NFT

Doodles Token Hits Record High After Korean Debut

Published

2 hours ago

October 8, 2025

DOOD, the native token of the Doodles NFT assortment, hit a brand new all-time excessive on Tuesday, October 7, after South Korean crypto change Upbit introduced it will listing the token.

In an X-post on October 7, Upbit stated that DOOD can be accessible for buying and selling together with Korean received (KRW) and Tether’s USDT.

DEATH chart

Shortly after the announcement, DOOD rose over 110% to a brand new all-time excessive of $0.01753; Nonetheless, in keeping with CoinGecko, the token rapidly bounced again, down 36% on the time of writing.

The itemizing pushed Upbit to the highest spot for DOOD buying and selling, accounting for greater than 66% of world quantity with round $190 million traded within the DOOD/KRW pair that day, surpassing Bybit and Gate’s USDT-based DOOD volumes, CoinGecko reveals.

NFT metrics for the gathering additionally rose on information of the listings. Knowledge from NFTPriceFloor reveals that Doodles’ buying and selling quantity elevated by 218% that day, whereas gross sales elevated by greater than 190%.

Doodles launched the DOOD token in Could as a part of an effort to develop its ecosystem past NFTs and introduce broader group participation. Based on the mission’s tokenomics, 30% of the providing was dropped to present Doodles holders, whereas 13% was reserved for ‘New Blood’, a program designed to draw new customers.

One other 25% went to the Ecosystem Fund to fund collaborations and growth throughout the Doodles universe. The staff acquired 17% and Doodles Inc. retained 5%, each topic to a one-year lock-up and a three-year vesting interval. The remaining 10% was allotted to liquidity provision.

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In mid-September, The Defiant reported that Naver, South Korea’s largest web firm, is in superior talks to amass Dunamu Inc., operator of Upbit, by means of a inventory swap deal. The transfer would carry Dunamu below Naver’s monetary companies division.

Naver is South Korea’s largest web platform, with greater than 30 million customers of its cell cost service Naver Pay and annual income of greater than 11 trillion received (about $8 billion).