject to a one-year lock and a three-year vesting schedule. The remaining 10% will provide liquidity to support trading. Major exchanges, including Binance and Bybit, have confirmed they will list the token shortly after its May 9 debut.

NFTs See Broader Gains

The Doodles collection's boom comes amid a broader uptick in NFT sales. Total weekly NFT sales reached $103 million, up 7% from the previous week.

The majority of sales activity was observed on Ethereum, with weekly volume reaching $26.5 million. This marks a 24% decrease compared to the previous week.

Among Ethereum collections, Courtyard led with $17 million in sales over the past week, followed by Artifact Worlds with $2.6 million.

Polygon-based NFTs generated $19.1 million in sales, signaling strong performance in the sector.

Other blockchains also posted strong numbers, with Mythos Chain logging $16 million in sales and Bitcoin-based NFTs tallying $12 million.

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Other articles published on May 11, 2025