This year, the meme coin market has been highly sought after, and PEOPLE is one of the representatives. The PEOPLE token originated from ConstitutionDAO, a campaign that attempted to crowdfund the purchase of the first edition of the U.S. Constitution. Although the bid failed, PEOPLE, as a historic DAO movement token, still attracted widespread attention.
Compared with other meme coins, PEOPLE's market value is only $300 million, while SHIB's market value is as high as $15 billion and PEPE's market value is also $6 billion. This shows that PEOPLE has huge growth potential.
As the U.S. election approaches, Trump's support for cryptocurrencies has brought new attention to the market. As a token originating from the United States, PEOPLE's symbolic meaning is similar to the previous Doge, representing a spirit and guidance - the power of the people is immeasurable.
In addition, PEOPLE has a low market value, a thorough wash, and a high turnover rate. 53% of the chips are concentrated in Binance. Combined with Binance's recent actions, Binance intends to support currencies with low valuations, large foundations, and community support. As a meme coin, PEOPLE fully meets these requirements.
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