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Cryptocurrency News Articles
Doodles NFT Collection Trading Sales Volume Pumps +1,500% to Over $8.7 Million on Potential Token Launch Hint
Dec 20, 2024 at 08:11 pm
Doodles, a renowned non-fungible token collection, has seen its trading sales volume pumping +1,500% to over $8.7 million.
Renowned non-fungible token (NFT) collection Doodles has seen a massive +1,500% surge in trading sales volume, reaching an impressive $8.7 million. This remarkable increase follows shortly after a cryptic message posted on x (Twitter) by its founder, Burnt Toast, hinting at a potential token launch. The teaser has sparked widespread anticipation and excitement within the NFT and crypto communities. Could Toast have been quietly incubating something?
WEN TOKEN pic.twitter.com/MV7VAZLmsg
— beeple (@beeple) December 20, 2024
Doodles Surges Over +1500% In Daily NFT Sales Volume
According to data collated by CryptoSlam.io, an on-chain NFT explorer and crypto market aggregator renowned for tracking data on crypto prices, volumes, market capitalization, and community growth, Doodles has surged significantly in daily trading sales volume. Over the past 24 hours, the Doodles NFT collection has accrued a trading sales volume of $8.7 million, up by an impressive 1,531% from the previous day.
Launched in 2021, Doodles is an NFT collection created by digital artist Burnt Toast. The collection consists of a limited edition of 10,000 colorful, cartoonish NFTs, hosted on the Ethereum blockchain. Doodles has quickly ascended to become one of the leading blue-chip NFT collections in the market. The Doodles NFT collection features a vast array 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's message reads, "take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth." Notably, the first letter of each phrase spells out "token is coming." This cryptic message has fueled speculation and volatility in the Doodles NFT ecosystem.
Doodles token is CONFIRMED
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 Over +62% In 24 Hours
Data collated by CoinGecko.com, another renowned NFT explorer, indicates that the Doodles NFT floor price has surged significantly following the token launch speculation. Over the past 24 hours, the Doodles NFT floor price has climbed from 4.29 ETH to 7.70 ETH, surging over 62% from the previous day. At the time of writing, the Doodles NFT floor price is finding support at 6.90 ETH.
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