Doodles founder Burnt Toast has teased the possibility of a token launch for the NFT collection in a cryptic message on platform X. Speculation about the launch intensified when it was revealed that the first letters of each phrase in the message spell "token is coming." The buzz resulted in a surge in market activity, with Doodles' floor price increasing from 4.3 ETH to 6.5 ETH. Doodles has now become the sixth-largest NFT collection by market cap, valued at $220 million. This news follows Doodles' recent collaboration with McDonald's and partnerships with brands like Adidas and Crocs. The trend of NFT collections launching native tokens to expand their ecosystems is also reflected in this move by Doodles.



Other News from Today