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ćHow can election news not increase the popularity of People Coin?ć
PEOPLE Coin is the token given by ConstitutionalDAO to its contributors. ConstitutionDAO's goal is to buy a rare copy of the US Constitution at a Sotheby's auction. Trump has expressed his support for cryptocurrencies on some occasions. For example, on May 13, 2024, Trump invited some of his NFT holders to a dinner. In a video of the meeting that went viral in the crypto circle, Trump said that he accepted the development of cryptocurrencies and said that Biden and the Democratic Party have always taken an attitude against cryptocurrencies. Trump's pro-crypto move has brought "emotional value" to the community, and his team even used support for cryptocurrencies as one of their campaign strategies, that is, "If you support cryptocurrencies, you'd better vote for Trump."
In this context, some cryptocurrencies related to Trump have received attention. Since the topic of the US election has gradually heated up, the popularity of PEOPLE coins has also increased. Partly due to its political background and Trump's attitude towards cryptocurrencies, it has become a focus in the market.
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