Binance announced its support for the Doodles (DOOD) token airdrop aimed at NFT holders, with trading scheduled to commence on May 9, 2025, on their market platform.
The event marks an important milestone as it showcases Binance’s initiative to promote NFT-associated tokens, attracting heightened interest from both retail and institutional investors.
Binance Alpha to Host Doodles Token Launch
Binance will list Doodles (DOOD) on its Alpha platform and launch DOODUSDT perpetual futures contracts. The listing follows an announcement on Binance’s official channels, reiterating its commitment to new NFT-based initiatives.
Doodles Project Team, creators of the Doodles NFT collection, have partnered with Binance to distribute DOOD tokens. Binance announced this launch in a tweet, fostering a significant expansion of the Doodles ecosystem.
Doodles Airdrop Sparks Trading Volume Surge
The airdrop has the potential to influence trading volumes and volatility for NFT and related tokens on Binance. Such events usually spur temporary spikes in prices and market activity, particularly among new and emerging digital assets.
The addition of DOOD on Binance Alpha signifies a possible surge in demand, as historical data suggests market interest typically rises post-announcement. The prospect of future profits is drawing attention from various market participants.
Binance will list Doodles (DOOD) on Binance Alpha and launch DOODUSDT perpetual futures contracts on May 9, 2025, offering up to 50x leverage.” – Binance, Official Statement, Binance
Past Airdrops Like $APE Offer Insight on DOOD Impact
Similar token airdrops in the past, like $APE, have led to increases in trading volumes and floor prices. The DOOD airdrop may replicate these patterns, evidenced by prior market behavior during airdrop events.
Experts affirm that Binance’s initiative to list DOOD on its platform is likely to attract high levels of liquidity. These launches are expected to result in observable trading patterns, predominantly benefiting NFT-associated markets.
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