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Doodles (DOOD) Skyrockets Over 120% Following Upbit Listing News

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The cryptocurrency $DOOD, tied to the Doodles NFT project, skyrocketed over 120% in just 24 hours following a major listing announcement. South Korea’s largest exchange, Upbit, confirmed its support for trading the $DOOD token, sparking intense buying activity and record trading volumes. 

The token reached a record high of $0.018, driven by excitement from South Korean retail investors. The Doodles community and its media plans also contributed to this rise, highlighting the importance of exchange listings for new tokens.

$DOOD Soars on Upbit Listing

On October 7, 2025, Upbit announced that it would add the token $DOOD to its KRW and USDT markets. The news caused a significant price increase. The token, which was trading at about $0.0066, soared to a high of $0.018 before settling around $0.0154. 

Trading volume jumped to between $91 million and $104 million, a 507% increase from the day before. As deposits started earlier ahead of trading, the market drew in a lot of money. The boost raised $DOOD’s market cap to about $120 million. 

Doodles began in 2021 as a colorful NFT collection and has since developed into a strong ecosystem with the $DOOD token. There are 10 billion of these tokens available, which support projects like DreamNet. DreamNet empowers users to personalize their avatars, participate in governance, and enjoy immersive experiences. 

Early Investors Cash Out 

Doodles’ market position has previously reacted to actions relating to it. For example, late last month, its DOOD token price surged 44% to a trading price of $0.00563, hours after Binance.US, the United States arm of the leading Binance exchange, changed its PFP on X to feature the NFT collection’s flagship art.  

Meanwhile, Onchain Lens reported how a savvy trader capitalized on the timely price surge to reap a substantial profit. According to the report, the whale sold 143.35 million $DOOD tokens for $2.27 million, securing a $1.7 million profit. The tokens, purchased 14 days ago for $570,000, were sold amid a 125% price surge. 

Some major investors are adjusting their positions in $DOOD, with some selling and others buying more. The overall market sentiment is mixed, and analysts warn that there may be more fluctuations if large investors continue to sell or if Bitcoin’s price drops.

The post Doodles (DOOD) Skyrockets Over 120% Following Upbit Listing News appeared first on CoinTab News.

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