$PEOPLE / $USDT Showing Slight Consolidation After a Solid Daily Gain in the Meme Coin Sector? 🤔
Taking a look at the $PEOPLE / $USDT 4-hour chart on Binance. We're seeing a minor pullback in the last 4 hours, down -0.38%, bringing the current price to $0.01571. However, the overall daily gain is still a respectable +7.09%, keeping its Meme tag active!
The 24-hour high reached $0.01615, and the 24-hour low touched $0.01460, indicating some intraday trading activity. The 24-hour volume for $PEOPLE is a significant 680.25M.
Looking at the recent performance, today shows a gain of 5.65%, with a strong 38.62% increase over the last 7 days. However, the 30-day, 90-day, 180-day, and 1-year views show substantial corrections of -15.30%, -48.44%, -78.13%, and -42.71% respectively, highlighting the volatile nature of meme coins over a longer timeframe.
What's your take on PEOPLE's current price action? Is this a brief consolidation before another potential move upwards in the meme coin frenzy, or could we see more downside in the short term? Share your insights and predictions below! 👇
