The crypto market is currently showing mixed signals as we approach New Year 2025, with most coins experiencing dormant or bearish movement. However, there are some altcoins that are standing out and making significant moves, attracting attention from investors.
Zerebro (ZEREBRO) has become a trending crypto asset with its recent listing for perpetual futures on the OKX exchange. This listing has increased interest in the AI-focused cryptocurrency and positioned it as a key player in the AI-crypto sector. Despite a 40% surge in price in the last 24 hours, ZEREBRO is currently consolidating and trading within a range. If market conditions remain favorable, the altcoin could rally and breach its consolidation range, aiming for $0.500 as the next milestone.
Solar (SXP) has seen a price surge of nearly 23% in the last 24 hours following the release of a strong year-end report for 2024. This positive outlook has boosted investor confidence and positioned SXP as one of the trending altcoins of the day. If bullish momentum continues, SXP could climb to $0.40 and beyond, potentially recovering its recent losses of 38%. However, failure to breach resistance could lead to a decline to $0.31, impacting the bullish outlook.
Peanut The Squirrel (PNUT), a once bullish meme coin, has seen a slight decline to $0.69 despite an 8% rise in the last 24 hours. To regain momentum and sustain investor interest, PNUT needs to recover from recent losses and reclaim $1.00 as a support floor. Achieving this could push the meme coin to $1.69, signaling renewed bullish momentum. On the other hand, failing to maintain bullish momentum may keep PNUT under $1.00, potentially dropping the price to $0.44.
Overall, these altcoins are trending due to specific developments concerning them, making them desirable options for investors seeking opportunities in the crypto market. As always, it’s essential to conduct your own research and consult with a professional before making any financial decisions, as market conditions are subject to change. BeInCrypto is committed to providing accurate and unbiased reporting to help investors navigate the crypto market effectively.
