Best Crypto To Buy Now (Nov 5): $ASTER, $ZK, $MMT 

The cryptocurrency market declined 4.67% over the last 24 hours, extending its weekly loss to 10.5%. The biggest catalyst of the dip was a leveraged long squeeze, which led to the liquidation of over $1.4 billion in crypto derivatives positions, including $404 million in Bitcoin (BTC) and $355 million in Ethereum (ETH). Longs accounted for 89% of liquidations, flushing out excess bullish leverage. Open interest in crypto derivatives fell 2.7% as traders reduced risk exposure. High leverage created a market that is fragile to cascading sell-offs, while the squeeze accelerated as BTC broke below its $104,000 support.

Bitcoin spot ETF outflows hit $16.25 billion over the last 30 days, while Ethereum ETFs saw $4.41 billion exit the market. This liquidity drain has crushed the rest of the market, as they lack strong institutional backing. Meanwhile, the $128 million cross-chain exploit on the Balancer v2 DEX has triggered Decentralized Finance-wide withdrawals, with total value locked (TVL) on platforms falling 46% to $338 million. The attack, which exploited a three-year-old vulnerability, has raised questions about the effectiveness of audits and the security of users’ assets.

Amid the overall decline, Bitcoin dominance rose to 60.01% as the Altcoin Season Index fell to its lowest level since April 2025 at 26/100. The crypto Fear & Greed Index has hit 20/100 (Extreme Fear), with leading altcoins like ETH and Solana (SOL) seeing spot liquidations of $86 million and $23 million, respectively. Traders have adopted a risk-off sentiment after recent Federal Reserve policy decisions, trimming their exposure to altcoins in exchange for Bitcoin’s relative stability during periods of market stress. Uncertainty surrounding the Fed’s policy favors BTC’s “digital gold” narrative, as altcoins continue to face selling pressure due to traders reducing leverage.

Best Crypto to Buy Today: $ASTER, $ZK, $MMT

Today’s market-wide decline stemmed from a storm of liquidations in over-leveraged positions, macroeconomic headwinds, fears over DeFi security, and investors reducing risk exposure. However, there were a few isolated rallies among mid-cap tokens.

According to our analysis, the best cryptos to buy now are: Aster ($ASTER), ZKsync ($ZK), and Momentum ($MMT). Their rallies came on the back of short-squeeze dynamics, ecosystem growth, endorsement by key crypto figures, tier-1 exchange listings, and airdrop-driven demand.

1. Aster ($ASTER)

ASTER rose 12.74% in 24 hours to outperform the broader crypto market’s dip, while rebounding from a 45% monthly decline in the process. Aster’s luck turned in favor after a major bearish whale began unwinding a $21 million short position in ASTER on the Hyperliquid DEX between November 4 and 5. It is likely that the “Anti-CZ Whale” locked in profits amid the market turbulence, with the unwinding coinciding with ASTER’s rebound from $0.88 to $1.04. Large short positions require buying back tokens to exit, creating upward price pressure. The whale’s exit reduced immediate liquidation risks for ASTER, signalling reduced bearish conviction and encouraging dip buyers.

Aster’s Rocket Launch program, which rewards users for trading early-stage tokens on its DEX, saw $425 million in spot volume on its first day, November 4. High DEX engagement meant Aster was able to capture traders’ attention, with the protocol’s fees of 0.03% per trade directly benefiting the ASTER token buyback program, tightening supply and increasing demand.

ASTER’s 7-day RSI hit 44.04 (Neutral) after weeks of remaining in “oversold” levels, while its MACD histogram flipped positive for the first time since October 25. Algorithmic traders interpreted these technicals as a “buy” signal, but resistance looms large at the 30-day SMA ($1.25). Momentum from the Rocket Launch program needs to sustain daily closes above the $1.10 to $1.15 range, where $28 million in sell orders are clustered. While ASTER is bullish in the near term, it remains 63% below its all-time high of $2.42 (September 2025). The token needs to hold above its 7-day EMA ($1.02), as a close below would invalidate the breakout narrative.

$ASTER Price	Minimum Price (2025)	Average Price (2025)	Maximum Price (2025)	ROI
$1.03	$0.6767	$0.7612	$0.9635	-6.00%

2. ZKsync ($ZK)

ZK rose 19.55% in 24 hours to extend its weekly gains by 95.86%. The main factor behind the rally was a utility-driven tokenomics proposal made by ZKsync founder Alex Gluchowski. He proposed transforming ZK from a governance token into one with economic utility, tying its value to network fees and enterprise licensing revenue, through token buybacks, burns, and staking rewards. This model aims to create a “self-reinforcing loop” of usage, revenue, buybacks, and scarcity, addressing a key criticism of governance assets lacking intrinsic value. The markets are now pricing in a potential demand for ZK as a yield-bearing asset.

Earlier this month, Ethereum co-founder Vitalik Buterin endorsed ZKsync, calling its work “underrated and valuable” to DeFi. He specifically pointed out that the Atlas upgrade on the network now supports 15,000 transactions per second and near-instant layer-1 to layer-2 liquidity sharing. Buterin’s endorsement further validates ZKsync’s technical roadmap, attracting speculative capital to the ZK market. Moreover, the Atlas upgrade positions ZKsync as a contender for institutional DeFi, with giants like Deutsche Bank testing the network for trading tokenized assets.

ZK’s price broke above its 30-day SMA ($0.043), with the 14-RSI reading of 68.14 and a positive MACD histogram (+0.00398) signalling bullish momentum and more room for price growth before hitting the “overbought” threshold at 75. Traders front-ran the tokenomics proposal, but its 7-day Relative Strength Index (75.03) suggests overheating risk. Immediate resistance for ZK lies at the 23.6% Fibonacci level ($0.05917). Sustained closes above $0.059 could confirm a price breakout, but failure to hold this level risks retracement to the $0.048 support.

$ZK Price	Minimum Price (2025)	Average Price (2025)	Maximum Price (2025)	ROI
$0.06024	$0.04093	$0.04595	$0.05798	+0.24%

3. Momentum ($MMT)

MMT surged 256% in the past 24 hours, with its rally largely driven by listing on major crypto exchanges, such as Binance, Bitget, Bithumb, and Upbit, on November 4. The token is now available in the MMT/USDT, MMT/KRW, MMT/BTC, and MMT/TRY trading pairs. South Korean exchanges Bithumb and Upbit launched KRW pairs, offering direct and simplified market access to retail traders. Tier-1 exchange listings typically trigger liquidity influxes and price discovery. The MMT/KRW pair is likely to have amplified the token’s price volatility due to South Korea’s historically high retail participation.

Binance launched a 14-day trading competition, offering 2 million MMT in rewards for new users and high-volume traders. Concurrently, MMT was airdropped to users who staked BNB in October. Exchange-led promotions inflate short-term demand for tokens, as new users are likely to have bought MMT to qualify for the rewards. The airdrop also created a “free token” effect, encouraging recipients to hold or trade MMT. This campaign will end on November 18, and it needs to be seen whether MMT will be able to sustain its bullish momentum against sell-pressure from profit-taking.

MMT’s token generation event (TGE) took place on November 4, which was followed by an oversubscribed token sale that went 1,739% above target to hit $82 million. The project’s role as the “core liquidity engine” on Sui has attracted attention amid the blockchain’s recent ecosystem growth. Strong retail interest and Sui’s $26 billion DEX volume validate MMT’s market credibility. However, SUI’s 9% price drop on October 30 due to token unlocks has created mixed spillover effects, also affecting MMT. It will be crucial for MMT to hold above its $2.12 pivot point after initial sell-offs from traders and airdrop recipients.

$MMT Price	24-hour Trading Vol	24-hour Price Growth	Market Cap
$1.51	$2.69 billion	202.21%	$310.107 million

Final Thoughts on Best Cryptos to Buy Now: $ASTER, $ZK, $MMT

The rallies of today’s best-performing altcoins – Aster (ASTER), ZKsync (ZK), and Momentum (MMT) – came amid a 4%> decline for the broader crypto market. The perfect storm of macroeconomic uncertainties, liquidations of over-leveraged positions, and DeFi security fears has investors adopting a risk-off sentiment to rotate capital to Bitcoin, draining altcoins of capital to trigger a full-blown “altseason”.

ASTER defied the broader market’s downtrend to surge on the back of a bearish whale exiting their $21 million short position, the token reclaiming its psychological $1 level to flip the bearish structure over the past month, and the Rocket Launch program attracting $425 million in single-day trading volume to raise Aster’s total TVL. ZK surged from Ethereum co-founder Vitalik Buterin’s endorsement, a new tokenomics proposal to convert ZK from a governance token to a yield-bearing asset, and a technical breakout that supports further price growth. MMT’s rally was supported by listing on tier-1 exchanges, which unlocked liquidity and accessibility, Binance’s 2 million MMT prize pool and airdrop for new traders and BNB stakers, and an oversubscribed token sale during the TGE event.