Deep Dive
1. Memecoin Momentum (Mixed Impact)
Overview:
PEOPLE remains a relic of the 2021 “PolitiFi” trend, still traded as a speculative asset. Recent data shows it’s grouped with Trump-themed tokens like $PATRIOT and viral animal coins (NullTX). While its DAO disbanded, the token’s 19,000+ holders suggest lingering retail interest.
What this means:
Price could see short-term pumps from election-related memecoin rallies, but with no utility, sustained gains are unlikely. Current RSI (38.94) and 90-day -57.61% returns signal oversold conditions, but reversals depend on broader altcoin sentiment.
2. Liquidity Shifts (Bearish Impact)
Overview:
KuCoin delisted PEOPLE from margin trading in November 2025, reducing leveraged speculation. Conversely, Bit2Me and Bitvavo added spot trading in June/July 2025, increasing retail access.
What this means:
Delistings may accelerate sell pressure from margin traders unwinding positions, while new listings could temporarily stabilize prices. Current 24h volume ($18.1M) remains 88% below its 2021 peak, indicating thin liquidity.
3. DAO Regulation (Bearish Risk)
Overview:
Citadel’s December 2025 push for SEC oversight of DAO participants (Crypto.news) revives scrutiny on defunct projects like ConstitutionDAO. Hayden Adams linked this to Citadel CEO Ken Griffin’s 2021 auction rivalry.
What this means:
Regulatory hostility toward DAOs could erase residual narrative value. With Bitcoin dominance at 58.77% and altcoin season index at 16, market conditions already favor capital flight from speculative tokens.
Conclusion
PEOPLE’s price faces structural headwinds: fading relevance, regulatory risks, and Bitcoin-centric market rotation. Watch the SEC’s response to Citadel’s proposal – a crackdown on DAOs could trigger final capitulation. Will memecoin traders revive this relic, or is it destined for obscurity?