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

The post Smart Money Player Invests In PEPE, FTM And MKR; Price Recovery Expected appeared first on Coinpedia Fintech News

A Smart Money player has shifted his focus toward the PEPE coin and other major cryptos, a strategic move that might signal potential price recovery. Insights from lookonchain reveal a notable allocation to Pepe coin along with Fantom and Maker which might be a calculated bet on the potential rise of the selected cryptos. On May 7, the investor spent 726 ETH to purchase 3.18 million FTM. Further, $1.25 million and 379 ETH were used to buy 464 MKR and 428 MKR. $558,000 were invested to acquire 70 billion PEPE.