10 Altcoins are Experiencing Volume Explosion During the Downturn

According to the latest data, the cryptocurrency market experienced a significant pullback in November, while some altcoins saw a serious increase in trading volume. Despite the downturn conditions, sudden volume spikes in certain projects are attracting investor attention. Data published by Santiment indicates that new focal points are emerging even in weak market conditions.

The volume increases in prominent projects signal a rise in community activity and trading appetite, independent of price movements. The strongest volume increase of the week was experienced by RSETH, sUSDe, RZ, STRK, PI, ATOM, JEWELRY, FET, ASTER, and ZEC. Although these projects operate in different areas, their commonality was the increase in purchasing and selling activities by investors despite the overall market decline.

In particular, the volume increase in staking-focused RSETH and stablecoin-based sUSDe products demonstrates that the search for alternative returns continues even during periods of risk aversion. Leading the Santiment list, RSETH draws attention with its weekly volume momentum, followed by sUSDe, RZ, and STRK. In the latter half of the list, more well-known projects such as ATOM, PI, and FET stand out.

High volume movements during downturns have often been regarded as early signals for price reversals in the past. Experts emphasize that these ten altcoins with volume surges should be closely monitored. It has been noted that investors may find opportunities to gain an advantage when the market recovers. These projects in the cryptocurrency market, which should be carefully followed, may provide opportunities in the short term.