While crypto markets struggled to find a floor on June 3rd, with Bitcoin and major altcoins sliding lower, a counterintuitive signal emerged from on-chain data. New wallet creation for a handful of altcoins — DEXE, Ethena (ENA), LayerZero (ZRO), Litentry (LIT), and Worldcoin (WLD) — spiked to their highest levels in at least three months, according to the Santiment update. According to the data provider, each of these projects registered new address counts in the top percentile for the past quarter. The simultaneous surge in fresh addresses suggests that rather than fleeing the market, a set of traders viewed the sell-off as an entry opportunity.