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The 2021-era ethereum NFT collection doodles, which have long been considered a “Blue Chip” collection, launched its anticipated dood token on Solana last Friday.
Dood launched, briefly there was a market cap of over $ 100 million, and then suddenly fell to a market cap of about 52 million dollars. The token has since been held around that point, and sits on one $ 54 million About market cap 159,000 wallets As soon as this morning.
Doodles Head of Strategy and Business Development Austin Harvitz told me in a message that a sudden decline of the price was “expected” after the launch because the aircraft that happened was the “sale pressure on day 1”.
“We hope that those tokens expect to walk in the hands of those who want to hold for a long time. Will not judge the performance of the tokens based on the launch. Every NFT launch given to the community in TGE has faced similar obstacles, but we will work again to rewrite our community. Now we can continue construction for the future.”
Here’s the matter: Doodles team does not want you to see Dude as just a Memcoin. Nevertheless, Harvitz said that the token is “memoric”.
In a post, that Explained That dood is “The First Universe Token” DreamnetDreamnet is a material-centered protocol from doodles that uses the base chain of the coinbase. The doodles team plans to make Dude usable in “collective, gaming, deafi and beyond”.
Tokens are expected to become a usable currency in doodles shop A few days,
The broad brand vision of doodles seems to be a lot like the pudy penguin these days, perhaps its most obvious comparison. Penguin also aims to become a character brand of cutesy avatars and mainstream (and has achieved some traction Social media Post and Walmart Toys,
Doodles, such as Pudi Penguins, planning materials, wanted to strengthen “shorts, brand colab and mercury drops,” but also “also” decentralized storytelling movement “.
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