Best Crypto To Buy Now (Nov 12): $GAIN, $ELIZAOS, $ASTER

Crypto Market Update (Nov 12)

The cryptocurrency market fell 3.67% over the last 24 hours, with the drawdown driven by profit-taking, macro uncertainty, and leveraged liquidations. Despite projecting a 2.99% weekly gain, the market’s decline aligns with an overall risk-off sentiment across risk assets like crypto and equities.

Over $260 million in crypto futures positions were liquidated in 24 hours, with long positions in Bitcoin (84%) and Ethereum (90%) dominating. This was followed by a surge in derivatives open interest, which is up 10% in the past 7 days, and funding rates turning negative. Traders over-leveraged when the market posted gains, but faced margin calls as prices dipped, creating a feedback loop of forced selling.

Another bearish catalyst stemmed from a coordinated mass exodus of ETH by two whales, who sold a combined 178,080 ETH for $528 million, while the spot Ethereum ETFs saw $796 million in outflows last week. This points fingers to profit-taking by large holders and ETF redemptions overwhelming retail demand.

Meanwhile, crypto’s 24-hour correlation with the Nasdaq-100 turned negative (-0.77) as tech stocks slid on the back of weak Q3 earnings. However, the 7-day correlation remains positive (+0.48), hinting at lingering macro effects. Traders rotated capital out of crypto amid a broader risk aversion pattern, but the sell-off lacked a clear policy trigger.

Best Crypto To Buy Now: $GAIN, $ELIZAOS, $ASTER

BTC dominance rose 0.14 points to 59.14%, while the Altcoin Season Index climbed up to 27/100, suggesting that the market remains in “Bitcoin Season” territory. This divergence shows that altcoin gains are concentrated and not broad-based. The alt index needs to hit a score above 75/100 to signal an “Altcoin Season”. Most of investor capital remains parked in BTC during periods of market uncertainty, with altcoins requiring sustained buying to flip the trend.

Bitcoin’s 24-hour trading volume is down 7.8% to $572 billion, as traders are chasing low-cap alts for outsized returns, largely driven by exchange listings and niche narratives. However, the biggest market movers of the day only represent 0.2% of the total cryptocurrency market cap, while Bitcoin has a valuation of $1.98 trillion. While altcoin-focused ETFs shed $880 million weekly, Bitcoin ETFs absorbed 4.1% of BTC’s circulating supply, with an AUM of $142.37 billion, up 2.5% in 24 hours. Sustained institutional demand for BTC is limiting altcoin upside despite sector-specific wins.

According to our analysis, the best cryptos to buy now are: Griffin AI ($GAIN), ElizaOS ($ELIZAOS), and Aster ($ASTER). Token buyback-led momentum, an undervalued narrative, major exchange listings, successful contract migration, AI narrative momentum, DEX dominance, and technical breakouts drove their respective rallies.

1. Griffin AI ($GAIN)

GAIN surged 115.26% in the past 24 hours, posting a sharp rebound despite an -86.9% price decline over the last 90 days. 

The token also managed to outperform the broader crypto market’s drop, and aligns with successful post-exploit recovery efforts. On October 13, Griffin AI announced a $2.5 million Recovery Fund, of which $1 million was deployed to purchase GAIN tokens from the open market. The network has burned 71.4 million GAIN, representing 16% of the circulating supply, as of November 12. This reduced sell pressure while Griffin AI committed to stabilizing GAIN’s price. Scarcity dynamics are amplified by the buy-back program’s transparency, which is trackable via BNB Chain. Historically, this precedes short-term price rallies in tokens with high retail participation, but the remaining $1.5 million from the fund could face diminished impact if volume persists above $15 million daily.

Meanwhile, GAIN resumed trading on Binance Alpha 2.0 on October 13, restoring access to a key retail and institutional user base. The token’s trading volume surged 287.79% to $15.06 million, with Binance commanding 63% of spot trades. Exchange support has mitigated post-hack liquidity fears, but GAIN’s 24-hour volume-to-market cap turnover ratio of 2.41 highlights speculative trading dominance. However, high volatility risk remains if sell orders cluster near $0.014.

GAIN broke above its 7-day SMA ($0.006) on November 11, with 7-RSI (71.81) closing on the “overbought” territory. As per data from LunarCrush, social media hype for the token spiked 340% following the Binance relaunch. While the RSI is overheating, GAIN’s MACD histogram turned positive for the first time since September’s exploit, signaling a potential trend reversal. However, the 30-day SMA ($0.0082) is expected to turn into its resistance. It will be key for GAIN to hold above the 61.8% Fib level ($0.012) from the September crash amid rising Altcoin Season Index readings.

2. ElizaOS ($ELIZAOS)

ELIZAOS surged 58% over the last 24 hours, diverging from its weekly and monthly flatline. The rally aligns with the project’s recent rebranding, token migration, and exchange listings.

On November 7, ELIZAOS completed its migration from AI16Z, with a 1:16 token swap ratio. The new cross-chain architecture enables interoperability with Ethereum and Solana, while introducing a “Generative Treasury” for liquidity provider incentives. The redenomination has effectively reduced supply pressure for ELIZAOS while attracting holders seeking expanded utility. Migration-related trading halts, such as CoinW delisting AI16Z on November 6, have created demand, amplifying volatility upon relisting. The migration window closes on February 4, 2026. Sustained adoption could further tighten supply.

Binance Alpha, MEXC, and Hotcoin relisted ELIZAOS post-migration, triggering a 366% spike in 24-hour trading volume to $12.3 million. The token’s turnover ratio hit 0.123, signalling high speculative activity. Exchange listings have improved market accessibility, especially on Binance, where derivatives often amplify spot price moves. The 58% price surge also coincided with MEXC enabling ELIZAOS withdrawals on November 8, suggesting coordinated liquidity inflows. Sustained daily trading volume above $10 million could stabilize gains, while a drop may signal profit-taking.

ElizaOS gained traction on the back of an AI-agent narrative amid a sector-wide Fear & Greed Index reading of 70 (Greed) during its relaunch. However, the broader market index has cooled to the “Fear” zone at 26. The AI-linked demand likely drove early momentum for ELIZAOS, but the token’s 24-hour rally outpaced the stagnant AI sector. This divergence hints at the project-specific catalysts outweighing macro trends. It will be key for ELIZAOS to hold above $0.0134 if migration inflows slow post-February 2026.

3. Aster ($ASTER)

ASTER rose 3.26% in the past 24 hours, outperforming the broader crypto market, which declined 2.78% during the same period. Key drivers behind the rally include a token buyback-led surge, DEX dominance, and speculation surrounding a Coinbase listing.

The Aster team increased its buybacks to $7,500 per minute on November 11, burning 2.4 million ASTER ($2.7 million) daily. Over 18 million ASTER ($20.5 million) have been burned since the buyback program was launched. Reduced circulating supply creates scarcity-driven demand, while 50% of the buybacks are permanently removed from supply – a deflationary mechanism that is historically linked to short-term price support. ASTER’s 24-hour trading volume surged 90% to $667 million, signaling demand absorption of new liquidity.

On November 10, Aster became the #1 decentralized perpetuals exchange by daily trading volume ($12 billion), surpassing its chief rival Hyperliquid. However, the Lighter DEX’s $1.5 billion valuation and $73.77 billion weekly volume signal rising competition in the perp DEX space. Market share gains further validate Aster’s standout features like multi-chain support and 200x leverage, but also highlight the sector’s saturation.

Coinbase has added ASTER to its Listing Roadmap, hinting at a future spot trading launch for the token. Historically, Coinbase listings trigger 20-50% pre-listing rallies, such as HYPE’s 2024 surge. Anticipation surrounding a U.S. exchange access could attract fresh new capital into ASTER, which already trades on Binance and Gate. ASTER’s 24-hour net exchange outflow of $8.04 million implies strong accumulation, but its fully diluted valuation (FDV) at $9.12 billion remains higher than its $2.29 million market cap. It needs to be seen how ASTER can hold above the 38.2% Fibonacci retracement level ($1.13) post-Coinbase listing; failure to hold here could trigger profit-taking and reverse gains.

Final Thoughts on Best Crypto to Buy Now: $GAIN, $ELIZAOS, $ASTER

The rallies of today’s best-performing altcoins – Griffin AI ($GAIN), ElizaOS ($ELIZAOS), and Aster ($ASTER) – came amid a broader market decline as traders over-leveraged during the recent market gains to face margin calls as prices dipped. The drop also aligns with a risk-off sentiment across the crypto market.

$GAIN’s surge can be attributed to the $2.5 million token buyback program to mitigate losses suffered during September’s exploit, exchange relaunch momentum, and technical breakout. $ELIZAOS rallied on the back of a token migration that fueled speculative demand, a major exchange listing on Binance Alpha and MEXC, and AI narrative momentum. $ASTER outperformed the broader crypto market as increased token buyback and burn rate tightened supply and increased demand, DEX volume hitting $12 billion, and speculation surrounding a potential token listing on Coinbase.

Disclaimer: The technical figures and price predictions provided in this article are subject to market conditions and the cryptocurrency’s daily performance.