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Binance Alpha Doodles launch
Key Points:* Binance will list Doodles (DOOD) on May 9, 2025, offering trading options.
The integration of DOOD onto Binance Futures marks a significant shift towards broader market access. Enabling high leverage options with up to 50x leverage might appeal to a diverse range of traders.
Binance Pioneers Dual Listing of Doodles
Binance has positioned itself as the first major cryptocurrency exchange to list Doodles on both Alpha and Futures. Doodles, known for blending storytelling and art, is gaining traction with its digital IP brand strategy. This listing embodies a potential evolution from NFT collections to comprehensive entertainment ecosystems.
This event provides traders with expanded exposure to the DOOD token, especially through futures contracts. Offering up to 50x leverage could attract retail and institutional traders. Binance’s airdrop initiative also incentivizes participation by rewarding eligible users.
The listing has yet to elicit specific community responses or statements from industry leaders. However, Binance’s role as a pioneer in listing DOOD on its platforms signals confidence in the token’s growth potential.
Doodles (DOOD) Market Metrics and Future Prospects
Did you know? Doodles has evolved from a simple NFT collection to a broader entertainment ecosystem.
According to CoinMarketCap, Doodles (DOOD) is priced at $0.01 with a market cap of $63.73 million and a 24-hour trading volume of $118.29 million. DOOD’s 90-day price change shows a decline of 37.84%, reflecting current market volatility. It has 7.80 billion tokens in circulation against a max supply of 10 billion.
Changpeng Zhao, CEO, Binance, expressed, “We are thrilled to be the first major cryptocurrency platform to support the trading of Doodles (DOOD) on both Alpha and Futures markets, marking a significant milestone for our users and the Doodles community.”