Key Highlights:
- DOOD token to be listed on Upbit, South Korea’s largest crypto exchange.
- The listing announcement triggered a great surge in the price of the DOOD token.
- DOOD token bears a Binance Alpha tag, which indicates its experimental and high-potential status.
South Korea’s biggest cryptocurrency exchange Upbit, is back in the spotlight as it has revealed its plan to list Doodles (DOOD) with Korean won (KRW) and Tether (USDT) trading pairs, and is set to launch at 4:30 pm local time. The listing sparked an instant response from the market and soared more than 110% in intraday gains, as traders look to the “Upbit Effect”, a trend where tokens typically surge once added to this exchange.
Upbit Listing Spurs 114% DOOD Price Rally
Upbit’s decision to support DOOD, the token behind the Doodles NFT ecosystem, indicates the projects growing role in South Korea’s fast-moving, sentiment driven market. DOOD’s sharp rally is not unusual; tokens listed on Upbit often see strong momentum, and this surge is the latest proof of that trend.
At the time of publication, the price of the token stands at $0.01488 with a surge of 114.14% in the last 24 hours as per CoinMarketCap.
About DOOD
Dood is an official utility and governance token of the Doodles ecosystem, which began as a hit Ethereum NFT collection of 10,000 colourful avatars by Canadian artist Burnt Toast and ex-CryptoKitties members. The project was launched on May 9, 2025 and this move of listing on well-known exchange marks a project’s shift into a larger Web3 entertainment platform that is driven by its community.
The project is built on Solana ecosystem as an SPL token. The total supply of the DOOD token is 10 billion, and from these 10 billion tokens, 7.8 billion are in circulation. From this 7.8 billion, 68% have been assigned for community incentives, airdrops, and creator rewards, 13% is allocated for user growth under the “New Blood” program, and 19% is set aside for the team and investors with lock ups. The token also carries Binance’s Alpha tag, which indicates its experimental and high-potential status.
The most important part of Doodles’ plan is DreamOS, a decentralized platform that is bringing in AI storytelling, gaming, avatars, and content creation. DOOD runs this system by letting holders vote, earn rewards, unlock items and premium content, and use it as the main currency across the Doodles world.
Doodle has partnered with top brands and artists, using DOOD tokens for exclusive NFT drops, campaigns and metaverse experience. Some of the well-known collaborations include Kellogg’s Froot Loops, McDonald’s, Pharrell Williams with Adidas and other names such as Crocs, BBC Ice Cream, showing Doodle’s wide appeal and influence across Web3, fashion, music, and consumer brands.
The Upbit Effect: Past Tokens That Skyrocketed
Just like DOOD, there are other tokens that have also experienced a price increase after being listed on Upbit. Some of the well-known examples include the PENGU, TOSHI and FLUID. After being listed on Upbit, PENGU saw its price increase by 23% and a 100% increase in its 24-hours trading volume. The TOSHI token managed to surge 40% as soon as it was listed on Upbit. The listing provided the token with a huge visibility and accessibility, contributing to its market momentum. FLUID experienced a 40% surge within 24 hours of its Upbit listing and reached a daily high at $558 million market cap.
With this announcement, the exchange’s ability to trigger a short-term price surge for tokens has been highlighted. Since DOOD is being listed on Upbit with KRW and USDT pairs, DOOD experienced a rapid price increase of over 114%, demonstrating the powerful market enthusiasm typical of an Upbit listing.
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