Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Markets 2025-11-24 15:22

Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Why Is Doodles Price Dropping: No Full Binance Listing the Reason?

The Doodles token (DOOD) launch made a lot of noise when it got listed on some major crypto platforms like Binance Alpha and Futures on May 9, 2025. But instead of rising, the coin quickly fell, dropping around 40% just after its launch. This surprised and disappointed many users and investors in the crypto community.

At the time of listing, the coin was priced at about $0.01057, but within hours, it crashed hard. According to CoinMarketCap, it is now trading at $0.008178 with a market cap of $63.79 million and a trading volume of $118.31 million.

Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Source: CoinMarketCap

The project behind this token is quite popular. Doodles started back in 2021 as a top NFT collection and has now grown into a full digital universe with art, music, animation, and interactive experiences.

Why is Doodles Price Dropping?

One of the biggest questions in the community is: Did Binance play a role in this price crash?

  • While DOOD was listed on popular platforms like MEXC, KuCoin, Bybit, Bitget and Binance Alpha and Futures on May 9, many users were upset that it did not get listed on Binance’s main exchange.

Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Source: X

  • Binance Alpha is a feature that supports new digital tokens but does not mean the coin will be available for regular spot trading.

  • Even though it was available in Alpha and Futures trading, many users hoped to see a full listing on the main Binance exchange, and that didn’t happen.

Due to this, most individuals in the crypto community were let down. There are a few analysts who feel that not being completely listed on the exchange was a very crucial reason why the price fell so drastically immediately after it was introduced.

But there is not the only reason for that. Plenty of selling pressure was there, too. Once the coin started trading, loads of original sellers and air droppers attempted selling out and going for a profit. It was a large tsunami of selling and prices plummeting quickly.

Will Binance Ever List DOOD Anytime Soon?

There’s been a lot of talk about whether it will finally get a spot on the main platform. According to an official statement, DOOD must go through the same strict review process that the exchange uses for all tokens.

Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Source: Binance

Here’s what the platform said:

  • Supporting an airdrop or trading in Alpha/Futures does not guarantee a full Binance listing.

  • Every coin, including DOOD, must meet the exchange’s internal listing rules before getting approved.

Right now, there is no official confirmation about a full listing for DOOD. But since the token is already trading on Alpha and Futures, many in the community believe that a full listing could happen soon. Still, it's all just hope for now—nothing is certain.

DOOD Token Price Prediction: What’s Next?

Looking at the short-term chart (DOOD/USDT), the token is trying to recover. It’s currently trading around $0.00843, showing some positive signs after the crash.

Why Is Doodles Price Dropping: Will $DOOD Binance Listing Help?

Source: TradingView

  • Bullish outlook: If buyers step in and push the price above $0.0090, the token might test $0.010 again soon. If hype builds up, the price could even touch between $0.012 and $0.015 in the coming days.

  • Bearish outlook: If the token drops below $0.0075 support, it might fall back to around $0.0068 or $0.0060.

As for reaching the $1 milestone? That’s a long shot right now. To hit $1, the token would need to surge by nearly 12,000%, which is unlikely unless something massive happens, like a meme frenzy or a full Binance listing.

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This content is for informational purposes only and does not constitute investment advice.

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