Top Crypto Gainers Today: M, XMR, PAXG, XAUt, and TRX Lead Gains as Fed Rate Cut Triggers Market Crash

Market analyst CoinMarketCap listed cryptocurrencies that recorded top gains today. However, one important development noticed in the broader crypto market is that most assets showed little price gains, possibly due to today’s market crash. Bitcoin and Ethereum are currently trading at $90,209 and $3,189, down 2.0% and 3.8% over the past 24 hours, a reflection of a wider pullback in the larger market despite the fresh Fed rate cut on Wednesday, December 10. 

While the US Federal Reserve executed its third straight interest rate cut yesterday, it came with cautious commentary that prompted investors to de-risk instead of moving funds into risk assets like cryptocurrencies. Together with cascading liquidations in leveraged positions on various crypto exchanges, the market bearish sentiment caused a sudden fall in most crypto prices.

Top Crypto Gainers Today

MemeCore (M)

According to today’s metrics from CoinMarketCap, MemeCore (M), a Layer-1 blockchain designed to transform meme coins into economic assets, is the crypto that recorded the highest gains today, making it at the top of this list. M registered a solid gain of 3.40% over the past 24 hours, showing its popularity among crypto investors. The price rise comes amidst major meme coins like Dogecoin (down 5.1%), Shiba Inu (down 3%), and others continue to slump, and the broader meme coin sector underperforms.

Today’s price gain shows strong user activity on the MemeCore network. Instead of simply allowing token holding, MemeCore runs an innovative “Proof of Meme” consensus model that enables crypto enthusiasts to earn incentives through network participation, content creation, and community engagements through memes and DApps. This model resonates with crypto users’ interests and attracts investors to the decentralized network.

Monero (XMR)

Monero (XMR) is the second top crypto gainer today, as it recorded a price growth of 1.07% over the past 24 hours, currently making its price stand at 402.17. Today’s surge is a continuation of the robust momentum that the prominent privacy token has been driving for several months this year. Besides today’s gains, Monero has been up 0.3%. 8.2%, and 118.7% over the past week, month, and year, respectively. In early 2024, XMR was hovering around $100, but today its price trades at $402, showing the profitability that long-term investors earned over time.

PAX Gold (PAXG)

PAX Gold (PAXG) followed with today’s price rise of 0.58%, putting its current price at $4,226.50. With its ability to beat other prominent crypto assets in today’s price uptrend, PAX Gold’s performance shows that the tokenized gold is increasingly rising as an alternative to value stability amid volatility in the wider crypto market. With its high transparency in gold ownership, institutions and DeFi customers increasingly use PAXG for hedging, DeFi collateral, wealth storage, and cross-border settlement transactions.

Tether Gold (XAUt)

Fourth on the list is Tether Gold (XAUt), which registered a price surge of 0.57% today, making its price hover at $4,218.85 currently. Tether Gold is a blockchain-based gold, just like PAX Gold (PAXG) illustrated above. By merging the advantages of real assets and on-chain capital efficiency, XAUt has been significantly appealing to both institutional and retail customers, which explains its impressive price growth against various cryptocurrencies.

TRON (TRX)

TRON (TRX) is in the fifth position, showing its prominence as indicated by its price surge of 0.36% today, making its value currently stand at $0.2807. This points out users’ rejuvenated interest in the Tron blockchain network following its strategic integration with Revolut’s fintech platform on Tuesday, December 9, 2025. With the integration, Revolut users can now stake TRX tokens directly with the Revolut app and execute stablecoin settlements across Revolut’s network, powered by the Tron blockchain. 

Other Top Market Performers

Other crypto assets with top price gains today include MYX Finance (MYX) and XDC Network (XDC), as illustrated in the CoinMarketCap data. MYX and XDC rose by 0.29% and 0.24%, putting their current prices to stand at $2.99 and $0.04995, respectively.