ConstitutionDAO token suddenly surged, could the next big "play" be official utility/gaming?
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1. Snapshot
💰 Current price: $0.02441 (–2.0% compared to yesterday)
📉 24h: –2.0%, 7d: +45.3%
💸 24h Volume: ~$72–85 million
🌍 Market Cap: ~$118 million (5.06 billion PEOPLE circulating)
🌟 ATH: $0.2677 (too far...)
📉 ATL: ~$0.02
> “Increase of 45% this month – Is DAO really reviving, everyone?”
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2. News & Narratives
Short-term: The price of PEOPLE surged nearly 45% in 30 days, with volume maintaining >$70M/day, indicating strong cash flow is entering .
Narrative heats up: Rumors of Musk tweeting “Power to the people” stirred the community, pushing the price to around $0.0353 (+65%/24h according to Binance Square) .
Utility/partnership: Binance Square reveals collaboration with a Web3 game studio (experienced in Star Wars/Halo), paving the way to turn PEOPLE into a game token .
Sector trend: PEOPLE is the “war horse” in the PolitiFi/Web3 space, outperforming the entire market by +29% .
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3. Technical Analysis & Scenarios
Support: $0.0224–$0.0235 (weekly low) .
Resistance: ~$0.0255 (weekly high) → next target $0.03–$0.0353 (peak after Musk's news) .
RSI/Momentum: +45% YTD, RSI ~60–75 (bullish zone) .
Bullish case: Hold >$0.0235 → break $0.0255 → test target $0.03–$0.035 (if partnership/Musk support continues).
Bearish case: Break $0.0224 → retest the range of $0.02–$0.021 .
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4. Suggested Investment Strategies
Short-term Trader
Entry: $0.0235–$0.024
TP: $0.0255 → $0.03
SL: $0.0223
Long-term Holder
DCA around ~$0.023 if you believe in the game/Web3 narrative and “Power to the people” continues.
Watch closely for the official partnership game – this will be an important boost.
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5. Risk Analysis
- Volume spikes could decrease quickly if the narrative does not continue
- If Musk's news is FUD, the price could drop to $0.022
- ATH is too high ($0.2677) – realistic target in the near future is only $0.03–0.035
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6. Conclusion
$PEOPLE is recovering with a 45% increase last month, based on both rumors and real news about collaboration with Web3 games. However, long-term momentum needs confirmation from clear utility.
> Do you believe PEOPLE will conquer $0.03–$0.035 if gaming + power to the people continues?
🟢 A. Yes – Go all in!
🧠 B. Small entry, swing trading
🤷♂️ C. Wait and see, waiting for confirmation