ATOM, ZEC & ASI Break Bear Trend with Strong Rally

Coinspeaker
ZEC-2,37%
ASI1,79%

Key Notes

  • ATOM, ZEC, and ASI outperform the market with strong double-digit moves despite broader crypto weakness.
  • Each token’s surge is tied to fresh catalysts: ATOM’s ecosystem updates, ZEC’s treasury and wallet developments, and ASI’s ongoing AI-alliance momentum.
  • These gains highlight how selective narratives can drive standout altcoin performance even in a choppy market.

Crypto heatmap today, on Nov. 20, looks greener than during the bloodbath at the start of the week. However, major coins have not yet recovered:

BTC $91 713

24h volatility: 0.5%

Market cap: $1.83 T

Vol. 24h: $83.14 B

is still hovering around $91k, while

ETH $3 011

24h volatility: 2.5%

Market cap: $363.28 B

Vol. 24h: $34.24 B

is down 2% to $3k.

Crypto heatmap on Nov. 20 | Source: Coin360.comCrypto heatmap on Nov. 20 | Source: Coin360.com

Let’s follow Michael Saylor’s advice to stay bullish and look at the coins that outperform the crypto market today, posting visible gains.

Cosmos (ATOM): the best altcoin to buy now?

Cosmos (ATOM) has surged 14% in the recent 24 hours to $3.11, making it one of the best altcoins to buy today. Recent ecosystem headlines have turned more constructive after fall turbulence. A November network maintenance on major Korean exchange Bithumb that restored ATOM deposits/withdrawals underscored steady infra support, while community discussions about channeling Interchain Security (ICS) revenues into ATOM buybacks have rekindled token-economics debate, both helping sentiment at the margin.

Atom price today | Source: CoinMarketCapAtom price today | Source: CoinMarketCap

Cosmos was created by Jae Kwon and Ethan Buchman to build an “Internet of Blockchains.” The 2016 whitepaper laid out the stack (Cosmos SDK, IBC, and what’s now CometBFT/Tendermint). The Cosmos Hub launched in 2019 as the first zone. Messari’s 2024 primer details ATOM’s role in security, fees, and governance.

Zcash (ZEC): privacy coin gains over 8%

Zcash (ZEC) is up 8.6% to $672 at the time of writing, making it the second-best-performing altcoin today.

Zcash price today | Source: CoinMarketCapZcash price today | Source: CoinMarketCap

ZEC has benefited from specific catalysts, including reports of fresh treasury accumulation and new wallet features (e.g., shielded swaps in the Zashi wallet stack). Those narratives helped ZEC decouple in a few sessions this month.

Launched in 2016 by the Electric Coin Company, Zcash pioneered zk-SNARK-based private transactions. The NU5 upgrade (May 2022) introduced the Orchard pool built on Halo 2, removing the trusted setup and modernizing its privacy architecture.

Artificial Superintelligence Alliance (ASI)

Artificial Superintelligence Alliance (ASI) gained 9.6% and is trading around $0.32. The ASI token, tracked under the FET line on major price sites, has rallied at points on renewed AI-crypto momentum and ongoing exchange support for migration/conversion behind the alliance (e.g., conversion rates for OCEAN→FET). The bigger AI narrative around the merger keeps speculative interest elevated even as parts of the alliance evolve.

ASI price today | Source: CoinMarketCapASI price today | Source: CoinMarketCap

ASI is the result of a high-profile 2024 initiative to combine Fetch.ai, SingularityNET, and Ocean Protocol into a single token economy, aimed at building an open, decentralized AI network. The Financial Times chronicled the merger’s goals and delays; subsequent coverage has tracked changes to the coalition’s makeup.

nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Wobbles Despite $1B ETF Inflows Amid Rising Oil Prices

_Oil shock and Fed uncertainty pressure Bitcoin, while ETF inflows fail to restore strong institutional demand._ Bitcoin swung sharply after U.S.-Israel strikes on Iran triggered a weekend risk-off move across

LiveBTCNews8m ago

Bitwise: A weekend attack accelerates the entire financial world's on-chain migration

The author believes that the transformation of the financial industry towards blockchain is inevitable. Although the crypto market may initially only serve fringe users, recent geopolitical events have accelerated this shift. As decentralized exchanges become the core of the market, traditional financial institutions need to adapt quickly to on-chain finance or risk being eliminated.

PANews14m ago

Corporates and Exchanges Rush to Stake Ethereum Instead of Selling

In brief Roughly 3.4 million ETH is waiting to enter Ethereum’s validator set, creating one of the longest staking queues since the network transitioned to proof-of-stake. Anecdotal industry feedback suggests major corporates and exchanges are driving much of the demand as they seek yield on

Decrypt32m ago

Bitcoin approaches $70,000: ETF inflows of $1.45 billion over five days, short covering drives rebound

Bitcoin price has recently rebounded to around $68,000, mainly driven by institutional capital inflows and short covering. Although trading sentiment remains cautious, market optimism for short-term fluctuations has increased, but high-leverage traders remain cautious, and overall confidence is gradually recovering.

GateNews37m ago

U.S.-Iran Conflict Escalates! U.S. stocks and Taiwan stocks both plummet, Bitcoin rebounds and temporarily stays above 68,000

The conflict between the US and Iran impacts the market, with TSMC's stock price plummeting to 1,895 yuan and the Taiwan Weighted Index falling by 94.9 points. Conversely, Bitcoin defies the trend and rebounds to $68,062, indicating investor risk aversion. Precious metal prices retreat, with gold dropping to a low of $5,119. Rising international oil prices influence inflation expectations, causing the probability of rate cuts to decrease to 2.6%. The US dollar index rises, and the market expects Bitcoin to break through $75,000 before confirming the end of the bull market.

CryptoCity42m ago

Michael Saylor declares the bear market over and is bullish on Bitcoin reaching $1 million.

MicroStrategy Executive Chairman Michael Saylor announced in an interview with Bloomberg that the Bitcoin bear market will end and predicted a long-term target price of $1 million. He believes that the structural growth in institutional demand has changed market dynamics, leading to increased stability in Bitcoin's price. However, critics cite historical data indicating that Bitcoin still exhibits high volatility and question Saylor's optimistic forecast.

MarketWhisper1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)