Author of this article:BlockchainResearcher

The community cheered "Coins are about to be issued"! Doodles founder’s “mysterious post”

The community cheered "Coins are about to be issued"! Doodles founder’s “mysterious post”summary: The community cheered "Coins are about to be issued"! Doodles founder’s “mysteri...

The community cheered "Coins are about to be issued"! Doodles founder’s “mysterious post” triggers skyrocketing NFT prices

The community cheered "Coins are about to be issued"! Doodles founder’s “mysterious post”

The well-known NFT project Doodles seems to be brewing something big! Founder Burnt Toast (real name Scott Martin) made a cryptic post today (20th) on the social platform X, containing just a few lines:

Take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth.


These seemingly ordinary phrases quickly garnered immense attention. Community members were quick to "decode" the message, discovering that the first letters of each word spell out "Token is Coming". This has sparked speculation that Doodles might be planning to launch its own token.




Market Frenzy: Doodles’ Floor Price Surges

The post ignited a wave of excitement in the market. According to CoinGecko, Doodles’ floor price skyrocketed from 4.3 ETH to 7.7 ETH at the time of writing, marking an impressive 80% increase.

This surge has solidified Doodles’ position as the 6th largest NFT project by market capitalization, reaching approximately $220 million.

The community cheered "Coins are about to be issued"! Doodles founder’s “mysterious post”

Cross-Industry Collaborations Fuel Hype

The buzz around Doodles isn’t solely due to this cryptic post. A series of high-profile cross-industry collaborations has kept the project in the spotlight.

Last month, Doodles partnered with McDonald’s to launch the "GM Spread Joy" campaign, featuring Doodles’ artwork on over 100 million limited-edition McCafé holiday coffee cups across the U.S.

Additionally, Doodles has collaborated with brands like Adidas and Crocs, rolling out exclusive co-branded apparel, toys, and digital experiences, further cementing its influence in the market.

Emerging Trend in the NFT Market: Token Ecosystems

If the speculation about Doodles releasing a token proves true, it would mark another milestone in the rising trend of "token ecosystems" within the NFT market.

Earlier, the NFT project Pudgy Penguins introduced its native token, PENGU. While the token’s price initially soared following its airdrop, it later experienced a sharp correction of over 50%.