Doodles – some of the iconic PFP NFT collections since 2021, is getting into a brand new section of growth with the launch of its native token, $DOOD.

This text will take a deep dive into the cultural, group, investor, and market elements to offer a price forecast for $DOOD on the time of TGE.

Neighborhood and Cultural Momentum Behind Doodles

Doodles is a vibrant PFP NFT assortment launched in 2021, that includes 10,000 hand-drawn avatars in a colourful cartoon type. In 2022, Doodles grabbed consideration by naming ex-Billboard President Julian Holguin as CEO and Pharrell Williams as Chief Model Officer.

In early 2023, Doodles expanded additional by buying Golden Wolf, an Emmy-nominated animation studio, to bolster its content material manufacturing capabilities. Doodles made waves with McDonald’s, placing its artwork on over 100 million McCafé cups throughout U.S. shops by late 2024.

Learn extra: Examine your Doodles (DOOD) Airdrop!

Supply: Doodles

These daring strikes pushed Doodles past crypto, reaching mainstream audiences and cementing its position as a cultural model.

In September 2022, the corporate behind Doodles efficiently raised $54 million at a $704 million valuation. This robust monetary backing enabled Doodles to give attention to long-term product growth, moderately than relying solely on NFT gross sales.

The venture’s cultural narrative and community-first strategy are key to its enduring worth. Early on, Doodles launched DoodleBank, a treasury DAO that empowers NFT holders to vote on venture funding and course.

Doodles can also be recognized for its immersive offline experiences. At SXSW 2022, Doodles constructed a vibrant set up that wowed even non-crypto guests, exhibiting its enchantment past Web3. These physical-digital hybrids create highly effective emotional bonds, turning followers into natural cultural ambassadors.

The crew helps group creativity via the Inkubator, funding member-led occasions and Doodles-inspired enterprise concepts. Success tales embrace “Rolling Doods” in Hong Kong and the Toastie Co scented candle model.

Dozens of sub-communities have shaped on Discord and X, like China’s Doodbro Alpha, Korea’s Koodles, and Southeast Asian teams.

Doodles NFTs have maintained robust demand on account of their distinctive aesthetic and evolving utility. 

Holders acquired early entry to Doodles 2 on Move, a platform for customizing avatars, swapping traits, and incomes or shopping for wearables. This new dimension added life and longevity to the unique NFTs, encouraging higher engagement and long-term worth accrual.

Doodles NFTs act as entry factors to the Dreamverse, a story-driven world constructed on DreamOS and DreamNet, mixing music, vogue, and group. As Doodles grows into animation, music, and gaming, its unique NFTs will seemingly anchor licensing and character growth.

Doodles blends robust visuals, real-world attain, and platform progress to maintain its NFTs culturally related long run.

Doodles Tokenomics

Token Allocation

The full provide of DOOD is 10 billion tokens. Right here is the allocation breakdown of DOOD:

• Doodles Neighborhood: 30%
• Ecosystem Fund: 25%
• Workforce: 17%
• New Blood: 13%
• Liquidity: 10%
• Firm: 5%

Supply: Doodles

Though the official complete provide of $DOOD has but to be confirmed, it’s seemingly that each the Doodles Neighborhood and New Blood allocations might be 100% unlocked at TGE, representing 43% of the full provide. This might end in early promote stress, much like what was noticed with $PENGU or $ANIME, the place giant group and short-term holder unlocks led to quick downward price motion.

At present, the pre-market price on MEXC is round $0.025. Notably, Binance has grow to be the primary main trade to announce Futures itemizing for DOOD. It appears to be inevitable that over 90% of Binance Futures listings are adopted by Spot listings. 

With this in thoughts, and given the comparatively low pre-market valuation, a Spot itemizing price of round $0.08 could be a wholesome and practical preliminary goal, reflecting each the venture’s cultural energy and speculative demand.

Market Comparability

Dealing with its token launch milestone, Doodles just isn’t the primary main PFP NFT venture to take this step. Comparable case research, notably Pudgy Penguins PENGU and Azuki ANIME provide helpful context and precedent.

$DOOD Moonsheet

DOOD vs PENGU

As soon as thought-about a failed cute-PFP assortment, Pudgy Penguins made a outstanding comeback beneath the management of CEO Luca Netz, pivoting towards group engagement and mainstream cultural relevance.

In December 2024, the venture launched its native token PENGU on the Solana community, which rapidly gained traction, debuting with a completely diluted valuation (FDV) of roughly $1.7 billion.

About 23.5% of the full provide (roughly 20.9 billion PENGU) was distributed through free airdrops to NFT holders, a method that efficiently broadened consumer participation. 

The token launch additionally brought about Pudgy Penguins’ flooring price to spike, reaching 34 ETH (round $136,000), making it the second-most invaluable NFT assortment behind CryptoPunks.

As of now, a couple of months post-launch, PENGU has maintained a market cap round $1 billion, inserting it among the many high 120 cryptocurrencies by market measurement.

Supply: CoinGecko

Comparatively, Doodles shares key strategic parallels, each initiatives purpose to faucet into mainstream tradition via accessible, brand-driven merchandise. Whereas Pudgy focuses on bodily toys, Doodles is increasing into music, vogue, and lately launched its AI storytelling platform DreamNet.

As Doodles prepares to airdrop DOOD to group members – mirroring PENGU’s mannequin, it could replicate the community impact the place token progress drives NFT worth, and rising NFT demand boosts the token in return.

If priced consistent with PENGU’s launch valuation, DOOD might debut between $0.07 and $0.10 per token (assuming a ten billion token provide), implying an FDV of $700 million to $1 billion. Precise market cap will depend upon the preliminary circulating provide, which can seemingly fall throughout the 20–30% vary.

DOOD vs ANIME

Azuki stands out as a high Japanese anime-style PFP venture, with a loyal group and a novel visible type. After over two years focusing solely on NFTs (together with the flagship Azuki assortment and its companion sequence BEANZ), the venture entered the token house in early 2025.

On January 23, 2025, Azuki launched Animecoin (ANIME) on Ethereum and Arbitrum, with a complete provide of 10 billion tokens. The token debuted at round $0.08, translating to a completely diluted valuation (FDV) of roughly $800 million.

Supply: Azuki

Azuki allotted 50.5% of the full provide to the broader Web3 group, with 37.5% airdropped on to Azuki NFT holders, emphasizing a community-first distribution mannequin.

The venture additionally launched the Animecoin Basis to construct Animechain, letting followers co-create content material and turning them into energetic storytellers in “Anime 2.0.”

Azuki reveals Doodles isn’t alone – high NFT initiatives now launch tokens and Web3 platforms to construct cultural actions, not simply entice speculators.

Like ANIME, DOOD has 10B tokens, allocates 30% to holders, and makes use of DreamNet to reward AI-generated content material.

Utilizing ANIME’s $800M FDV as a benchmark, DOOD’s truthful beginning price could be round $0.08.

With a $67.6M NFT cap – larger than Azuki’s $49.2M, Doodles might see DOOD hit $0.10–$0.12, implying a $1B–$1.2B FDV.

DOOD Worth Prediction

If DOOD follows the trajectory of PENGU from Pudgy Penguins, its FDV might rapidly surpass $1 billion upon itemizing. At $0.10 per token, FDV hits $1B; if DOOD climbs to $0.20, FDV might double to $2B. The added buying and selling assist and up to 50x leverage on Binance Futures is prone to entice vital short-term speculative capital.

With the NFT market nonetheless quiet, DOOD might spike at launch however seemingly corrects and settles at decrease ranges. Historical past affords a cautionary story: PENGU dropped almost 82% from its peak shortly after launch, as early profit-taking kicked in. If DOOD experiences related conduct, the price might retreat to the $0.05–$0.10 vary post-TGE.

DOOD might begin robust, however its true take a look at lies within the days and weeks after TGE. PENGU and ANIME each launched with hype, then dropped sharply as early holders began promoting.

• PENGU, which launched in December 2024, plunged by almost 82% from its peak inside only a few weeks.
• ANIME dropped over 70% from its excessive, regardless of Azuki’s assist, on account of unlocks and low early utility.

Chart analysis reveals each tokens spiked in 12–48 hours, then sharply retraced and saved falling. In lots of circumstances, costs dropped 70–90% from their peak in right this moment’s risk-off NFT market.

Conclusion

In abstract, $DOOD might launch round $0.07–$0.10, placing its FDV between a number of hundred million and up to $1–2 billion.

This estimate relies on presently out there knowledge and comparable market precedents. Nonetheless, DOOD’s price might swing extensively, relying on market sentiment and general crypto situations at launch.

Extra importantly, $DOOD’s long-term worth hinges on Doodles launching DreamNet and rising its cultural attain in Web3 and past.

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