The crypto market has been under pressure again, falling 1.81% in the last 24 hours. Most of this drop came from fear around the upcoming FOMC meeting and talk about a rare “hawkish rate cut” from the Federal Reserve. This kind of move usually makes investors nervous because it signals that the economy might be weakening.
Bitcoin is now moving almost exactly like the stock market, with a 24-hour correlation of +0.81 with the Nasdaq-100. The total crypto market cap is sitting around $3.07 trillion, just above the important $3 trillion support. If this level breaks, prices may see more downside.
Even in this kind of market, some tokens are still performing well. These are the ones that traders call the best crypto to buy now because they are trending, gaining attention, and have real news behind their price movement. Many investors are hunting for the next crypto to 100x or the top crypto gainers that could benefit once the market becomes stable.
Below are five tokens that continue to stand out this week.
Yooldo has performed better than the overall market, rising 3.71% in the last 24 hours. The main reason is Binance Alpha’s second airdrop on December 4, where users received 80 ESPORTS tokens if they had enough Alpha Points. Instead of selling, most users held the token, which helped push trading volume up by more than 100% to $360 million.
Yooldo is a Web3 gaming platform that looks and feels like a simple exchange but gives players real digital ownership using NFTs and tokens. It supports fast and low-cost gameplay across Ethereum, BNB Chain, Linea and more. The ESPORTS token powers the entire gaming universe.
Right now, interest in gaming tokens is rising again, and many people consider ESPORTS a good pick for those looking for top trending cryptocurrencies today.
ALLO has started recovering after being listed for direct KRW trading on Bithumb, South Korea’s second-largest exchange. This listing made it much easier for Korean retail traders to buy and sell the token, and the trading volume jumped 236% to nearly $90 million. Historically, KRW trading pairs have created strong short-term rallies, so investors are paying close attention.
Allora is an AI-focused blockchain project that combines outputs from many different AI models to create smarter and more accurate results. It was built by developers who have experience in major projects like Chainlink, LayerZero, and Consensys.
As AI continues to be one of the most popular sectors in crypto, ALLO is becoming a strong candidate for top crypto to invest this month.
MAGIC gained more than 8% in the last 24 hours, mainly because BlackRock completed an early funding round for projects connected to the Treasure ecosystem. This boosted confidence, and the token also passed important resistance levels on the chart. New listings on Niza.io and Gate.io added more liquidity and attracted new buyers.
Treasure focuses on AI-powered entertainment and gaming. Its products include AI agent technology, gaming worlds like Smolworld and Bridgeworld, and an AI Agent Marketplace. One of its tools, Neurochimp, allows users to create AI agents that can talk, play crypto games, and even trade on-chain.
Because MAGIC sits at the center of AI, NFTs and gaming, many traders believe it could become one of the top crypto gainers during a market recovery.
POWER Protocol has been one of the strongest performers of the week, rising more than 223% in seven days. While Bitcoin and Ethereum have been falling, traders have shifted their attention to smaller altcoins with higher growth potential. Airdrops on Binance Alpha also created strong excitement around the token.
The project powers a full entertainment ecosystem that includes games like Fableborne, global brands, AI-driven products, on-chain rewards, and tokenized activity. Everything inside the ecosystem uses the POWER token.
Because the market cap is still low and trading activity is high, some traders see POWER as a possible choice for people looking for a 100x return, though it comes with high risk.
LUNA surprised the entire market by jumping more than 42% in a single day. This came after a major network upgrade, Terra Chain v2.18, which improved speed and stability. Big exchanges like Binance temporarily paused deposits and withdrawals to support the upgrade, showing that the ecosystem still has strong technical backing.
The token also benefited from 1.57 billion LUNC tokens being burned last week, plus attention around Do Kwon’s court hearing on December 11. These events created heavy trading activity, and many traders entered for short-term gains.
Even though LUNA carries higher risk due to its history, it is still attracting buyers who are looking for top trending cryptocurrencies today with strong momentum.
With the market sitting near important support levels and everyone waiting for the FOMC announcement and possible Fed rate cut, many investors are focusing on tokens that still show strength even during volatility. These five tokens have real catalysts like new exchange listings, airdrops, AI utility, big upgrades, and strong trading activity.
Right now, people are searching for the best crypto to buy now that could benefit once macro pressure eases. Whether someone is looking for top crypto gainers, the next crypto to 100x, or simply the top crypto to invest this month, these tokens offer a good mix of potential and momentum.
If Bitcoin holds the $90,000 support and the total crypto market cap stays above $3 trillion, December could turn into a strong recovery month. Until then, these trending tokens remain at the center of investor attention and may become some of the best crypto to buy now as the market stabilizes.
Disclaimer: This article is for informational purposes only and not a financial advice, kindly do your own research before investing.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.