Tough October for cryptocurrencies
October was one of the toughest months for crypto investors. Bitcoin ($BTC) It has fallen from its recent peak. $125,000 to $107,000 — almost decreased 14.4%. meanwhile, Ethereum ($ETH) also sank to the bottom $4,000 mark, suggesting a broad market correction to occur.
Despite these declines, the market has started to recover in the last part of this month. While $Bitcoin and $Ethereum will be integrated, Some altcoins have exploded with impressive profitssignificantly outperforming the overall market.
Total cryptocurrency market capitalization in USD over the past month – TradingView
Top 5 altcoins that skyrocketed this week
1. Humanity Protocol (H)
- price: $0.3552
- 7 days of changes: +232.41%
- Market capitalization: $773 million
- 24 hour volume: $539 million
Humanity Protocol leads the week’s gainers by a wide margin 232% increase. This project is decentralized identity layer This connects blockchain activity to the Web3 evolution of real-world human verification, or “proof of humanity.” Increased adoption among identity-driven DeFi apps and community hype around decentralized KYC has pushed its market cap to over $770 million.
2. Virtual protocol (VIRTUAL)
- price: $1.31
- 7 days of changes: +76.02%
- Market capitalization: $860 million
- 24 hour volume: $951 million
Virtuals Protocol is emerging as one of the leading protocols AI-driven virtual world In the metaverse field. Virtuals combines Web3 games, avatars, and social experiences. Up 48% in the last 24 hours Alone. With trading volume nearing $1 billion, investors appear to be betting on the resurgence of the AI and metaverse narrative in cryptocurrencies.
3. Zcash (ZEC)
- price: $273.84
- 7 days of changes: +28.91%
- Market capitalization: $4.46 billion
- 24 hour volume: $359 million
Zcash is one of the oldest privacy coincontinues to show resilience. What the project offers Zero-knowledge proof transactions This allows users to send crypto securely without revealing sensitive information. As the regulatory debate surrounding data privacy and CBDCs intensifies, privacy coins like ZEC are regaining investor interest.
4. Jupiter (JUP)
- price: $0.4250
- 7 days of changes: +24.87%
- Market capitalization: $1.34 billion
- 24 hour volume: $83 million
Jupiter is decentralized trading aggregator built on solana blockchainprovides optimal root swap and liquidity access across DEXs. A growing ecosystem and new integrations with DeFi protocols are driving steady growth. The token’s consistent rise reflects both: Restoration of the solana ecosystem and Jupiter’s strong position in the DeFi environment.
5. Meme Core (M)
- price: $2.27
- 7 days of changes: +20.71%
- Market capitalization: $2.36 billion
- 24 hour volume: $9.3 million
MemeCore completes the list; meme coin revival Trends that continue to dominate cryptocurrency culture. Although not as explosive as previous meme tokens, its strong branding and growing community keep trading activity at a high level. The project blends humor and practicality through NFT collaborations and gamified staking features.
The state of cryptocurrencies: signs of recovery amid volatility
The strong weekly performance of these altcoins is Selective market recovery step. While Bitcoin and Ethereum undergo a sharp correction and converge, high-momentum projects with clear stories around identity, privacy, DeFi aggregation, and AI are leading the way.
If Bitcoin manages to stay on top $107,000this week’s rebound could signal the start of an economic boom Good rally in Novemberaltcoins are poised to outperform once again.
