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ConstitutionDAO Price Prediction 2024: PEOPLE Hits Highest Price Since 2021

Last Updated 3 days ago
Giuseppe Ciccomascolo
Last Updated 3 days ago

Key Takeaways

  • ConstitutionDAO’s PEOPLE token has increased over the last few days.
  • PEOPLE has regained $0.13, a level it saw the last time in 2021, soon after its launch.
  • One price prediction expects it to reach $0.6143 in 2025.

ConstitutionDAO has seen a notable increase over the recent few days and its token PEOPLE, which debuted on the public market in late 2021, has recently hit the level it hasn’t seen for almost three years.

As of June 10, PEOPLE was worth $0.1252, retracing a bit from $0.13 reached some days before and not so far from its all-time high of $0.1676 hit in December 2021. Can it continue to rise?

ConstitutionDAO did not respond to a request for comment.

But what is ConstitutionDAO (PEOPLE)? How does it work? Let’s find out, and we can also look at some of the ConstitutionDAO Price Predictions that were being made as of June 10, 2024.

ConstitutionDAO Price Prediction

Let’s examine some of the ConstitutionDAO price predictions made on June 10, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2030
Prediction #1 $0.27 $0.32 $0.92
Prediction #2 $0.2283 $0.6143 $0.5720
Prediction #3 $0.1215 $0.1935 $1.23

First, CoinCodex  had a short-term ConstitutionDAO price prediction that saw the token go to $0.1617 by June 17 before jumping to $0.4079 by July 9. The site’s technical analysis was bullish, with three indicators sending bearish signals and 27 making encouraging ones.

ConstitutionDAO Price Prediction for 2024

DigitalCoinPrice  said ConstitutionDAO would reach $0.27 this year, while CoinDataFlow  says it could get to $0.2283, and PricePrediction.net  said PEOPLE would close the year at $0.1215. 

ConstitutionDAO Price Prediction for 2025

PricePrediction.net said ConstitutionDAO would reach $0.1935 in 2025 and CoinDataFlow sees it as high as $0.6143. DigitalCoinPrice said PEOPLE would trade at $0.32 next year.

ConstitutionDAO Price Prediction for 2030

Moving on to a more long-term ConstitutionDAO price prediction, CoinDataFlow said the token would drop to at least $0.5720 by 2030 while PricePrediction.net expects it to be at $1.23 then. DigitalCoinPrice made a PEOPLE price prediction of $0.92at the start of the next decade.

Google Gemini AI Price Prediction for ConstitutionDAO (as of June 10)

Google’s Gemini platform gave the following price prediction for ConstitutionDAO on June 10. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligence price predictions are predicated on past performances and are in no way entirely accurate.

Short Term (Next three months)

  • Expected Price: $0.1337
  • Factors to Consider:
    • Current Predictions: Many sources predict a slight increase in PEOPLE’s price over the next 30 days, ranging from 5% to around 13%.
    • Market Sentiment: The broader cryptocurrency market sentiment can significantly impact individual token prices. Keep an eye on the Fear and Greed Index or similar indicators.
    • News and Developments: Upcoming news or developments related to ConstitutionDAO’s project goals or the DAO landscape could influence the price.

Medium Term (Next six months)

  • Expected Price: $0.12
  • Factors to Consider:
    • Overall cryptocurrency market sentiment: If the general feeling towards cryptocurrency is bullish, it could help to drive up the price of PEOPLE.
    • News and developments surrounding ConstitutionDAO: Any positive news or developments related to ConstitutionDAO could also lead to a price increase.
    • Regulations: Government regulations on cryptocurrency could also impact the price.

Long Term (Next five years)

  • Expected Price: $0.50
  • Factors to Consider:
    • Market Factors: Overall cryptocurrency market sentiment, regulations, adoption by institutions and businesses, and major world events can all impact PEOPLE’s price.
    • Supply and Demand: If demand for PEOPLE increases relative to its available supply, the price will tend to rise.
    • Development and Utility: The success of ConstitutionDAO’s project and its ability to provide real-world utility will influence its value.

PEOPLE Price History

Let’s now look at some of the highlights and lowlights of the ConstitutionDAO price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very useful context when it comes to either making or interpreting a ConstitutionDAO price prediction.

ConstitutionDAO price history
ConstitutionDAO price in 2023 and 2024. | Credit: CoinMarketCap

When ConstitutionDAO first came onto the open market on November 20, 2021, it was worth $0.004338. It then moved up to reach its all-time high of $0.1676 one month later, setting two high records in a range of 6 days.

PEOPLE’s price then started to decrease, hitting $0.8 in March 2022 and falling further to around $0.01, a value it traded around for the following year. The token jumped in late May and hit a value of $0.1252 on June 10, 2024. This is a level PEOPLE last saw in 2021, soon after its launch.

At that time, there were 5.1 billion PEOPLE, representing the total supply. This gave ConstitutionDAO a market cap of about $642.9 million, making it the 118th largest crypto by that measurement.

ConstitutionDAO Historical Price Data

Period ConstitutionDAO Price
Today (June 10, 2024) $0.1252
Last Week (June 3, 2024) $0.1111
Last Month (June 10, 2024) $0.03027
Three Months Ago (March 10, 2024) $0.04915
Last Year (June 10, 2023) $0.01131
Launch Price (November 20, 2021) $0.004338
All-Time High (December 13, 2021) $0.1676
All-Time Low (November 20, 2021) $0.004338

Is ConstitutionDAO a Good Investment?

It is hard to say. The coin has been around for about three years now, and its price has notably increased only over recent weeks. It’s now a bit down from its all-time high, reached in December 2021, but most of its future depends on several factors.

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in ConstitutionDAO.

Will ConstitutionDAO go up or down?

No one can really tell right now. While the ConstitutionDAO crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in ConstitutionDAO?

Before you decide whether or not to invest in Turbo, you will have to do your own research, not only on PEOPLE, but on other, related, coins and tokens such as Dogecoin (DOGE) and Floki (FLOKI). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

ConstitutionDAO (PEOPLE) Explained

ConstitutionDAO  is a decentralized autonomous organization (DAO) formed with the aim of purchasing a physical copy of the United States Constitution at a Sotheby’s auction in November 2021. This initiative sought to create “a historic, community-owned artifact, ensuring public accessibility and showcasing the potential of decentralized, community-driven decision-making”, the company behind it said .

How PEOPLE Works

PEOPLE is the token representing ConstitutionDAO. The PEOPLE token does not have specific use cases and can be traded on the public cryptocurrency market like any other digital asset.

ConstitutionDAO Attention Tracker

ConstitutionDAO Google search volume
ConstitutionDAO Google search volume. | Credit: Google
Here is a chart for ConstitutionDAO’s Google search volume for the past 90 days. This represents how many times the terms “ConstitutionDAO” has been Googled over the last 90 days.

FAQs

How many ConstitutionDAO are there?

As of June 10, 2024, there were 5.1 billion PEOPLE, representing the total supply.

Will PEOPLE reach $1?

PricePrediction.net is the only price prediction provider expecting it to reach that level before the end of this decade.

What is ConstitutionDAO used for?

The primary use of ConstitutionDAO is to pool resources for the collective purchase and management of rare assets, specifically an original copy of the US. Constitution.

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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