ConstitutionDAO’s $PEOPLE token has performed well recently and attracted widespread attention. #PEOPLE tokens originate from ConstitutionDAO, a decentralized autonomous organization established to purchase rare copies of the United States Constitution. Although the organization failed to successfully bid, its tokens continue to be active in the market.

In 2024, the price of the $PEOPLE token has increased significantly, rising by more than 360% in the past month and currently priced at $0.12. Its market value has also reached approximately US$594 million. This growth is attributed to continued investor interest in the #PEOPLE token, with some holders choosing to continue holding the token or purchasing it on the secondary market for future opportunities to acquire the new token WTP (We The People).

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Although ConstitutionDAO has announced its dissolution, many community members still have hope for its future development. The new WTP token will serve as a replacement for $PEOPLE and continue to promote community governance and other related projects. This continued market enthusiasm shows that although ConstitutionDAO failed to achieve its original intention, the #PEOPLE token and its derivative projects still have great potential and appeal. #PEOPLE