Crypto Trader Bags $59M in PEPE, SHIB, ETH, & 5 Others Hinting Gains Inbound

Quick Summary:

Recent on-chain data sparks optimism for certain altcoin prices as a crypto trader, amidst the broader market’s bearish turn today, executed a potential buy-the-dip strategy.

Meanwhile, the address sacked 438,700 RNDR, worth $3.13 million, per the data.

The significant price drop in Pepe coin, as also seen by a 17% crash over the week, might have urged the trader to enter the PEPE market.

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Article Details

Category: Crypto

Markets: India

Topics: Pepe Coin (PEPE) Render (RNDR) Ethereum (ETH) Polygon MATIC Avalanche (AVAX) Shiba inu Chainlink (LINK) Altcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 14:53:03 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 21472156

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