Recently, the #peopleđ„đ„ market has indeed experienced a certain degree of correction, but judging from the overall market trend and inventory status, this decline is relatively limited and is still within a controllable range.
However, the current trading activity in the market is slightly sluggish. It is worth noting that most of the chips in the market seem to have been sorted or cleared by investors, so in the short term, the market may see a small rebound.
Compared with other MEME coins, PEOPLE does not have a clear floor price, and its price trend is closely related to the performance of ETH. Given that PEOPLE's market capitalization is relatively small, it is relatively easy to raise its price. Recently, the price of PEOPLE has fluctuated significantly, sometimes rising or falling by as much as 10%.
As part of the U.S. election sector, PEOPLE may continue to be affected by market speculation until the end of the U.S. election, that is, in November. At present, its market value is US$400 million. From a cost-effective perspective, this is undoubtedly an investment target worthy of attention.
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