Altcoins are showing signs of life again as Bitcoin dominance slips and speculative flows return to the broader market. Within the last 24 hours, a mix of utility-driven projects, privacy-focused platforms, and high-volatility meme assets have posted major gains, some with volume surging more than 2,800%.
Here’s a breakdown of the three standout movers.
Quack AI Jumps 32% on Zero-Fee Crypto Card Launch
Quack AI’s Q token rebounded sharply after the project unveiled a zero-fee crypto card in partnership with Bitget Wallet on November 17. The card offers up to $600 per month in fee-free spending, combined with cashback rewards, a utility push that resonated with users.
The rally was further boosted by Binance integration, including spot and futures access, as well as academic outreach through the Global Universities Autumn Camp. Trading volume surged 279% to $29.67M, marking one of the project’s highest volume days of the quarter.
Horizen Rallies 18% After Migrating to Base Network
Horizen (ZEN) extended its multi-week rally after completing its transition to Coinbase’s Base Network, rebranding itself as a privacy-focused Layer 3 appchain built for interoperable DeFi activity.
Privacy-related assets are outperforming broadly; Zcash, Dash, and Horizen have all climbed in tandem, reflecting a sector rotation toward regulated privacy tools. ZEN’s trading volume climbed 71% to $327.67M, reinforcing the trend.
Banana For Scale Rockets 65% on Meme-Coin Frenzy
BANANAS31 exploded as meme-coin mania returned to the market, driven by a sharp 10% weekly decline in Bitcoin dominance. The token’s trading activity skyrocketed 2,822% to $294.8M, one of the largest volume spikes across all meme assets this week.
Technical indicators show a clean breakout setup, with RSI momentum rising and short-term moving averages crossing upward.
Altcoins are showing renewed energy, but each surge is powered by a different narrative: product utility for Quack AI, privacy-focused infrastructure for Horizen, and high-risk speculation for Banana For Scale. Whether this marks the start of a larger rotation will depend on how Bitcoin behaves in the coming days and whether trading volumes continue to sustain these breakouts.