ConstitutionDAO (PEOPLE): Price, Market Cap, and Key Insights

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ConstitutionDAO (PEOPLE) has captured global attention not just as a cryptocurrency, but as a symbol of decentralized community action. Originally launched with a bold mission — to crowdfund the purchase of an original copy of the U.S. Constitution — PEOPLE has evolved into a decentralized autonomous organization (DAO) token representing collective decision-making in the digital age.

This article explores the current market performance, core purpose, and investment considerations surrounding ConstitutionDAO, offering a comprehensive overview for both new and experienced crypto participants.

Current PEOPLE Token Market Data

As of the latest update, ConstitutionDAO (PEOPLE) is trading at $0.0189**, with a 24-hour trading volume exceeding **$18.5 million. Over the past day, the token has seen a positive momentum, rising 9.61% in value.

The circulating supply of PEOPLE stands at 5.067 billion tokens, matching its maximum and total supply, indicating a fully diluted issuance model with 100% circulation rate. This results in a current market capitalization of approximately $95.99 million, positioning it as a mid-tier community-driven project within the broader crypto ecosystem.

For those interested in on-chain analytics, the official Ethereum-based contract address is:

You can monitor real-time transactions and holdings using Etherscan, the leading Ethereum blockchain explorer.

👉 Discover how decentralized communities are shaping the future of digital ownership.

What Is ConstitutionDAO (PEOPLE)?

ConstitutionDAO emerged in November 2021 as a grassroots movement aiming to acquire one of the rare original copies of the U.S. Constitution during a Sotheby’s auction. The initiative leveraged blockchain technology to enable thousands of individuals worldwide to contribute funds toward a shared goal.

Over 17,437 contributors collectively donated around 47,000 ETH (valued at roughly $47 million at the time), showcasing the power of decentralized fundraising. Although the bid was ultimately unsuccessful, the community chose not to disband. Instead, they transformed the effort into a lasting decentralized autonomous organization governed by the PEOPLE token.

Today, PEOPLE serves as a governance token, empowering holders to vote on proposals related to treasury management, community initiatives, and future directions of the DAO. It stands as a pioneering example of how blockchain can facilitate collective action beyond traditional financial systems.

Where Can You Buy PEOPLE Tokens?

Purchasing ConstitutionDAO (PEOPLE) is accessible through various centralized and decentralized exchanges. Most users opt for centralized platforms due to their ease of use, liquidity, and support for fiat on-ramps.

Popular exchanges where PEOPLE is listed include:

Before making any transaction, always verify the correct token symbol (PEOPLE) and its Ethereum contract address to avoid phishing scams or counterfeit tokens.

While these platforms offer reliable access, availability may vary by region due to regulatory differences. Always conduct due diligence before selecting an exchange.

👉 Learn how to securely store and manage your PEOPLE tokens after purchase.

Understanding Investment Risks and Long-Term Potential

Is ConstitutionDAO (PEOPLE) Worth Holding Long-Term?

The long-term viability of holding PEOPLE depends on several factors:

Given its origins as a protest-style fundraising campaign rather than a protocol with built-in economic mechanisms, PEOPLE lacks traditional revenue-generating functions like staking rewards or fee distribution. Therefore, its value remains speculative and sentiment-driven.

While some investors view it as a cultural artifact of Web3 history, others caution against long-term holdings due to limited utility and high volatility.

⚠️ Important Note: Cryptocurrency investments carry significant risk. Always perform your own research (DYOR) and never invest more than you can afford to lose.

Can You Short ConstitutionDAO (PEOPLE)?

Yes, shorting PEOPLE is possible on select exchanges that offer derivatives trading. Traders looking to hedge or profit from downward price movements can use:

To initiate a short position, you’ll need to:

  1. Open a margin-enabled account.
  2. Complete identity verification (KYC).
  3. Deposit collateral — either USDT (stablecoin) or PEOPLE tokens.
  4. Place a sell order with leverage.

Exchanges supporting shorting of PEOPLE include:

Keep in mind: shorting involves unlimited risk if prices rise sharply. Liquidation can occur rapidly during volatile market conditions.

Frequently Asked Questions (FAQ)

What is the all-time high price of ConstitutionDAO (PEOPLE)?

The highest recorded price for PEOPLE was approximately $0.70, reached shortly after its launch in late 2021. This peak followed intense media coverage and initial excitement around the DAO's mission.

How many PEOPLE tokens are in circulation?

There are 5.067 billion PEOPLE tokens in circulation, which also represents the total and maximum supply. No additional tokens will be minted.

What blockchain is PEOPLE built on?

PEOPLE is an ERC-20 token issued on the Ethereum blockchain, ensuring compatibility with most wallets and DeFi applications.

Can I stake PEOPLE tokens for rewards?

Currently, there is no native staking mechanism for PEOPLE within the official ConstitutionDAO framework. Any third-party staking claims should be treated with caution.

How do I participate in ConstitutionDAO governance?

To vote on proposals, you must hold PEOPLE tokens in a compatible wallet (e.g., MetaMask). Governance discussions typically occur on platforms like Discourse or Snapshot.org, where token-weighted voting takes place.

Is ConstitutionDAO still active today?

Yes, while its original goal wasn't achieved, the DAO remains active with ongoing discussions about community grants, archival projects, and decentralized governance models.

Final Thoughts: A Symbol of Decentralized Power

ConstitutionDAO may not have won the auction, but it succeeded in demonstrating the potential of decentralized coordination. PEOPLE is more than a token — it's a testament to what communities can achieve when united by a common cause.

Whether viewed as an investment, a historical artifact, or a governance experiment, ConstitutionDAO continues to inspire new generations of Web3 builders and activists.

👉 Join the next wave of decentralized innovation — start exploring DAOs today.

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ConstitutionDAO, PEOPLE token, DAO cryptocurrency, decentralized autonomous organization, blockchain governance, crypto investment, Ethereum ERC-20 token