3 Altcoins Breaking the Bearish Trend: Why ATOM, ZEC, and ASI Surge

Even as majors chop, a few altcoins are printing green. Here’s what’s likely behind the moves for ATOM, ZEC, and ASI.

Yana Khlebnikova By Yana Khlebnikova Hamza Tariq Editor Hamza Tariq Updated 3 mins read
3 Altcoins Breaking the Bearish Trend: Why ATOM, ZEC, and ASI Surge

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 $88 627 24h volatility: 1.2% Market cap: $1.78 T Vol. 24h: $86.46 B is still hovering around $91k, while ETH $2 898 24h volatility: 2.0% Market cap: $352.26 B Vol. 24h: $37.61 B is down 2% to $3k.

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

Crypto 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: CoinMarketCap

Atom 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: CoinMarketCap

Zcash 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: CoinMarketCap

ASI 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.

Disclaimer: 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.

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