Key Takeaways
The ConstitutionDAO, powered by the PEOPLE token, was established in 2021 to raise enough money to buy a copy of the American Constitution.
However, when it failed to do so, the decentralized autonomous organization (DAO) behind the project broke up, leaving PEOPLE as a kind of ghost crypto.
On March 5, 2025, ConstitutionDAO was worth about $0.0185.
Let’s examine our ConstitutionDAO price predictions, made on March 5, 2025. We will also examine the ConstitutionDAO price history and discuss what ConstitutionDAO is and does.
Let’s look at the PEOPLE price predictions made by CCN on March 5. We will use the wave count method to make the predictions, adding and removing 20% from the final targets to create the minimum and maximum predictions.
Minimum PEOPLE price prediction | Average PEOPLE price prediction | Maximum PEOPLE price prediction | |
---|---|---|---|
2025 | $0.0055 | $0.0066 | $0.0081 |
2026 | $0.012 | $0.015 | $0.018 |
2030 | $0.0058 | $0.0072 | $0.0086 |
The most likely wave count suggests PEOPLE completed a five-wave downward movement (red) after its all-time high in 2021. Then, it finished an A-B-C corrective structure (green).
If so, PEOPLE has started another downward movement. Giving it the same length as the first one leads to a low of $0.0068. The parallel channel connecting the structure’s highs and lows suggests the low will be reached in December 2025.
Then, we will use the daily rate of decrease for the past two years to predict the end of 2026 and 2030.
PEOPLE has fallen by 21% since March 2023, and projecting this decline forward leads to price predictions of $0.0150 and $0.0072 for the end of 2026 and 2030, respectively.
The wave count method gives a PEOPLE price prediction range between $0.0055 and $0.0081 for the end of 2025.
The daily rate of decrease for the past two years leads to a PEOPLE price prediction range between $0.0120 and $0.0180 for the end of 2026.
The daily rate of decrease for the past two years leads to a PEOPLE price prediction range between $0.0058 and $0.0086 for the end of 2030.
While the daily time frame chart gives a bearish prediction, it suggests a short-term bounce could occur before new lows.
The wave count suggests the PEOPLE price has completed wave three in a five-wave downward movement (red) that started after the cycle high. If this is the case, it is now correcting in wave four, after which new lows are likely.
The daily time frame indicators support this possibility since the RSI and MACD have generated bullish divergences.
So, the PEOPLE price could increase toward the short-term resistance at $0.0300 before eventually falling to new lows. Wave five could end at the long-term support of $0.0090, briefly declining below it to reach new cycle lows.
To invalidate this bearish scenario, the PEOPLE price has to close above the $0.0030 resistance and create a higher low. This currently seems unlikely.
The ConstitutionDAO price prediction for the next 24 hours is bullish. PEOPLE will likely reach the short-term resistance at $0.0030 before resuming its descent.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On March 5 2025, ConstitutionDAO’s ATR was 0.00277, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On March 5, 2025, the ConstitutionDAO RSI was 41, indicating bearish conditions.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On March 5, 2025, ConstitutionDAO scored XXX on the CCN Index, suggesting YYY momentum.
PEOPLE is, these days, basically a memecoin with a somewhat political angle. Let’s compare it to some similar tokens.
We looked at the ConstitutionDAO price history and found the best times to buy PEOPLE.
Day of the Week | Wednesday |
Week | 48 |
Month | November |
Quarter | Fourth |
Now, look at some of the key dates in 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 making or interpreting a PEOPLE price prediction.
Period | ConstitutionDAO Price |
---|---|
Last week (Feb. 26, 2025) | $0.02088 |
Last month (Feb. 5, 2025) | $0.02058 |
Three months ago (Dec. 5, 2024) | $0.07343 |
Last year (March 5, 2024) | $0.06961 |
Launch Price (Nov. 20, 2021) | $0.004338 |
All-Time High (Dec. 23, 2021) | $0.1852 |
All-Time Low (Nov. 21, 2021) | $0.0007099 |
The market capitalization, or market cap, is the sum of the total number of PEOPLE in circulation multiplied by its price.
On March 5, 2025, ConstitutionDAO’s market cap was $93 million, making it the 356th-largest crypto by that metric.
On March 5, 2025, a wallet linked to the Binance exchange held nearly 30% of the PEOPLE supply.
As of March 5, 2025, the five wallets with the most PEOPLE were:
Supply and distribution | Figures |
---|---|
Total supply | 5,060,137,334 |
Circulating supply (as of March 5, 2025) | 5,060,137,334 (100% of total supply) |
Holder distribution | Top 10 holders owned 81.84% of the supply on March 5, 2025 |
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”.
However, when it failed to buy the document, the DAO disbanded, leaving the PEOPLE token alone and serving as little more than a store of value.
PEOPLE is the token representing ConstitutionDAO. It does not have specific use cases and can be traded on the public cryptocurrency market like any other digital asset.
Because the ConstitutionDAO is based on Ethereum, PEOPLE is a token, not a coin. You might see references to such things as a ConstitutionDAO coin price prediction, but these are wrong.
It is hard to say. The token has been around for more than three years now, and it hasn’t actually had a purpose for most of its time. PEOPLE is, basically, a memecoin without a meme.
As always with crypto, you should do your own research before deciding whether or not to invest in ConstitutionDAO.
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 that prices can and do go down and up.
Before you decide whether or not to invest in ConstitutionDAO, you will have to do your own research, not only on PEOPLE but other related coins and tokens such as Dogecoin (DOGE) and Floki (FLOKI). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
This looks unlikely to happen at any point soon, according to our price predictions based on technical analysis.
PEOPLE can be bought, sold, and traded on exchanges.