People Coin

What Is People Coin (PEOPLE)?

People Coin, often referred to as the PEOPLE token, originally launched by the ConstitutionDAO community on Ethereum, represents a public crowdfunding initiative to bid for an original copy of the U.S. Constitution. PEOPLE is an ERC-20 token—a widely adopted token standard on Ethereum—making it compatible with most wallets and applications. Today, PEOPLE primarily serves as a symbol of community participation and a tradable asset, without ongoing official product development or governance utility.

For beginners: DAO stands for Decentralized Autonomous Organization, a collaborative model governed by on-chain rules and community consensus. A smart contract is self-executing code on the blockchain that underpins token issuance and management.

What Are PEOPLE’s Current Price, Market Cap, and Circulating Supply?

Price, market cap, and circulating supply are three key metrics for understanding token performance:

• Price refers to the current trading value of one token.
• Market cap is calculated as price multiplied by circulating supply, indicating project scale.
• Circulating supply denotes the number of tokens actively available for trading.

As an ERC-20 token, PEOPLE’s market price fluctuates based on trading activity and overall sentiment. Circulating supply and total supply should be referenced from on-chain data and reputable market sources.

Data sources & timing: For the latest figures (as of 2026-01-22), refer to PEOPLE pages on CoinMarketCap, CoinGecko, and Gate’s market section. Because crypto prices are highly volatile, it’s best to check Gate’s PEOPLE trading page for real-time price, market cap, and supply. Assess token activity and concentration using 24-hour volume and holder distribution (viewable on Etherscan).

Who Created PEOPLE Coin (PEOPLE) and When?

PEOPLE was launched in 2021 by the ConstitutionDAO community on Ethereum, aimed at raising funds publicly to participate in Sotheby’s auction for an original U.S. Constitution. After the bid was unsuccessful, the community organized refunds; however, the PEOPLE token remained on-chain and became freely tradable—evolving into a symbolic asset tied to a unique historic event.

Sources & date: Combined information from ConstitutionDAO announcements and public media reports (as of 2026-01-22).

How Does PEOPLE Coin (PEOPLE) Work?

PEOPLE operates via Ethereum smart contracts. Users transfer and trade PEOPLE through decentralized wallets or supported exchanges. Each transaction requires gas fees—fees paid to compensate for network computation and storage.

The ERC-20 standard provides a unified interface for wallets to track balances, process transfers, and manage authorizations. The token’s supply rules and permissions are coded into its contract; features like minting, burning, or modifications depend on contract design and public documentation. For most users, basic transfers and trades are common; advanced management actions are restricted via contract permissions or multisig mechanisms.

What Can You Do With PEOPLE Coin (PEOPLE)?

Current use cases are primarily centered around trading and community activities:

• Spot trading and volatility trading—users seek opportunities from price fluctuations.
• Community memorabilia and collectibles—PEOPLE serves as a marker for this notable on-chain collaboration.
• Participation proof—used as entry tokens in select community events or lightweight voting (check specific event rules).

Because PEOPLE is not tied to any ongoing official product line, its utility relies on spontaneous community-driven use cases and evolving market demand.

Main Risks and Regulatory Considerations for PEOPLE Coin (PEOPLE)

PEOPLE is a community-driven asset with the following key risks:

• Price volatility: Highly sensitive to market sentiment and liquidity; short-term price swings can be significant.
• Liquidity risk: Market depth may vary across time frames or price levels, causing notable slippage.
• Smart contract & on-chain risk: Contract permissions, potential vulnerabilities, or fake token addresses can result in loss; always verify the official contract address.
• Community & narrative uncertainty: If community engagement drops or hype wanes, demand may decline.
• Platform & regulatory risk: Exchanges may change listing policies or services; different countries apply varied regulations and tax treatments—follow local laws and keep transaction records.
• Self-custody security: Your private key is the core credential controlling your assets—if lost or leaked, funds cannot be recovered. Enable two-factor authentication (2FA) and offline backup of recovery phrases for added safety.

What Is the Long-Term Value of PEOPLE Coin (PEOPLE)?

Long-term value depends largely on sustained community consensus, cultural significance on-chain, collectible appeal, and market recognition of its historic origin. If the community continues to create new events and use cases, demand may stabilize; otherwise, lacking extended narrative or developer support, value will be driven mainly by trading dynamics and sentiment. For long-term holders, monitor contract transparency, changes in holder concentration, fund activity, and multi-cycle community building—these are crucial evaluation signals.

How Can I Buy and Securely Store PEOPLE Coin (PEOPLE) on Gate?

Step 1: Register a Gate account and complete identity verification (KYC) to increase withdrawal limits and account safety.

Step 2: Set up security features—activate two-factor authentication (2FA), fund password, and anti-phishing code to prevent account theft or phishing scams.

Step 3: Prepare your funds by purchasing crypto via fiat or depositing tokens such as USDT; once credited, check your spot account balance.

Step 4: Search for “PEOPLE” on the trading page; choose a suitable pair (e.g., PEOPLE/USDT). Decide between limit or market orders based on your target price and risk appetite.

Step 5: Place your order—limit orders execute when your specified price is reached; market orders fill instantly at current market rates. Watch out for fees and slippage, especially when placing large orders during low liquidity periods.

Step 6: Withdrawals & network selection—for self-custody, go to the withdrawal page, select Ethereum mainnet (ERC-20), then paste your wallet address. Always test withdrawals with a small amount first to confirm accuracy before transferring larger sums.

Step 7: Secure storage—hot wallets offer convenience but carry online risks; cold wallets provide better offline protection. Back up your recovery phrases and private keys securely offline with strict access controls to prevent loss or exposure.

How Is PEOPLE Coin (PEOPLE) Different From Dogecoin (DOGE)?

• Purpose of launch: PEOPLE was created for a specific historic community fundraising event; DOGE started as an internet meme but evolved into a large-scale community with diverse payment use cases.
• Technical foundation: PEOPLE is an Ethereum-based ERC-20 token; DOGE operates as an independent Proof-of-Work blockchain with its own consensus mechanism and node network.
• Supply & inflation: PEOPLE’s supply is governed by its contract; details should be verified in its documentation. DOGE uses a long-term inflation model with ongoing issuance to reward miners.
• Ecosystem & applications: PEOPLE is mainly used for commemorative community events and trading; DOGE is popular in payments, tipping, and merchant integrations.
• Risk profile: Both are influenced by community sentiment; DOGE faces additional risks related to miner incentives, blockchain security, and node distribution as an independent chain. PEOPLE’s risks center around its contract design and reliance on Ethereum network conditions.

Summary: Key Takeaways on PEOPLE Coin (PEOPLE)

People Coin originated from ConstitutionDAO’s historic collaboration on Ethereum, now circulating as an ERC-20 token within markets and communities. Understanding its price, market cap, and circulating supply requires referencing live market data and on-chain metrics. When buying through Gate, completing KYC, setting up 2FA, careful order placement, and testing small withdrawals are essential steps to reduce operational risk. As PEOPLE’s long-term value relies heavily on ongoing community involvement and cultural relevance, focus on signals like activity levels, contract transparency, and holder distribution when evaluating its potential. Whether trading or holding, prioritize asset security, comply with local regulations/tax obligations, and maintain clear investment records for resilience in volatile markets.

FAQ

Is PEOPLE Coin Suitable for Long-Term Holding?

The long-term potential of PEOPLE Coin depends on ecosystem growth and sustained community support. As a community-centric project, its prospects are closely tied to user engagement and practical use cases. Beginners should thoroughly research fundamentals before investing and tailor their strategy to their personal risk tolerance—avoid following hype blindly.

What Advantages Does PEOPLE Coin Have Compared to Other Solana Ecosystem Tokens?

PEOPLE Coin runs on the Solana blockchain, benefiting from low transaction fees and fast processing speeds. Compared to other Solana-based tokens, PEOPLE emphasizes community-driven value creation through social engagement and contributor participation. Each token’s strengths vary—focus on actual use cases and team credibility when choosing projects.

What Should Holders of PEOPLE Coin Be Concerned About?

Holding any cryptocurrency involves security risks such as exchange vulnerabilities, wallet safety issues, and market volatility. Use hardware wallets to safeguard private keys; trade only on reputable platforms like Gate; regularly back up critical information. Stay up-to-date with project developments and market trends to adjust your strategy proactively.

On Which Exchanges Can You Trade PEOPLE Coin?

PEOPLE Coin is listed primarily on Gate and other major crypto exchanges. When selecting an exchange, prioritize platforms with strong security measures and ample liquidity for smooth transactions and safer fund management. For newcomers, start by opening an account at Gate to learn the trading process before exploring other options.

How Can You Participate in the PEOPLE Coin Community Ecosystem?

As a community-driven project, PEOPLE Coin enables holders to take part in governance voting and social discussions via official channels. Join the community for project updates, participate in discussions, or support proposals through voting mechanisms. Active involvement helps you stay informed about project direction while contributing to ecosystem growth.

Glossary of Key Terms Related to PEOPLE Coin (PEOPLE)

• Community governance: Token holders vote on decisions to achieve decentralized management and autonomous operations.
• Tokenomics: The design of token issuance, allocation, circulation mechanisms—used to incentivize participation and sustain long-term value.
• Staking rewards: Users lock up tokens to earn yields while supporting network security or governance voting.
• Decentralized Autonomous Organization (DAO): An organization managed by smart contracts with members making collective decisions via token-based voting.
• Liquidity mining: Users provide liquidity to trading pairs in exchange for token rewards—enhancing market depth.

References & Further Reading for PEOPLE Coin (PEOPLE)

• Official website/whitepaper:

• Development/docs:

• Authoritative media/research: