ConstitutionDAO(PEOPLE): The OG Meme Coin of Political Upsets?

With the US elections heating up and meme coins popping like popcorn, there’s one project with a historical pedigree that stands out: ConstitutionDAO(PEOPLE). Launched in 2021, PEOPLE isn’t your typical dog-themed or celebrity-backed frenzy. It’s the OG of political meme coins, a pioneer that forced the world to take notice of crypto’s potential for populist action.

We the People, Powered by Blockchain

Remember the epic saga of a bunch of online strangers pooling their crypto to buy a copy of the US Constitution? That was ConstitutionDAO. Their audacious goal, fueled by memes and a desire to democratize ownership of a historical treasure, captured the imagination of the internet. Though they ultimately lost the bid, PEOPLE became a symbol of online collective action and the gamification of history.

A Legacy of Memes

The PEOPLE token itself became a meme, with its price fluctuating wildly based on online buzz. Jokes about “owning a piece of the Constitution” and “sticking it to the billionaire class” were everywhere. While the initial hype subsided, PEOPLE remains a reminder that crypto can be more than just a speculative frenzy. It can be a tool for community building and challenging the status quo.

The PEOPLE Factor in the Upcoming Elections

Fast forward to 2024. With the US elections looming, could PEOPLE experience a resurgence? It’s certainly possible. The meme-coin landscape thrives on current events, and the political climate is ripe for disruption. Imagine online communities rallying behind a candidate or cause, using PEOPLE as a token of their support. The potential for viral campaigns and decentralized fundraising is undeniable.

Whether PEOPLE reclaims the meme crown remains to be seen. But its legacy is undeniable. It paved the way for a new kind of political engagement, one fueled by internet culture and the power of collective action. As the US hurtles towards Election Day, keep an eye on $PEOPLE