The value of the PEOPLE tokens on the secondary market proceeded to increase nearly 10x in the weeks following the dissolution of the DAO. Even though market cap is declining, at $327M mcap, it is still many multiples of the amount raised.
PEOPLE tokens in circulation are still redeemable for the underlying ETH, but the monetary premium has increased as a result of the dispersed liquidity to so many holders (16K+) as well as the novelty of retaining the token for a failed, yet valiant effort.
The value of the PEOPLE tokens on the secondary market proceeded to increase nearly 10x in the weeks following the dissolution of the DAO. Even though market cap is declining, at $327M mcap, it is still many multiples of the amount raised.
PEOPLE tokens in circulation are still redeemable for the underlying ETH, but the monetary premium has increased as a result of the dispersed liquidity to so many holders (16K+) as well as the novelty of retaining the token for a failed, yet valiant effort.