The skyrocketing mode is coming! ! !
Is PEOPLE favored by whales and institutions, and has unlimited potential?
According to external news, whales have bought millions of dollars worth of PEOPLE, and a large number of institutions have entered the market to absorb funds.
PEOPLE is a deflationary token model. If all holders exchange it for ETH, the total amount of tokens will be 0.
Its value is bound to ETH. Every time the price drops, someone will exchange it for ETH, causing the price of a single PEOPLE to rise.
To participate in the Constitution DAO auction and decision-making, you need to buy PEOPLE tokens, which are the native tokens of DAO and give holders voting and decision-making rights.
But after the dissolution of Constitution DAO, PEOPLE became a MEME coin. The original community members established People DAO, and PEOPLE became its governance token.
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