Doodles, the Ethereum-based NFT collection, is on fire.
After the announcement of a $54 million funding round, Doodles’ sales volume spiked by over 1,000% in a matter of just a few hours earlier this week. Doodles’ record-breaking traction comes despite a slowdown in the NFT market.
According to data from DappRadar, the project’s volume was recorded to be $2.48 million, with an uptick of 1028.34% on a 24-hour scale mid-week.
Chayanika has been working as a financial journalist for three years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm. Contact:Linkedin
Sign-up FREE to receive our extended weekly market update and coin analysis report
