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Time Details
2025-05-02
13:56
Boop Team Locks 61% of Supply: $dooq Token Trading Update and Market Impact

According to KookCapitalLLC, the Boop team has locked 61% of the $dooq token supply for added market security, as reported on Twitter (source: https://twitter.com/KookCapitalLLC/status/1918303546560086345). This significant token lock is designed to boost investor confidence and reduce the risk of large-scale sell-offs, potentially minimizing volatility. Traders should note that this supply restriction could limit $dooq's circulating volume, possibly leading to price stabilization or upward pressure if demand increases. The move aligns with trending practices for new meme coins, making $dooq a notable project to watch for short-term trading opportunities.

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