Crypto飞哥
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Talk about the people coin
People is a project that was launched in November 2021, almost exactly when the Bitcoin broke its historical high and the bull market ended. Therefore, the explosive power after its launch was relatively small. This bull market has already experienced a wave of growth; is there a possibility of a second wave of explosion?
The total supply of people is 5.06 billion, with a current circulating market value of 128 million and a circulation rate of 100%.
As a popular project in the meme coin sector, it still receives relatively high attention. There is still a lot of room for growth in the upper range of the bull market, and recently the meme sector has maintained high popularity. Recently, people almost doubled in price.
Finally, looking at the price from a monthly perspective, it is currently near the last peak rebound before the previous bull market ended. This position has been tested twice without breaking through. However, if it breaks and stabilizes above 0.03, then there shouldn't be significant selling pressure in the short term.
I believe the possibility of a second explosion for people is quite high, but do not expect it to rise ten to twenty times like the first explosion. Overall, a growth space of 3 to 5 times seems more reasonable.
People is a project that was launched in November 2021, almost exactly when the Bitcoin broke its historical high and the bull market ended. Therefore, the explosive power after its launch was relatively small. This bull market has already experienced a wave of growth; is there a possibility of a second wave of explosion?
The total supply of people is 5.06 billion, with a current circulating market value of 128 million and a circulation rate of 100%.
As a popular project in the meme coin sector, it still receives relatively high attention. There is still a lot of room for growth in the upper range of the bull market, and recently the meme sector has maintained high popularity. Recently, people almost doubled in price.
Finally, looking at the price from a monthly perspective, it is currently near the last peak rebound before the previous bull market ended. This position has been tested twice without breaking through. However, if it breaks and stabilizes above 0.03, then there shouldn't be significant selling pressure in the short term.
I believe the possibility of a second explosion for people is quite high, but do not expect it to rise ten to twenty times like the first explosion. Overall, a growth space of 3 to 5 times seems more reasonable.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.