Smart Money Player Invests In PEPE, FTM And MKR; Price Recovery Expected

Smart Money Player Invests in PEPE, FTM, and MKR; Price Recovery Anticipated

A savvy investor has shifted their attention towards the PEPE coin and other prominent cryptocurrencies, a strategic move that may indicate a potential price recovery. Analysis from lookonchain reveals a significant allocation to Pepe coin, along with Fantom (FTM) and Maker (MKR), suggesting a calculated wager on the potential growth of these selected cryptos.

On May 7, the investor invested 726 ETH to acquire 3.18 million FTM. Subsequently, $1.25 million and 379 ETH were utilized to purchase 464 MKR and 428 MKR, respectively. Additionally, $558,000 was invested in the acquisition of 70 billion PEPE.