Doodles Launches DOOD Token on Solana Blockchain
- Doodles introduced its official token, DOOD, launching initially on the Solana blockchain.
- The DOOD token will have a total supply of 10 billion tokens.
- 68% of the tokens are allocated to the Doodles community, with specific allocations for the community (30%) and ecosystem fund (25%).
- Scott Martin became CEO of Doodles in January 2025, emphasizing risk and transparency.
- The launch aligns with a memecoin trend in the NFT market, joining projects like Pudgy Penguins and Azuki.
Doodles’ launch of the DOOD token on Solana introduces a supply of 10 billion tokens, with significant portions allocated to its community. This move coincides with a broader memecoin trend within the NFT sector.
Source (2.6)https://coingape.com/ethereum-nft-brand-doodles-launches-solana-based-dood-token/?rand=24432