The PEOPLE token is about to usher in new development opportunities. For investors who have participated in meme token projects in the past, they are no strangers to the operational model of such tokens. Typically, the token price will experience several small increases of 10%, followed by a sudden surge of 50%, after which the market makers gradually cash out.

In the long term, the PEOPLE token may have a growth potential of 5 to 10 times. Even in the short term, it is expected to achieve a 5-fold increase by the end of the year. However, investors need to be aware that there may be manipulation by market makers behind this price trend.

The current choice to raise the price of PEOPLE tokens is likely related to the expected interest rate cuts coming in mid-September. Market makers may push up the price in the short term, and after the interest rate cut announcement, they will sell their chips to retail investors. However, the cryptocurrency market is known for its volatility, and even after the interest rate cuts, if the market continues to strengthen, market makers may choose to buy back in.

Currently, from the perspective of short-term investment, the PEOPLE token is indeed at a good buying opportunity. However, investors still need to be cautious, closely monitor market trends, and manage risks effectively. In the cryptocurrency market, opportunities and risks coexist, and rational investment is crucial.