Core Insights - The current altcoin season in October is characterized by liquidity flowing into tokens with strong usage, new listings, and technical breaks, with Zcash, Mantle, and SPX6900 being notable examples [1] Zcash (ZEC) - Zcash is trading at approximately $159, reflecting an 18% increase in the last 24 hours, driven by a surge in privacy utility and rising shielded usage [2] - A significant one-day surge of over 60% was recorded last week, indicating heightened interest in privacy features [2] - The ongoing momentum in Bitcoin and privacy sectors keeps ZEC prominent in trading activities [3] Mantle (MNT) - Mantle is currently priced around $2.50, with a 10% increase in the past 24 hours, supported by recent updates including a Bybit rollout and the launch of the UR app [4] - The integration of Ethena's USDe is expected to enhance access and trading volume, contributing to Mantle's stability during this altcoin season [4] - Traders are monitoring whether trading volumes will remain above breakout levels to sustain momentum [4] SPX6900 (SPX) - SPX6900 is trading near $1.53, with a 6.7% increase in the last 24 hours, benefiting from a recent Coinbase listing and overall market strength [5] - The circulating supply is approximately 931 million, indicating a high liquidity level among meme tokens [5] - Analysts note that the price is being supported by ETF inflows and Bitcoin gains, with traders watching key price bands for potential continuation [5][6] Altcoin Season Dynamics - The altcoin season in October is marked by a mix of privacy-driven interest, exchange support, and meme token flows, with ZEC, Mantle, and SPX6900 showing strong performance [7] - The overall market tone is positive, influenced by ETF-related inflows and rising Bitcoin prices, which enhance risk appetite across various altcoin baskets [7]