Latest ConstitutionDAO (PEOPLE) News Update

By CMC AI
18 February 2026 03:31AM (UTC+0)

What is the latest news on PEOPLE?

TLDR

ConstitutionDAO's token is trading on momentum while its legacy surfaces in broader crypto debates. Here are the latest updates:

  1. PEOPLE Tops Memecoin Gainers (1 January 2026) – The token surged 12.92% in a day, highlighting its volatile, sentiment-driven nature.

  2. KuCoin Delists PEOPLE Margin Trading (20 November 2025) – The exchange removed spot margin services, potentially reducing leveraged trading access.

  3. DAO Legacy Cited in DeFi Regulation Debate (4 December 2025) – Uniswap's founder referenced ConstitutionDAO's 2021 auction loss while criticizing Citadel's push for stricter DeFi rules.

Deep Dive

1. PEOPLE Tops Memecoin Gainers (1 January 2026)

Overview: A social media post from January 1, 2026, listed ConstitutionDAO (PEOPLE) as one of the top five gainers in the memecoin category for the day, with a 12.92% price increase. This highlights the token's continued status as a speculative asset driven by retail trading sentiment and narrative, rather than active development from its original DAO.

What this means: This is neutral for PEOPLE, as it reflects typical memecoin volatility rather than fundamental progress. Short-term pumps are common but don't signify a revival of the project's original purpose. Traders should watch social volume and broader memecoin trends for momentum cues. (WHISPR)

2. KuCoin Delists PEOPLE Margin Trading (20 November 2025)

Overview: KuCoin announced the delisting of PEOPLE from its Spot Margin Trading services, effective November 20, 2025. The exchange suspended margin trading, lending, and borrowing for the token, advising users to close positions and repay loans beforehand to avoid automatic liquidation.

What this means: This is bearish for PEOPLE's liquidity and appeal to active traders. Removing margin trading reduces avenues for leveraged speculation, which can dampen trading volume and price discovery on that platform. It may signal the exchange's view of lower demand or higher risk associated with the token. (KuCoin)

3. DAO Legacy Cited in DeFi Regulation Debate (4 December 2025)

Overview: In December 2025, Uniswap founder Hayden Adams criticized Citadel Securities for urging the SEC to regulate DeFi like traditional finance. Adams referenced Citadel founder Ken Griffin's 2021 outbidding of ConstitutionDAO for a rare U.S. Constitution copy as evidence of traditional finance's opposition to crypto initiatives.

What this means: This is neutral for PEOPLE, as it uses the project's history as a cultural reference point in a larger regulatory debate. It underscores ConstitutionDAO's enduring symbolic importance in crypto lore but doesn't directly impact the token's utility or value. (CoinMarketCap)

Conclusion

PEOPLE's recent activity is a mix of speculative trading and retrospective mentions, with the token persisting as a memecoin despite its original DAO being inactive. Will its value remain purely tied to narrative-driven cycles, or can it find a new utility beyond its historic origin story?

What are people saying about PEOPLE?

TLDR

PEOPLE's social chatter is a tug-of-war between recent price pops and its legacy as a failed DAO. Here’s what’s trending:

  1. A bot flagged a 24.9% surge on Binance Futures in December, calling it a "Bumper Buy."

  2. An analyst cites ConstitutionDAO as a prime example of DAO failure due to poor coordination.

  3. European exchange Bit2Me listed PEOPLE in June 2025, expanding its trading access.

Deep Dive

1. @Adanigj: Recent Futures Price Surge Bullish

"ConstitutionDAO (PEOPLE) went up 24.9 percent in the last 24 hours on Binance Futures. Bumper Buy : Don't miss it" – @Adanigj (1.4K followers · 2025-12-19 20:03 UTC) View original post What this means: This is bullish for PEOPLE because it highlights significant short-term momentum and leveraged trading interest, which can attract speculative capital and increase volatility.

2. @bit_castle: Cited as a DAO Failure Case Study Bearish

The post lists ConstitutionDAO as a failure case, noting it "Raised $47M in $ETH to buy the U.S. Constitution • Lost the auction to a billionaire • Refund delays frustrated backers • Coordination gaps exposed" – @bit_castle (121K followers · 2025-09-07 06:00 UTC) View original post What this means: This is bearish for PEOPLE's long-term narrative because it reinforces the token's origin in a failed project, potentially capping its value as a "memecoin" with no active utility or governance.

3. Bit2Me Blog: Exchange Listing Expands Access Neutral

The exchange update noted that "ConstitutionDAO (PEOPLE)" was among five new tokens listed on its Wallet platform in June 2025. – Bit2Me (2025-06-10 13:45 UTC) What this means: This is neutral for PEOPLE as it improves liquidity and accessibility for a new user base, but such routine listings are common and don't inherently drive price.

Conclusion

The consensus on PEOPLE is mixed, split between traders chasing its volatile memecoin rallies and analysts dismissing it based on its defunct DAO origins. Watch the 24-hour trading volume relative to its market cap for signals of whether speculative interest is sustaining or fading.

What is the latest update in PEOPLE’s codebase?

TLDR

No recent codebase updates were found for ConstitutionDAO's PEOPLE token.

  1. KuCoin Margin Delisting (November 2025) – PEOPLE lost margin trading support, signaling reduced exchange confidence.

  2. Bit2Me Wallet Listing (June 2025) – Added as a tradable asset, improving retail access but not a protocol upgrade.

  3. Governance Cost Analysis (November 2025) – Highlighted historical inefficiencies, not current development.

Deep Dive

1. KuCoin Margin Delisting (November 2025)

Overview: KuCoin removed PEOPLE from its Spot Margin Trading services, suspending lending and borrowing for the token. This is an exchange policy change, not a codebase update.

The delisting, scheduled for 20 November 2025, reflects an exchange's risk assessment based on factors like liquidity and trading volume. It reduces advanced trading options for holders but does not alter the underlying PEOPLE smart contract or its functionality.

What this means: This is neutral for $PEOPLE from a technical standpoint but bearish for market liquidity and trader leverage. It indicates the token is being treated as a lower-priority asset by a major platform, which could dampen trading activity. (KuCoin)

2. Bit2Me Wallet Listing (June 2025)

Overview: PEOPLE was listed on Bit2Me Wallet alongside other assets. This is purely an exchange integration, allowing users to hold and trade the token, not a development update to its protocol.

The listing was part of a batch addition of over 20 coins in June 2025, aimed at expanding user portfolio options. It requires no changes to the PEOPLE token's Ethereum-based smart contract.

What this means: This is neutral for $PEOPLE's technology but mildly bullish for accessibility. It makes the token easier to buy for retail users in certain regions, though it doesn't improve the token's utility or underlying code. (Bit2Me)

3. Governance Cost Analysis (November 2025)

Overview: An analysis used ConstitutionDAO as a historical case study to discuss the high gas costs of on-chain governance. This references 2021 events, not recent code activity.

The article from November 2025 notes that the DAO spent an estimated $1.5–2.1 million on Ethereum gas fees during its 2021 fundraising. It discusses broader DAO challenges without mentioning any new development on the PEOPLE token itself.

What this means: This is neutral for $PEOPLE, as it's a retrospective look. It underscores that the token originated from a project with noted operational flaws, but does not indicate any recent attempts to fix or upgrade its system through code. (Crypto Times)

Conclusion

The available information shows no recent development activity for ConstitutionDAO's codebase, with updates limited to exchange listings and delistings. The token persists primarily as a memecoin relic of its 2021 crowdfunding effort. What future utility, if any, could revitalize community interest in its underlying protocol?

What is next on PEOPLE’s roadmap?

TLDR

ConstitutionDAO has no official development roadmap, as the original project was dissolved in 2021.

  1. Project Dissolution (2021) – The DAO completed its mission, refunded donors, and officially wound down.

  2. No Endorsed Future Plans (Ongoing) – The core team states the token has no utility and will not support new initiatives.

  3. Community-Driven Speculation (Indefinite) – Price action is driven purely by memecoin narratives and exchange listings.

Deep Dive

1. Project Dissolution (2021)

Overview: ConstitutionDAO was a single-purpose experiment formed in November 2021 to crowdfund the purchase of a rare copy of the U.S. Constitution. After losing the Sotheby's auction, the core team fulfilled its promise by making full refunds available and formally winding down the project (ConstitutionDAO). The official stance is that the project "has run its course."

What this means: This is neutral for PEOPLE because the original objective was conclusively completed. The token persists solely as a digital memento with no attached rights, governance, or utility from the original creators.

2. No Endorsed Future Plans (Ongoing)

Overview: The project's website explicitly states that the $PEOPLE token "possesses no rights, governance, or utility other than redeeming them for ethereum" at the original crowdfund ratio. It adds that ConstitutionDAO "cannot and will not endorse any future plans for the token."

What this means: This is bearish for any fundamental utility development because there is no official team building new features or products. All value is derived from its status as a historic memecoin and its availability on various exchanges.

3. Community-Driven Speculation (Indefinite)

Overview: In the absence of a roadmap, $PEOPLE trades as a "PolitiFi" memecoin. Its price is influenced by social sentiment, broader memecoin trends, and exchange listings, such as its addition to Bit2Me Wallet in June 2025 (Bit2Me).

What this means: This is bullish for short-term speculative trading during risk-on market phases, as seen when it gained 12.92% on 1 January 2026 (WHISPR). However, it is bearish for long-term stability due to a lack of intrinsic value drivers.

Conclusion

$PEOPLE's trajectory is entirely dependent on community sentiment and market narratives, not technical development. What catalysts could reignite speculative interest in this historic token?

CMC AI can make mistakes. Not financial advice.