NFT Doodles Sales Increase 500% in Last 24 Hours, Following McDonalds Collaboration

Doodles, a popular non-fungible token project that previously announced plans to grow from a pure NFT startup to a leading media franchise, has seen its NFTs soar +500% in commercial sales volume. This resurgence came after fast food giant McDonalds separately announced its collaboration with an identified project. The teaser caught the attention of the general public.

• ᴗ • 18/11 pic.twitter.com/LDxlE9pnrx

– McDonald’s (@McDonalds) November 12, 2024

Doodles and McDonalds tease an NFT collaboration

Data compiled by CoinGecko.com, an on-chain non-fungible token explorer and crypto market aggregator renowned for tracking price data, volumes, market cap and crypto community growth, shows that the sales volume of Doodles has increased significantly. Over the last 24 hours, the Doodles NFT collection generated a sales volume of 766 ETH, up +565% from the previous day.

Launched in 2021, Doodles is an IP-based non-fungible token project built by former Dapper Labs team members. The Doodles team is renowned for incubating Doodles, a collection of non-fungible tokens that offers a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network. Doodles has become one of the leading blue chip NFT collections in the NFT market.

The floor price of Doodles started to pump shortly after Guillaume Huin, the Senior Marketing Manager at McDonalds, posted“Something a little different than usual is happening at McDonald’s. A new type of collaboration to explore new spaces. A little more niche than we usually do, but with a great fan base it will only grow when more people can see it. The post attracted considerable attention in the X community.

Later, the much-anticipated Doodles x McDonalds partnership was officially confirmed and has since attracted massive attention from top industry leaders like Azuki Zagabond founder Greg Solana, co-founder Yuga Labs and thousands of crypto and NFT communities on X. It’s worth it. noting that McDonalds is arguably one of the most popular global brands. Therefore, its partnership with Doodles is a huge win for the NFT market.

DOODLES X MCDONALDS PARTNERSHIP CONFIRMED 🚨 pic.twitter.com/ezSmCFvPvJ

– wale.moca 🐳 (@waleswoosh) November 12, 2024

Doodles NFT Ground Price Rises 33% in Last 24 Hours

Doodles grew significantly in almost every metric shortly after its collaboration with McDonalds went viral. Over the past 24 hours, the Doodles NFT collection saw its floor price value double to 2.71 ETH. During this period, the Doodles NFT Collection saw a commercial sales volume of 766 ETH, almost as much as the NFT sales of Pudgy Penguins and Bored Ape Yacht Club combined. The highly anticipated Doodles x McDonalds collaboration will be officially revealed on November 18, 2024.

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