Despite the recent cryptocurrency market turmoil, altcoins like PEPE are sparking hope among investors. Savvy investors are making strategic purchases, signaling a potential recovery. PEPE, in particular, has caught the attention of smart money, with significant investments made alongside Fantom (FTM) and Maker (MKR). This selective approach indicates confidence in their growth prospects, despite ongoing market fluctuations.

On-chain data reveals a smart money wallet, holding $23.3 million in assets, has made large purchases, betting on potential rises. The inclusion of PEPE alongside FTM and MKR shows a bullish outlook for its future performance. Investors are seeking opportunities in altcoins with strong fundamentals and growth potential, moving away from traditional market unpredictability.

PEPE's price is seeing a modest increase, trading at $0.000008713, with rising trading volume and open interest. The increase in open interest indicates a bullish sentiment, signaling a potential recovery. While MKR and FTM prices have slight declines, PEPE's resilience and long-term value proposition are reflected in its inclusion in the smart money's portfolio. Investors remain optimistic about select altcoins' potential to weather the storm and yield high returns.