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News05 August, 20263 min read

One of Doom's original designers backed a memecoin named after the game. Its market cap jumped more than 1,000%

A Solana token named after Doom rebounded from $600,000 to more than $8 million after one of the game's original designers backed it.

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A Doom-themed memecoin surged more than 1,000% after designer Sandy Petersen bought in, then surrendered most of the gain.

DOOM, an unofficial Solana memecoin named after the 1993 game, which launched via Pump.fun, rebounded from a reported market capitalization of about $600,000 to roughly $7.4 million on August 4, a gain of around 1,100%.

But the rally quickly reversed
By late Wednesday, its market capitalization had fallen to about $1.7 million, nearly 80% below the peak, while total trading volume since launch stood at roughly $5.2 million, according to data from DEX Screener.

The surge followed public support from Sandy Petersen, a level designer who worked at id Software, the studio behind Doom, and helped create levels for the original game and Doom II.

Petersen joined a live X discussion about the project that drew more than 1,300 listeners. He later thanked the token's community and said he planned to help it grow.

  • Petersen, who later founded tabletop publisher Petersen Games, created or adapted 20 levels for the original Doom and designed 17 levels for Doom II.
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