NFT marketplace platforms such as OpenSea or Rarible

Doodles and McDonald's Announce NFT Collaboration, Doodles NFTs Surge 70%

Nov 12, 2024, 04:54 PM

Doodles, a three-year-old Web3 and NFT company, has announced a collaboration with McDonald's, one of the world's most recognizable global brands, scheduled to launch on November 18. The partnership was officially announced from McDonald's own account. Following the announcement, trading activity for Doodles NFTs surged dramatically, with volume up over 2000%, and the floor price rising nearly 70% to almost 2 ETH. Over 100 Doodles were purchased within an hour, totaling approximately 220 ETH ($720,000). The collaboration is seen as a significant milestone for the NFT and Web3 space, potentially signaling wider mass adoption.