
Doodles NFT Value Plummets After DOOD Token Launch
Doodles, an Ethereum-native NFT brand, launched its DOOD token on Solana with plans to bridge to Base, an Ethereum layer-2. Despite general excitement over the launch, it catalyzed a nearly 60% decline in Doodles NFT prices. Sales volume exploded almost immediately following release. The market capitalization of all DOOD tokens...