The crypto market has been moving fast again, and many investors are searching for the best cryptocurrency to buy now after the recent FTX news. The overall market dropped by 0.94%, but some tokens have shown strong momentum and investor confidence.
The newest sets of FTX creditor payouts, Binance's dominance, and even just talk about a U.S. Bitcoin reserve all continue to determine how money moves in the market. While there is still a very high level of uncertainty throughout the world, a few projects stand above the rest regarding performance and potential growth. Let's take a closer look at some of the top tokens to watch right now.
Virtuals Protocol is fast becoming one of the best crypto to buy now, considering a combination of AI and Metaverse technology. The token has performed relatively well in the last week, jumping over 63%. Major investors, or whales, have silently started buying more VIRTUAL coin, a scenario that indicates growing confidence in the project.
The team also recently partnered with Coinbase's AI payment system through the X402 Protocol, further facilitating adoption and activity.
Why it's worth buying:
Virtuals Protocol connects humans and AI in virtual worlds to create new ways for people to interact online. It is already listed on prominent exchanges such as Bitget and BitMart, giving it good visibility. Given the continuous rise of AI and virtual worlds, this project might just make a big difference in the next phase of digital experiences.
PIPPIN has been the talk of the town after it surged more than 73% in a single day. It had started as a fun meme coin but quickly turned into a serious trend among traders. The excitement came after a popular Chinese trader shared it on social media, referring to it as a "hidden gem" with potential for quick profits.
Why it's worth buying:
Behind the hype, PIPPIN actually has an interesting story. It was created by Yohei Nakajima, a well-known name in the AI space and founder of BabyAGI, one of the first open-source AI agents. PIPPIN merges fun with real technology, and strong community support makes it an attractive short-term pick among the best crypto to buy now.
Zcash token is making a big comeback. The token has climbed more than 37% in a week and nearly tripled over the past month. One major reason is that more users are now using its private "shielded" wallets, powered by advanced zk-SNARK technology.
Why it's worth buying:
Zcash keeps a strong focus on privacy, something that will obviously continue to increase in importance as governments start tracking crypto more intently. Even famous investor Arthur Hayes has gone on record to predict ZEC could reach a value of $10,000 one day. Due to the capped supply and rising adoption, Zcash can return to the top among all privacy tokens, which positions it as one of the best cryptos to buy now for a long-term investor who believes that privacy will be the next big trend.
Meanwhile, Avalon Labs is continuing its strong momentum, up almost 24% in one single day. The jump came as the team unveiled a new Real World Asset (RWA) marketplace and a standard that makes it possible for users to tokenize AI compute rights.
Why it's worth buying:
Avalon Labs is building a bridge between Bitcoin, DeFi, and AI. Moreover, it's even reducing the supply of circulating tokens, which could grant more value to each token. The team's focus on Bitcoin-backed finance along with the innovation in tokenized assets might help Avalon be one of the leading players in the next phase of crypto growth. With steady performance and innovation, it's amongst the best crypto to buy now for investors seeking a mix of AI and real-world utility.
LAB recently burst into price, surging 71% in just one day, with its trading volume skyrocketing over 1,200%. This surge in price began after LAB listed leveraged trading on platforms such as Top.one and BYDFi, where traders were given more ways to profit from its price volatility.
Why it's worth buying:
LAB combines AI-powered trading with multi-chain tech, making it both forward-thinking and pragmatic. A token buyback earlier this year by the project reduced supply, a factor that contributes to increased price stability. Given the increasing attention of the markets to AI and decentralized trading, LAB is starting to look like one of the best crypto to buy now, at least for traders who love active markets.
After the release of $1.9 billion in payouts by the FTX estate, the market has continued to find its balance. Bitcoin's dominance has risen to nearly 60%, which means investors are leaning more toward risk-free assets. But this situation entails many possibilities for the top altcoins once the market regains its stability.
During the periods of Fed rate cuts and U.S.-China tensions, the market may be careful, but this is the time for the good projects to be recognized. For example, the tokens of Virtuals Protocol, Avalon Labs, and LAB have demonstrated that the influx of capital based on real innovation occurs even in uncertain markets.
The crypto world is always dynamic and in case of a downturn in the market, the opportunities are still there. At present, the crypto that offers the highest potential to buy consists of the projects that are characterized by real innovation and strong demand with active ecosystems.
Virtuals Protocol is merging AI with the Metaverse, PIPPIN is just following the trend of AI memes, Zcash is at the forefront of privacy adoption, Avalon Labs is connecting real assets with DeFi, and LAB is continuing its journey in AI trading.
Each of these tokens has a different story but one thing in common: growth potential. Whether you're a trader looking for some quick gains or a long-term investor, all five of these projects show that the crypto market can still accommodate some really powerful new moves. In times like these, picking the best crypto to invest now means identifying projects with a purpose, momentum, and innovation-and these five definitely fit the bill.
Disclaimer: The article is for informational purpose only, please do your own research before investing in crypto market.
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.