The signs still clearly point to a bear market for crypto prices. Hardly any token could hope for a longer lasting at the end of 2022. Nevertheless, December delivered some surprises that could cause a stir in 2023 as well.
1st place: EGLD
The MultiversX EGLD token registered a significant drop of a good 10 percentage points in December. There is potentially catch-up potential lurking here
The market capitalization of the token is currently well below the billion mark. Today, the trading volume is $43.9 million. The cryptocurrency is currently the 43rd most popular coin. EGLD price today is $32.80.
2nd place: CLOSE
The price of the near-protocol token has once again lost around 1.5% in the past 24 hours. In the last 31 days, there has been a net loss of $0.50. This puts the price today at just $1.26.
Signs of price action recently pointed to growth. At the beginning of December, the market capitalization stood at $1.4 billion. The 24-hour trading volume also increased by 53% to $110 million. Here too, great opportunities could be lurking in a possible bull market.
3rd place: TWT
The Trust Wallet token saw a sharp gain of more than 5 percentage points today. This raised the price to $1.42.
The market cap soared to a value of $989 million. The 24-hour trading volume today is $42.7 million. Crypto is currently the 57th largest digital currency. The direction for January and 2023 could already be set here.
4th place: HOT
The price of the holo token recently proved that the cryptocurrency is capable of spontaneous breakouts. HOT appears to be defending itself more clearly than other tokens against steep market price declines. The token was not quite successful, the price is 0.001425 USD.
However, the cryptocurrency, which is ranked number 95, seems to be driven by a community of buyers who seem to be just waiting for the right time to buy.
5th place: CEL
The Celsius token lost 1.4 percentage points today. Over the past 31 days, it has made a relatively small minus of 10%. The price recently dropped to a level of $0.4569.
In fact, Celsius has already been pronounced dead. Cryptocurrency remains an investment for bold traders hoping for a bottom.
6th place: FXS
Countercyclical investing might currently be the motto for Frax Shares investors. FXS failed to match its strong December gains in the ongoing bear market and even lost a bit. The chart image could indicate oversold status. The FXS coin price today is $4.13.
7th place: ANT
The price of Aragon jumped 10% in December. Over the past seven days, the price has even experienced a plus of 13.21%. This makes ANT one of the top performers in December. The price today is valued at $2.23.
The market cap is worth $90.1 million today. Trading volume has also increased over the past 24 hours. It climbed more than 11 percentage points to close at $20.9.
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— Crypto.com (@cryptocom) December 28, 2022
Positive impulses should certainly come from Crypto.com’s prominent listing.
8th place: CTSI
CTSI is also one of the hopes of the current crypto market. The price of the Cartesi token has increased by 10.50% over the past few weeks. This puts the price at $0.1228 today. 1% of the increase occurred in the past 24 hours.
The market capitalization of the coin has increased to $78.6 million. The volume of transactions has recently experienced a real explosion. It is now valued at $88.2 million.
9th place: MAGIC
The price of Magic Coin recently increased significantly, but still lost most of the gains today and now sits at a value of $0.491. In the last 24 hours, around 8 percentage points must have been lost. Nonetheless, the cryptocurrency is still a good $0.10 above the price at the start of December.
The market capitalization today is worth $104.8 million. Trading volume is now $6.5 million, up 60%.
10th place: KRD
The price of the Krypton DAO token saw a significant upside. The price rose 2.5 percentage points today to trade at $0.51. In the meantime, however, KRS has already reached a price above $1.80.
However, the chart image reads quite erratically and shows strange price movements. Although one can speculate on further jumps here, there seems to be a risk of manipulation given the price action.
11th place: HAI
The Hay token suffered some unwanted losses in December, which is anything but good for a stablecoin. In fact, the value of 1 USD should be displayed on the BNB channel, but at the beginning of the month the cryptocurrency slipped below 0.40 USD. In the meantime, however, the coin has fully recovered. With this, HAY was able to make up for the minus again. The price today is $0.9953.
12th place: AXS
The price of the Axie Infinity token rose to nearly $10 in early December. This translated to a 23.24% increase in the first seven days.
In the new year, however, things don’t look so rosy anymore. AXS is only $6. For now, investors have no choice but to hope for breakouts.
13th place: MOMENTUM
The price of the Elan token has significantly increased by more than 200 percentage points in the past few weeks. The ELAN price is now at 6.64 USD.
In the past 14 days alone, the price has more than doubled. This was also reflected in the market capitalization. Today it is $235 million. Trading volume also recently increased by 7% to $1.6 million.
14th place: EOS
The EOS price remains almost unchanged today. The price of an EOS token today is $0.8614. However, trading volume dropped significantly by around a third to $43 million today. The market cap is $920 million.
A bottom could also be reached here, after all the cryptocurrency is now at its lowest for the year. 2023 should bring a positive impulse.
15th place: TRX
The price of the TRON token is up 0.23 percentage points today. This puts the price at $0.05456. The market capitalization remained at a value of 5 billion USD. The coin, which currently ranks 13th in the rankings, today has a trading volume of $128 million.
Tron thus turns out to be one of the most defensive cryptocurrencies in December. Despite volatile movements, at least no losses had to be accepted in a monthly comparison.
The December trending coins preview shows that neither Bitcoin, Ethereum nor Cardano are likely to be targeted by big traders anytime soon. Recently, it is the small cryptos that have seen a notable development. December felt like a market-wide bloodbath, but individual cryptocurrencies held steady or even saw significant gains.
Investors might identify a few interesting watchlist stocks here.