NFT-Ecosystem Token Built on Solana (SOL) Falters After Gaining Surprise Support From Binance Futures

A non-fungible token (NFT) marketplace built over the smart contract platform Solana (SOL) is seeing red after abruptly gaining support from the world’s largest crypto exchange by volume.

In a new announcement, Binance says it’s adding the NFT ecosystem Doodles (DOOD) to Binance Alpha, a platform within the Binance wallet that showcases early-stage digital assets and offers futures contracts for them.

“Binance is excited to announce that Doodles (DOOD) will open for trading on Binance Alpha at 2025-05-09 13:00 (UTC). In addition, Binance Futures will launch DOODUSDT Perpetual Contract with up to 50x leverage at 2025-05-09 13:30 (UTC).”

Despite the news, DOOD fell through the floor, as the digital asset went from a price tag of $0.00807 on the morning of May 9th to a low of $0.00686, a 12.8% decrease during the last 24 hours.

Doodles is a collection of 10,000 unique NFTs that launched in 2021, created by the pseudonymous Canadian artist Burnt Toast. According to its website, it has since expanded into live storytelling and gaming as well.

“Within the Stoodio, Doodles’ proprietary fandom hub, users can create and customize their own Doodles avatars, collect digital items from online and real life experiences, connect with a global community, and unlock award-winning content based on their engagement.”

Last year, Doodles – in collaboration with artists Lil Wayne, Lil Yachty and Pharrell Williams – released a music video in the art style of the brand.

Follow us on X, Facebook and Telegram



Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox



Check Price Action



Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/viagraphix.net/Sensvector

The post NFT-Ecosystem Token Built on Solana (SOL) Falters After Gaining Surprise Support From Binance Futures appeared first on The Daily Hodl.