$PEOPLE – Big Drop or Just Volatility in Action?
Current Price: $0.02830 | Down -18.65% Today
Whoa. $PEOPLE just took a serious hit — almost 19% down in a single day — and if you zoom in on that red candle, it tells the story of panic, profit-taking, or maybe both. But before calling it a collapse, let’s look a little deeper.
24h High? $0.03934
24h Low? $0.02811 — and guess what? The price bounced right from there.
That’s a big intraday swing — and that kind of volatility? Classic meme token behavior.
But here’s the kicker
Look at the Bigger Picture:
7 Days: +113.92%
30 Days: +152.73%
90 Days: +34.35%
Even with today’s brutal drop, it’s still riding a massive wave of green on the short-term.
Now, the longer-term tells another story:
180 Days: -55.30%
1 Year: -16.60%
So if you zoom out, this looks like a project that had its moment, dipped hard, and recently roared back to life — maybe off of hype, a pump cycle, or renewed interest in meme coins.
What the Market Is Saying:
The Order Book is nearly 50/50 — buyers at 49.83%, sellers just edging it at 50.17%.
4.02 billion $PEOPLE tokens traded today — that's some serious volume.
This isn’t a dead coin. It’s alive, active, and volatile — the perfect cocktail for risk-tolerant traders.
So What’s Really Going On?
This drop could be just a healthy correction after a monster run-up. When coins fly over 100% in a week, you expect some retracement. The fact that it bounced near the day’s low is a signal that some traders still see value here.
But let’s be honest: this is a meme coin, and meme coins live and die by community hype and momentum.
Strategy?
If you’re already in, you’re either diamond-handing it or considering taking partial profits. If you’re not in, you might be watching for consolidation or a dip entry.
⚠️ Disclaimer: This is not financial advice. Always DYOR and know your risk appetite. The crypto ride is wild — buckle up and ride smart!