Doodles Rises +1500% In NFT Sales Over Potential Token Drop

Doodles Rises +1,500% In Daily NFT Sales Over Potential Token Launch

Updated: 20 December 2024

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Doodles, a renowned non-fungible token collection, has seen its trading sales volume pumping +1,500% to over $8.7 million. This notable resurgence came shortly after its founder Burnt Toast posted a cryptic message on x (Twitter) hinting potential token launch. This teaser has created some frenzy among the non-fungible token and crypto communities. Is there a possibility Toast has been incubating something?

WEN TOKEN pic.twitter.com/MV7VAZLmsg

— beeple (@beeple) December 20, 2024

Doodles Jumps +1500% In Daily NFT Sales Volume

Data compiled by CryptoSlam.io, an on-chain non-fungible token explorer and a crypto market aggregator renowned for tracking data on crypto prices, volumes, market capitalization, and community growth, shows that Doodles has significantly surged in daily trading sales volume. In the past 24 hours, the Doodles NFT collection raised a trading sales volume of $8.7 million, up 1,531% from the previous day.

Launched in 2021, Doodles is a non-fungible token collection built by digital artist Burnt Toast. The non-fungible token collection features a limited edition of 10,000 colorful, cartoonish NFTs hosted on the Ethereum blockchain network. Doodles has grown to become one of the leading blue-chip NFT collections in the NFT market. Doodles NFT collection features hundreds of traits, including facial expressions, hairstyles, hats, bodies, and more.

In a December 19 blog post, Doodles founder Scott Martin, also known as Burnt Toast hinted at a potential token launch for the NFT collection. Toast tweeted “take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth.” The Doodles NFT community has translated the first letters of each phrase spell “token is coming.” This cryptic message has fueled speculation and volatility in the Doodles NFT ecosystem.

🚨 Doodles token is CONFIRMED

The first letter of each word of this tweet spells out “token is coming” pic.twitter.com/vICtAM9c2B

— voh (@vohvohh) December 19, 2024

Doodles Floor Price Surges +62% In The Past 24 Hours

Data compiled by CoinGecko.com, another renowned non-fungible token explorer, indicates that the Doodles NFT floor price to significantly surge after token launch speculation. In the past 24 hours, Doodles NFT floor price has climbed from 4.29 ETH to 7.70 ETH, representing over 62% from the previous day. At the time of publishing, the Doodles NFT floor price is finding support at 6.90 ETH.