Another red day for the market as plunged to $103,757, dropping nearly 4% amid rumors of a legal dispute between Binance and market maker Wintermute. However, Wintermute founder Evgeny Gaevoy quickly shut down the claims, calling them “completely baseless.”

literally nothing changed since this tweet and we never had plans to sue binance, nor see any reason to do it in future

I should probably ask to make a note of all the people spreading baseless rumors, but most of people believing these have goldfish memory capacity, so I wont https://t.co/0oHShby0Uk

— wishful_cynic (@EvgenyGaevoy) November 3, 2025

While leading assets like Ethereum, BNB, and Solana tumbled, a few unexpected outliers like ZCASH  and   defied gravity — proving that even in volatile conditions, traders are still hunting for the next 100x crypto opportunity.

The latest selloff came as Bitcoin spot ETFs saw $187 million in outflows on November 3, marking the fourth consecutive day of withdrawals, mostly from BlackRock’s IBIT. Ethereum spot ETFs also logged $135.7 million in outflows, deepening pressure across the broader market.

Meanwhile, StakeWise managed to recover $19.3 million in assets from the Balancer exploit, cutting the hacker’s total haul to about $98 million — one of the few positive developments in an otherwise uneasy DeFi landscape.

ZEC and JELLYJELLY Defy the Trend – Next 100x Crypto?

While most majors fell: $3,488,  $159 (–9.7%),   $2.25 (–6.6%) etc… ZCASH (ZEC) stood out with a 22% surge to $468, backed by over $1.5 billion in trading volume.

Another surprise came from meme coin JELLYJELLY, which skyrocketed 155% in a single day to a $196 million market cap.

(Source: Coingecko)

Though both are unlikely to become the next 100x crypto due to their already large valuations, their explosive moves highlight one truth: volatility still rewards those who spot trends early.

With sentiment shaky but liquidity shifting fast, traders are scanning the lower-cap sector, where the next 100x crypto could quietly be forming.