Even with recent troubles in the cryptocurrency world, PEPE, a lesser-known altcoin, has grabbed the attention of a smart investor, sparking hope among traders. While the overall market has been down, the rise in PEPE's price has given traders some optimism and led to talks about a potential recovery. This shift toward PEPE and a few other altcoins suggests that investors are being more strategic in their approach during uncertain trading times and economic ups and downs.

A report from Lookonchain, a platform tracking on-chain data, reveals that a smart investor is making significant purchases in PEPE, along with Fantom (FTM) and Maker (MKR). This investor, who holds assets worth $23.3 million, has recently bought large amounts of these altcoins, showing a calculated move to potentially profit from market uncertainties. For example, the notable investments in FTM and MKR indicate confidence in their future growth.

Including PEPE in this investor's portfolio alongside FTM and MKR demonstrates a careful selection process in cryptocurrency investments. Despite the market's ups and downs, these strategic moves by smart investors suggest a positive outlook for PEPE's future performance. Overall, investors are seeking opportunities in altcoins with strong fundamentals and growth potential, steering away from the unpredictability of traditional markets.

Currently, PEPE's price has seen a slight increase of 1.27%, trading at $0.000008713, with rises in trading volume and open interest. The uptick in open interest shows a positive sentiment in the market for this altcoin. Meanwhile, small decreases in the prices of MKR and FTM reflect the ongoing fluctuations and unpredictability in the cryptocurrency market.

In conclusion, the rise in PEPE's price indicates a possible recovery, and its inclusion in the portfolio of smart investors reflects confidence in its resilience and long-term value. Despite market fluctuations, investors remain hopeful about the potential of selected altcoins to withstand challenges and bring in high returns in the future.