The Dood token in free fall despite an intense hype before its launch

Sometimes a well -scored plan embraces success; Sometimes it collapses in a silent crash. This is the fate that Doodles, Crypto Project Adulated, experienced, whose promoters had imagined taking place a red carpet with the launch of the Token Dood. But in the jungle of cryptocurrencies, each flight can turn into free fall. And the launch of the Token on Solana was a brutal illustration.

Doodles: the promise of a failed community turn

On May 9, Doodles launched $ Dood, his community tokenvia a highly anticipated Ardrop. The objective? Distribute 10 billion tokens on Solanawith 68 % intended for the community. On X, Doodles declared:

The creative revolution is there … we build a movement that will cross the ages.

The announcement had aroused the enthusiasm of the crypto community. May 8, Lhe sales of NFT Doodles leaping 97 %exceeding $ 1.1 million. Cryptoslam then placed the collection in the world.

But the next day, The euphoria turned to disenchantment. According to Dex Screener, Dood capitalization has increased from more than 100 million to around 60 million dollars. In parallel, the NFT Doodles fell by 3.5 ETH to less than 1.5 ETH.

“” Clearly disappointing “Summaged @Lokithebird on X. This brutal reaction recalled the fate of PEGGUE DE PUDGY PENGUINS, who had dropped by 50 % Le day of its own launch.

Airdrop, massive sales and confused communication

The reasons for this setback are multiple. First of all, Significant selling pressuretypical of Airdrops, where holders seek to take. Djaniwhaleskul, crypto analyst, writes:

If you bought a doodles only to speculate on DOOD, you are probably disappointed.

Then, a strategy perceived as vague. Despite long -term ambitions – gamification, governance, artistic incentives – the project did not specify any cases of immediate use.

Certainly, the team wants Integrate DOOD on based, an Ethereum L2 blockchainand exploit the Doodles universe. But at the time of launch, many users only sawA simple same, without concrete function.

THE Launch on Solana Also created confusion: the basis of holders, rather Ethereum, had to open compatible wallets to participate. In summary, Doodles suffered from the combination of an aggressive timinga shared audience, and very high expectations.

But support remain faithful. Djani concludes:

The projects that rely on culture and the community are those that last.

A brutal crash, eloquent figures

The market responded dryly, but the data remains revealing of the force – and the faults – of this launch.

• Initial capitalization of $ DOOD: more than $ 100 million;
• Fall the same day: almost 40 %, at around 60 million;
• Value of NFT Doodles: from 3.5 ETH to 1.5 ETH, or -60 %;
• NFT sales in 24 hours before the Airdrop: +97 %, with $ 1.1 million;
• Total weekly volume: 2.6 million, +368 % compared to the previous week.

Joel Agbo, contributor to Coingeckorecalls that these tokens ” often start as the same, but target the utility in the long term ». It was also the bet of Pudgy Penguins, which Le Pengué fell quickly … before climbing 2.8 billion capitalization. Doodles could follow this model, provided they rebuild confidence. His history of collaborations (McDonald's, Pharrell Williams, Adidas) proves his brand power.

And the support of Binance, which listed $ dood, shows that the project retains credibility with major crypto players. In short, the fall was brutal, but the rebound margin remains real.

The Doodles project joins the list of those whose launch of Token first disappointed. The same official Trump also plunged after a canon start in the top 10. However, his supporters persevered, and the assets ended up winning. Nothing is played for $ dood: the next chapter will depend on commitment and vision.