Whale Turns to MANA, SAND, and GALA Using PEPE’s Gains, Here’s Why

• With no sell signal in its way, MANA could climb another 50% to hit 0.94.
• The SAND daily chart displayed a golden cross, which could drive the price to $0.70.
• While GALA might pull back, an extension to $0.70 remains a feasible target.

According to Lookonchain, the same whale who converted some of his Pepe (PEPE) profits to Shiba Inu (SHIB), is also buying gaming tokens. Lookonchain revealed this in a post on March 1. 

The gaming tokens involved in the purchase include Decentraland (MANA), The Sandbox (SAND), and Gala (GALA). Furthermore, the on-chain smart money tracker noted that the whale bought 1.6 million MANA tokens, 2.43 million SAND, and 36.88 million GALA.

A smart whale changed his position from $PEPE to $SHIB, $MANA, $SAND, and $GALA.

The whale sold all 1.97T $PEPE($6.07M) and made a profit of $3.49M.

Then bought 75.9B $SHIB($893K), 1.6M $MANA($1.07M), 2.43M $SAND($1.48M) and 36.88M $GALA($1.46M).https://t.co/TsQgABvjIt pic.twitter.com/PbWGVtOVOZ

— Lookonchain (@lookonchain) March 1, 2024

The sentiment shown by this whale suggests that the price of these tokens might continue to rise, whereas meme coins could take the backseat.

Decentraland …

The post Whale Turns to MANA, SAND, and GALA Using PEPE’s Gains, Here’s Why appeared first on Coin Edition.