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Doodles, a popular non-fungible token project that previously announced its intention to transition from a pure-play NFT startup to a leading media franchise, has seen NFT trading volume surge by more than 500%. The revival comes after fast food giant McDonald’s separately announced a collaboration with the confirmed project. The teaser received mainstream attention.
• ᴗ • 11/18 pic.twitter.com/LDxlE9pnrx
— McDonalds (@McDonalds) November 12, 2024
Doodles and McDonalds announce NFT collaboration.
According to data collected by CoinGecko.com, an on-chain non-fungible token explorer and cryptocurrency market aggregator known for tracking data on cryptocurrency prices, trading volume, market cap, and community growth, Doodles has seen a significant surge in trading sales. In the last 24 hours, the transaction volume of the Doodles NFT collection was 766 ETH, a 565% increase from the previous day.
Launched in 2021, Doodles is an IP-based non-fungible token project built by former Dapper Labs team members. The Doodles team is known for incubating Doodles, a collection of non-fungible tokens featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network. Doodles has grown to become the premier blue-chip NFT collection in the NFT market.
Doodles lowest price is I got pumped right after Guillaume Huin. McDonald’s appointed senior marketing director“Something a little different than usual is coming to McDonald’s. A new kind of collaboration that explores new spaces. It’s a little more niche than what we usually do, but we have a great fan base. It will only grow when more people see it.” This post received a lot of attention in the X community.
Later, the much-anticipated Doodles McDonald’s is arguably one of the most popular global brands. Therefore, our partnership with Doodles is a huge win for the NFT market.
Doodles pic.twitter.com/ezSmCFvPvJ
— wale.moca 🐳 (@waleswoosh) November 12, 2024
Doodles NFT lowest price has risen 33% in the last 24 hours.
Doodles rose significantly on almost every metric immediately after its collaboration with McDonalds went viral. In the last 24 hours, the floor price of the Doodles NFT collection has doubled to 2.71 ETH. During this period, the Doodles NFT collection recorded transaction sales of 766 ETH, which is almost equal to the sales of the Pudgy Penguins and Bored Ape Yacht Club NFTs combined. The highly anticipated Doodles x McDonalds collaboration will officially be released on November 18, 2024.
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