About the volatility and market outlook of the "#People " coin

Since the "People" coin was launched on the Ok Exchange on October 1, 2021, and successfully landed on Binance on December 1 of the same year, its price trend has been attracting much attention.

After the listing on Binance, the coin experienced a period of volatile decline, and the transactions in this stage were mainly taken over by Binance users from Ok users.

Although the "People" coin has not generated much attention and volume in the market since its launch, considering the practice of "playing new but not old" in the cryptocurrency circle, as well as the current hot trend of meme narratives, combined with the approaching US political election, we have reason to believe that the "People" coin may have unexpected performance in the future.

For investors or observers who are interested in the "People" coin, it is very important to have a deep understanding of the origin and narrative background behind it. This helps us better understand the market positioning and future development potential of the coin.

However, we must also note that the market performance of the "People" coin was not satisfactory for a period of time after its launch, with low trading volume, low popularity, and no real benefits to the exchange. In this case, the coin may face the risk of being delisted by the exchange.

But despite this, from the perspective of dealers and market makers, it is unlikely that they will invest in the bull market and then ignore it.

Therefore, we have reason to speculate that the "People" coin may have a wave of rising prices in the future.

Of course, as retail investors, we may not be able to get this inside information at the first time, but as long as we keep paying attention and wait patiently for the right time to enter the market, I believe we can also benefit from it.

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