Binance announces the DOOD token airdrop and futures trading, boosting excitement in the meme coin and Doodles ecosystem - IcoHolder.

The buzz around Doodles (DOOD) has intensified as Binance officially announced the launch of the DOOD token airdrop, detailing eligibility rules that benefit holders of select meme coins. The exchange also revealed that DOOD futures trading will go live, marking a major step in supporting the token's rise in the crypto market.

Binance's announcement, made on May 9, comes at a time when the broader cryptocurrency market is experiencing a surge, with Bitcoin trading at $102,000, providing a fertile environment for new tokens like DOOD to gain momentum.

In its update, Binance disclosed the first round of the DOOD airdrop, targeting holders of specific meme coins. The eligible coins for this airdrop include Mubarak (MUBARAK), CZ’s Dog (BROCCOLI714), Baby DogeCoin (1MBABYDOGE), and Test (TST). A snapshot was taken on May 7 at 00:00 UTC, and Binance will distribute the tokens to the top 40,000 users with the highest combined holdings in their Spot wallets.

A second round of airdrops will reward KOMA token holders, with the top 10,000 wallets qualifying. However, KYC (Know Your Customer) verification is mandatory to claim this airdrop.

In addition to the airdrops, Binance is launching DOODUSDT perpetual contracts with up to 50x leverage, starting at 09:05 ET on May 9. This move provides traders with the opportunity to capitalize on DOOD's market momentum with greater flexibility.

The DOOD airdrop is not only about distributing free tokens but also highlights Binance’s growing interest in supporting emerging, experimental crypto projects. As part of this excitement, Doodles NFTs are also experiencing a notable increase in sales volume, further energizing the Doodles ecosystem as the token makes its debut.

For meme coin holders like those with BROCCOLI714 and KOMA, this airdrop presents an opportunity to delve into a new ecosystem and potentially reap substantial returns.