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Doodles Announce Memecoin on Solana: Here is Everything You Need to Know

by Sham
February 13, 2025
in Crypto, Finance, Memecoins, Opinion
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Doodles Announce Memecoin on Solana: Here is Everything You Need to Know
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  • Doodles is launching its Solana-based token, DOOD, with 30% of the 10B supply going to the community and plans to bridge it to Base Layer 2.
  • The move follows Pudgy Penguins’ token launch, signaling a trend of NFT brands expanding into tokenized ecosystems.
  • Doodles has evolved beyond NFTs, venturing into animation, music, and even a partnership with McDonald’s, while racking up $2.46M in trading volume last week.

The NFT brand Doodles is making a big leap into crypto, announcing plans to launch its own Solana-based token, DOOD.

JUST IN: Doodles confirm it’s $DOOD token will first launch on $SOL with a later bridge to @base 👀 pic.twitter.com/UfDncSAe27

— BlockNews (@blocknewsdotcom) February 13, 2025

With 10 billion total supply, Doodles laid out the token distribution in a social media post on Thursday:

  • 30% goes to the Doodles community
  • 25% set aside for the ecosystem fund
  • 17% allocated to the team
  • 13% for “new blood” (possibly new contributors or incentives)
  • 10% for liquidity
  • 5% reserved for the company itself

And here’s the kicker—DOOD won’t just stay on Solana. The team plans to eventually bridge it to Base, the Layer 2 network backed by Coinbase.

Following Pudgy Penguins’ Lead?

Doodles isn’t the first NFT brand to dive into tokenomics. Pudgy Penguins launched its own token, PENGU, in December 2024, with a total supply of 88.8 billion—also on Solana.

With major NFT projects rolling out tokens, it looks like the next phase of NFT evolution is all about tokenized ecosystems rather than just digital collectibles.

From NFTs to Music, Animation & Fast Food Collabs

Doodles started as a 10,000-piece NFT collection, but the brand has since expanded into animation, music, and even partnered with McDonald’s.

  • Just last week, Doodles racked up $2.46 million in trading volume (Feb. 2–Feb. 9), per The Block’s Data Dashboard.
  • Now, with DOOD on the way, the brand is doubling down on its crypto presence.

NFT projects are evolving—and Doodles is making sure it stays ahead of the curve.

Tags: cryptoDOODDoodlesSolana
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