Best Crypto to Buy Now December 6 – Hedera, Aptos, Internet Computer
FET
BULLISH
HBAR
ICP
APT
The cryptocurrency market continues to exhibit bullish momentum, largely driven by Bitcoin’s significant 32% rise over the past month, reaching a record high of $103,583. This rally has also spurred activity in the altcoin market, with several assets gaining traction. Internet Computer (ICP) has begun to stand out, gradually participating in the broader uptrend.
In the last 24 hours, ICP has climbed over 2%, contributing to an impressive 23% gain over the past week. The token is now trading at $14, reflecting growing investor interest. As the altcoin market gains momentum, analysts are closely monitoring trends to determine the best crypto to buy now.
Top Cryptocurrencies to Invest in Now
Hedera’s token recently surpassed the $0.20 threshold, marking its first return to this level in two years. Similarly, Crypto All-Stars has attracted significant attention during its presale, successfully raising over $9 million. Meanwhile, the Artificial Superintelligence Alliance has also demonstrated impressive growth, with its token currently trading at $2.03.
1. Hedera (HBAR)
Hedera’s token has crossed the $0.20 mark for the first time in two years, driven by significant developments that have shifted market sentiment. At the time of writing, HBAR is trading at $0.2798, reflecting an intraday dip of 6.97%. Despite this, the token has surged 81.44% over the past week and 463.16% over the past month, showing strong growth momentum.
This rally seems to be fueled by two main developments. First, speculation around a potential collaboration between Ripple and Hedera has gained traction. This partnership could focus on creating a global settlement standard, with Ripple’s RLUSD stablecoin expected to expand to the Hedera network.
Second, Canary Capital’s filing for the first-ever Hedera HBAR spot ETF marks an essential step toward institutional adoption, providing traditional investors with direct access to HBAR. Meanwhile, HBAR is trading 229.66% above its 200-day simple moving average (SMA) of $0.0849, highlighting its robust performance.
The market sentiment remains bullish, supported by 20 green days in the past month and a 24-hour volume-to-market cap ratio of 0.2629, indicating healthy liquidity. However, the 14-day Relative Strength Index (RSI) of 67.88 suggests HBAR may soon experience sideways trading.
Based on average December forecasts, HBAR is predicted to trade between $0.2885 and $0.3455 by year-end, offering potential returns of 15.40% to 23.16% from its current price.
2. Aptos (APT)
Aptos is trading at $14.09 today, marking a 0.56% increase over the past 24 hours. The market sentiment around Aptos remains bullish, supported by the Fear & Greed Index at 72, indicating greed. The cryptocurrency is 51.75% above its 200-day simple moving average (SMA) of $9.26, suggesting strong long-term performance.
Additionally, Aptos has recorded 20 green days in the last 30 days, representing a 67% consistency in positive daily performance. Its high liquidity, relative to its market capitalization, adds to its appeal.
As a Layer 1 Proof-of-Stake (PoS) blockchain, Aptos stands out with its innovative smart contract programming language, Move. This Rust-based language, developed by engineers behind Meta’s Diem blockchain, offers enhanced efficiency and flexibility.
"The world's most production-ready blockchain, Aptos…" — yes.
Aptos has been chosen to support @Galxe's @GravityChain network for its reliability, speed, security, scalable infrastructure, and performance.
Together, we MOVE 🌐 https://t.co/5gYd2ppK0p
— Aptos (@Aptos) December 5, 2024
Furthermore, Aptos aims to address blockchain limitations by creating a decentralized network capable of processing billions of transactions. During India Blockchain Week 2024, co-founder and CTO Avery Ching highlighted the platform’s ambition to support diverse internet applications and expand the Web3 ecosystem.
Aptos also plans to incorporate payments for loyalty programs and coupons integrating major stablecoins like USDT, USDC, and a planned Hong Kong dollar stablecoin. Additionally, the company is working on AI solutions, enabling blockchain interactions with AI agents. India plays a key role in Aptos’ growth, with its expanding Web3 developer community driving innovation and adoption.
3. Internet Computer (ICP)
Internet Computer (ICP) has garnered considerable attention amid the broader market’s bullish trend. The token shows potential for further gains with a strong breakout and positive momentum. Traders are closely monitoring the $10.90 resistance level, as a breakout above this point could signal a continuation of its upward trajectory.
Currently, ICP is trading at $14.71, reflecting a 2.39% intraday increase. Over the past year, its price has surged by 196%, outperforming 69% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. This strong performance highlights its appeal to investors.
Additionally, the token trades 55.89% above its 200-day simple moving average (SMA) of $9.39, signaling sustained long-term strength. The token’s recent market activity has been favorable, with 19 green days out of the last 30 (63%) demonstrating consistent upward movement.
Moreover, its current price reflects a positive trend compared to its initial token sale valuation. Sentiment around Internet Computer remains optimistic, with a bullish price prediction and a Fear & Greed Index score of 72, indicating market greed. While short-term movements may vary, ICP’s performance and positioning suggest it could remain a key contender in the cryptocurrency market for the foreseeable future.
4. Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance is currently trading at $2.03, reflecting a 12% increase in the past 24 hours. Over the past week, the token has shown a notable surge of 24.09%, underlining growing interest among market participants. It remains above the 200-day simple moving average (SMA) of $1.42193, trading 43.22% higher, which indicates sustained upward momentum.
The cryptocurrency has recorded 17 green days in the past 30 days, or 57% of the time, highlighting its relatively consistent performance. Additionally, FET is trading near its cycle high and exhibits strong liquidity when compared to its market capitalization. These factors collectively point to significant demand and investor confidence in the token.
From a technical perspective, the Relative Strength Index (RSI) is currently near 65. This level suggests that bullish momentum is present, but the asset is not overbought, leaving room for potential gains. The bullish trajectory appears intact as long as FET maintains its position above the breakout zone.
Price forecasts suggest that FET could close the year within the $2.01–$2.29 range. If December’s average price reaches $2.15, this would imply a 5.92% rise from current levels.
5. Crypto All-Stars (STARS)
Crypto All-Stars (STARS) has garnered considerable attention, raising over $9 million during its presale. This milestone reflects robust community support and potential growth opportunities. With just 14 days remaining in the presale, investor interest appears to be intensifying, with many speculating on the possibility of significant returns once the token is listed on exchanges.
The project introduces an innovative staking platform called MemeVault, designed to cater to the growing interest in meme coins. This ecosystem allows users to stake popular tokens and earn rewards in STARS, the native token of the Crypto All-Stars platform.
At its launch, MemeVault will support 11 widely recognized meme coins, including Dogecoin, Shiba Inu, and Pepe Coin, with plans to expand the roster over time. The platform also offers an annual percentage yield (APY) of up to 300%, which may appeal to high-risk investors, though it carries the inherent risks associated with high-yield staking.
The project’s roadmap indicates that the presale will conclude on December 20, with the token expected to debut on exchanges shortly afterward. Community discussions on platforms such as Telegram highlight keen interest in the project’s liquidity allocation strategy, aiming to ensure smooth trading post-launch.
Visit Crypto All-Stars Presale
Read More
