Deep Dive
Overview: Doodles launched a Kaito AI leaderboard on 4 September 2025, granting NFT holders contribution multipliers for social engagement. This ties $DOOD utility to community-driven content creation and rewards.
What this means: Increased on-chain activity and holder retention could stabilize demand. Similar gamification strategies in projects like Pudgy Penguins correlated with 370% NFT sales spikes in July 2025. Sustained engagement may attract new buyers, but success depends on user adoption metrics.
2. Exchange Liquidity Shifts (Bearish Impact)
Overview: KuCoin delisted $DOOD from its Earn program on 26 August 2025, affecting ~24% of its 30-day trading volume. While Binance and OKX still support spot trading, reduced accessibility risks lower retail participation.
What this means: Thin liquidity amplifies price swings – the token’s 0.16 turnover ratio already signals sensitivity to large trades. Further delistings could exacerbate volatility, though derivatives markets (e.g., BitMEX’s $34K open interest) provide some hedging avenues.
3. NFT Sector Sentiment (Mixed Impact)
Overview: Doodles NFT sales surged 236% MoM in May 2025 post-airdrop but remain 90% below 2024 peaks. The broader NFT market rebounded to $575M monthly volume in July, though dominance shifted toward gaming and utility-driven collections.
What this means: A rising NFT tide lifts all boats, but $DOOD’s 365-day -90.88% return reflects persistent skepticism about legacy PFP projects. Success hinges on transcending “digital art” use cases via DreamNet’s AI storytelling tools, which face unproven demand.
Conclusion
Doodles’ price faces conflicting pressures: bullish catalysts from its Kaito integration and AI roadmap clash with liquidity risks and NFT market fragility. Short-term traders should monitor daily NFT sales volumes and exchange order books (notably the 177M DOOD sell wall at $0.0034).
Can DreamNet’s summer 2025 launch convert speculative interest into sustained ecosystem activity?