The Doodles cryptocurrency (DOOD) experienced a sudden price drop shortly after its launch on major exchanges, including Binance Alpha and Futures. This surprising decline left many investors and users disappointed. While the token was listed on several platforms, it notably lacked a full listing on Binance’s main exchange. 40% of its value was lost within hours following the initial listing. According to CoinMarketCap, DOOD is currently trading at $0.008178 with a market cap of $63.79 million and a trading volume of $118.31 million. 2021 saw Doodles launch as a successful NFT collection, expanding into a full-fledged digital universe offering art, music, animation, and interactive experiences. So why is the price dropping? One significant question in the community is whether Binance’s listing had an impact on the price plunge. While DOOD was listed on other platforms like MEXC, KuCoin, Bybit, Bitget, and Binance Alpha and Futures on May 9th, users were disappointed that it wasn’t available for regular spot trading on Binance. This created a sense of disappointment, especially since many had hoped for the full listing on the main Binance exchange. Some analysts believe this lack of full listing played a key role in the price drop, with large-scale selling occurring shortly after launch. 20% of DOOD’s market was dumped as soon as it started trading, contributing to the rapid price decline. Is there any hope for a listing on Binance? A statement from Binance clarifies that Dood must go through the same strict listing process applied to all tokens before they are approved. While Binance has not confirmed if DOOD will ever be listed on its main platform, there is optimism that it might happen soon. However, this remains uncertain as no official confirmation exists at this time. What’s next for Doodles? Short-term chart analysis shows a token recovery with price around $0.00843, showing some positive signs after the crash. Analysts expect the price to bounce back with potential for gains to $0.010 in the coming days if buyers step in and push it higher. However, if selling pressure mounts and prices drop below $0.0075 support, we might see a fall back to $0.0068 or $0.0060. Reaching $1 is seen as unlikely due to the significant price jump needed for that milestone. The Doodles token has a long way to go before it reaches its full potential.