Bitcoin Forum

Recently, I heard many friends recommend $people, think that it is the next doge and shib, can I buy now? What do you think?

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When somebody just told you that this is going to be the next big thing, don't believe them at once.

So this project is constitutiondao?

Never heard of the project and there's really a need to do research about it. But I wouldn't jump into any conclusion just as them.

the project is constitutiondao,many twitter KOL promoted it

I think we should research further for the project, by getting some supporting data, we can judge for ourselves and take a decision. on the other hand, if we do not fully believe in the project, then we can use a little capital to release our curiosity in our hearts, because in every human being there is certainly a curiosity that must be released, so that we can still think clearly.

Maybe or not. That is a governance tokens for constitution dao which supposedly buying a copy of US constitution. Yes they might be sound weird when they lose some lose interest, no one should also do trading for the token since its not the purpose of the token on the first place but people speculate and wanted it to gain value.

I myself donated with this project but I choose to refund mine as I dont like the way $people token had been speculated and made it a pump and dump.

Before investing in any cryptocurrency it is important to understand what you are investing in and the associated risks, not just the hype around it, Shiba Inu have an excellent development team, they don't differentiate coins in terms of functionality. In the end, buying something without fundamental value is not recommended.

What is $people? Too many jokes in crypto right now. This confuses us in choosing a project that is really worth investing in. If you say a lot of people recommend about the project. I did not find detailed notes regarding this project. Did you mean ConstitutionDAO [people]

Dont be easily influenced by FOMO as long as there is no actual news and technical of analysts in predicting prices. we never know the condition of the market in the next 1-2 months do research first before action. Shiba inu and doge coins are worth it coins that have the largest community in the crypto market. you can choose both if you have enough financial ability for long term this coin is very promising

You shall not believe with your friend. You must be careful when your friend was suggestion a meme token that he claimed that if it can become the next doge coin. There will be no next doge and all of that just another trap to make you buy the new meme token. It can become the worst decision in your life. Did you meant about this? https://coinmarketcap.com/currencies/constitutiondao/markets/

that's not a meme token but im sure there were lots of scam tokens used people as their ticker in various blockchain so you must be more specific about that. This to avoid the reader to mislead from reading your thread. That has been listed on several good exchange sites but i will not consider this potentially to be the same like doge coin or shiba inu. They were different with this coin.

Don't trust anyone do your own research . Because there are so rumors in the crypto in market . So my suggestion is that do your own research on all meme coins. Than you can get  profit from them . Keep eye on the market news and than do what you want.

Shiva Inu Token is a decentralized cryptocurrency and Shiva Inu has an excellent development team. Due to their hard work, the value of Shiva Inu has increased in a short time. But this is a new token so research it before investing in any cryptocurrency.

Never heard of it! Tried to search Google but couldn't find anything either. Would you mind sharing the website link?

It's impossible to conclude whether a coin will become a hit or a miss in future. Because we have 7000 odd cryptocurrencies in the market right now so you can understand the competition.

If a coin survives the competition and invests heavily into marketing, things may work out. But the chance is really high for such new coins to disappear as well.

The problem I see these days with most investors is that most follow Hype and don't border to do the needful, even some minimal research on a project is a problem for most hence they will invest in any hype they see. If you believe the project will do well from what you have researched about it then you can invest but don't follow the hype.

This project is very new to me but a quick glance at it's website shows the team didn't accomplish the purpose for which the token was created thus it doesn't seem like further development will take place,
Here is a quote from the website   I don't think it is a wise idea to put money in a project that it's future is not certain, there are many other opportunities out there.

Maybe this is what the OP meant was ConstitutionDAO https://coinmarketcap.com/currencies/constitutiondao/markets/
Well now there are too many cryptocurrencies so we can't reach much more than what the OP asked, of course this is very foreign to me because I've never known or done any research before obviously I don't know what to say.
It all comes down to you whether it's worth it or not doing the most important research.

I'm still not sure that $people is the next dogecoin and shiba inu, this kind of coin is not better than the shiba inu, how can we believe easily, if the correction condition continues for the coin as a whole, but whatever it is you have the right to analyze what you think it's true, but don't be in a hurry to make a decision about the worth and good of the coin, before you really know it in full.

I guess you are now looking for another hype like Doge and Shib.
I'm searching and it was found to be a new project. I think you shouldn't have to trust other people saying that, I suggest to make your own research as well. But for me, I would still extend my time observing their performance before making another step because it was going to found that this project needs time to develop and it was too early to make such a decision of buying. It could be best to wait until it shows progress.

https://decrypt.co/87079/constitutiondaos-people-token-continues-to-soar-despite-dao-closure

I have the impression that you are just trying to advertise your project here, or you are trying silently pump the price of the shitcoin you bought for pennies.

If you are asking if the price of another meme coin has a chance to skyrocketing, I think that as long as the DOGE and SHIB prices do not drop, there is a chance for more meme coin pumps.

Do you mean ConstitutionDAO PEOPLE token? As you can see from these tokens’ charts, its price falling. If you believe your friends (are they good analytics?) and this project, it’s really time to buy. However for me these charts are looking like traders are trying immediately to sell all their tokens. You need to learn more about the project to be sure that it won’t scam soon.  

https://c.radikal.ru/c23/2111/c9/3e2152511574.jpg (https://radikal.ru)
https://d.radikal.ru/d09/2111/a6/0223014982f9.jpg (https://radikal.ru)

Don’t listen to anyone, you have to create your own strategy in investing and know what’s best for you. I don’t buy because of what people say, I always buy because I know how to analyze and that’s very helpful. I’m not familiar with $people, try to analyze it know their product and future plans and see if its worth to buy.

The hype on tokens has ended and now token prices have fallen very deep if you want to invest in $people tokens better learn more details why tokens can fall so deep if possible project resume maybe now is the right time to go in and invest in that token but if the developer doesn't. If you are interested in continuing to develop the token, it's better to just leave the token.

If you wanna buy $People you have to check first their Twitter, as the dev is not advising to buy the token anymore. they have refunded those who contributed to their bidding. I myself did a small contribution but haven't redeemed it as the gas fee is extremely high. Made some bucks when I sold it through the exchange.

People always think, but they are not so sure. So whenever anyone tells you about any cryptocurrency or token at all, you should ask them questions on that token and know whether they trully know why the token should be a good investment. Ask them for reasons why they think that particular coin is worth your investment.

You shouldn’t just take it from anyone that a coin is good, when they don’t give you enough reasons at all that you should be investing in that particular coin. If you keep jumping at whatever your friends have to say, then you are likely going to end up making a huge mistake and that will result to losing your money in the  volatile crypto market.  Some of us here may not have heard of this coin that you are talking about, one example is me, I have not heard of this coin before,This is my first time getting to know it.

That's the pattern of new projects being developed at this time, they only rely on some hype to make the project more attractive, but this doesn't give any guarantee if they continue to be forced to invest, even they deliberately create a lot of social media to make the project branch better, this is it takes knowledge to recognize projects that have a future, otherwise we will be trapped in the hype that lacks clarity.

Most importantly, whoever is involved in the project must be able to make their own study, then make decisions based on existing references, not all new projects have the same thing, there are also new projects that have good prospects in the future, depending on how we recognize them, so it can't be done. claiming that all new projects have no future, I think it takes knowledge to recognize all that, so that the investment we make will have a good impact in the future.

Now there is NFT trend and a lot of games use NFT to allow people to earn more money and attract big community of users.
Some of games are very funny and attractive like this https://twitter.com/megladoge/status/1465391494714564612

NFT is a morden trend now. A lot of people want to earn money on morden trend.
Many games now use NFT to increase the profit of gamers and allow gamers to earn money by playing different games.
NFT games have a big community of users and very popular.

Now cryptocurrency market raise, it means that there is a cryptocurrency trend and cryptocurrency hype.
But be careful with the cryptocurrency hype. A lot of scammers appear.
It is necessary to carefully check all the projects before investing not investing money in the hype.