Binance Alpha and Upbit Listings Drive Major Gains for DOOD and PALU

Exchange Listings Ignite DOOD and PALU Rally

Doodles’ DOOD token and Palu (PALU) surged on Tuesday as fresh exchange listings funneled liquidity and attention their way. Binance announced DOOD’s debut on Binance Alpha, alongside the launch of a DOODUSDT perpetual futures contract. At the same time, Upbit added DOOD spot pairs, triggering a wave of retail trading and sharp price volatility.

PALU also climbed after gaining exposure within Binance’s Alpha ecosystem and securing new centralized-exchange listings, which attracted momentum-driven traders.

Binance Alpha and Upbit Spur Intense Trading

According to Binance, DOOD trading began on Alpha at 13:00 UTC on May 9, followed by the rollout of 50x leveraged DOODUSDT futures at 13:30 UTC. The exchange also introduced an airdrop for users meeting certain Alpha Points thresholds, an engagement metric that has become central to early token liquidity on the platform.

Meanwhile, Upbit’s decision to list DOOD with KRW and USDT pairs drew significant participation from Korean retail investors. The combination of Binance and Upbit listings sent DOOD’s trading volume and global price metrics soaring as new traders joined in.

PALU Benefits from Binance Alpha Buzz

PALU’s rally stemmed from traders rotating into smaller Alpha-themed tokens linked to Binance’s discovery ecosystem. Although PALU has yet to appear on Binance’s spot market, its association with the Alpha program boosted its visibility. Additionally, listings on BitMart and BingX on October 7 expanded access to PALU, fueling speculative momentum.

Price trackers showed PALU posting large percentage gains over the past 24 hours and week—typical behavior for low-cap tokens entering new exchanges with limited liquidity.

Exchange Sequencing Shapes Market Volatility

The order of these listings played a key role. Binance Alpha, initially launched as a pre-listing platform and now integrated into Binance’s main interface, serves as a testing ground where airdrops and eligibility requirements help bootstrap early liquidity. Upbit’s addition of KRW pairs, often a gateway for South Korean retail traders, further amplified the rally.

Together, these events compressed price discovery into short windows, sparking heightened volatility on both upside surges and retracements.

Sustaining this momentum will depend on how each project evolves. For DOOD, deeper integration within the Doodles ecosystem and continued derivatives activity will be critical. PALU’s future will hinge on whether Alpha-driven exposure converts into broader exchange listings and lasting community engagement.

Traders should expect continued two-way volatility as early participants take profits and new entrants price in token supply and airdrop dynamics.