Binance Alpha Lists Doodles (DOOD) for Trading – Coincu

Key Points:

  • Binance will list Doodles (DOOD) on May 9, 2025, offering trading options.
  • Price changes influence market sentiment swiftly.
  • Leverage and futures trading expand trading opportunities.

In a recent announcement, Binance confirmed the listing of Doodles (DOOD) on both its Alpha platform and Binance Futures from May 9, 2025. Additional details regarding the exact trading time will follow on the same day.

The integration of DOOD onto Binance Futures marks a significant shift towards broader market access. Enabling high leverage options with up to 50x leverage might appeal to a diverse range of traders.

Binance Pioneers Dual Listing of Doodles

Binance has positioned itself as the first major cryptocurrency exchange to list Doodles on both Alpha and Futures. Doodles, known for blending storytelling and art, is gaining traction with its digital IP brand strategy. This listing embodies a potential evolution from NFT collections to comprehensive entertainment ecosystems.

This event provides traders with expanded exposure to the DOOD token, especially through futures contracts. Offering up to 50x leverage could attract retail and institutional traders. Binance’s airdrop initiative also incentivizes participation by rewarding eligible users.

The listing has yet to elicit specific community responses or statements from industry leaders. However, Binance’s role as a pioneer in listing DOOD on its platforms signals confidence in the token’s growth potential.

Doodles (DOOD) Market Metrics and Future Prospects

Did you know? Doodles has evolved from a simple NFT collection to a broader entertainment ecosystem.

According to CoinMarketCap, Doodles (DOOD) is priced at $0.01 with a market cap of $63.73 million and a 24-hour trading volume of $118.29 million. DOOD’s 90-day price change shows a decline of 37.84%, reflecting current market volatility. It has 7.80 billion tokens in circulation against a max supply of 10 billion.

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Doodles(DOOD), daily chart, screenshot on CoinMarketCap at 05:50 UTC on May 10, 2025. Source: CoinMarketCap

Coincu’s research indicates that Binance’s listing of Doodles aligns with efforts to harness Web3 opportunities. This move could prompt further technological advancements in decentralized entertainment. The introduction to futures trading, accompanied by extensive leverage, provides new financial avenues in the crypto ecosystem.

Changpeng Zhao, CEO, Binance, expressed, “We are thrilled to be the first major cryptocurrency platform to support the trading of Doodles (DOOD) on both Alpha and Futures markets, marking a significant milestone for our users and the Doodles community.”

Source: https://coincu.com/336757-binance-alpha-doodles-launch/