Zerebro (ZEREBRO), Solar (SXP), and Peanut The Squirrel (PNUT) Are the Trending Altcoins of the Day

The cryptocurrency market is currently giving mixed signals. Due to the uncertainty ahead of the 2025 New Year, most coins are inactive or bearish.

The cryptocurrency market is currently sending out mixed signals. Most coins are either inactive or bearish due to the uncertainty leading up to the 2025 New Year. However, some altcoins are making the most of the situation by making their mark.

Crypto analyst Aaryamann Shrivastava discusses PNUT Coin and two altcoins that are trending today because of some developments related to them.

The First Ranked Altcoin: Zerebro (ZEREBRO)

ZEREBRO has been a trending token for the past few days after its perpetual futures were listed on the OKX exchange. The listing has brought more attention to the AI-focused token and has positioned it as a key player in the emerging AI-crypto sector.

The launch of the perpetual futures has had a major impact, with ZEREBRO’s price increasing by nearly 40% in the last day. Despite the increase, the altcoin is still in a consolidation phase, trading within the range of $0.434 – $0.291, waiting for stronger cues for a breakout.

If the broader market conditions continue to be favorable, ZEREBRO is likely to move higher and break out of the consolidation range, targeting $0.500 as the next level to watch.

However, failure to sustain the bullish momentum will lead to a continuation of the consolidation, delaying any further price gains.

Coming In Second Is – Solar (SXP)!

Solar released its year-end report, highlighting a strong 2024. As a result, SXP price increased by about 23% during the day. The positive outlook has boosted investor sentiment, positioning SXP as one of the trending altcoins of the day.

If the bullish momentum continues, SXP is likely to move past the $0.40 level and head towards $0.48. Reaching this level will help the altcoin recover almost all of its recent 38% losses and will signal a strong return for the token.

However, failure to sustain the bullish momentum will lead to a drop to $0.31, invalidating the bullish outlook and potentially dampening the enthusiasm around SXP’s recent rise.

The Last Place Altcoin: Peanut The Squirrel (PNUT Coin)

Once a rising meme coin, PNUT Coin saw a strong increase during the day, but then it took a breather, dropping to $0.69 despite the increase.

The altcoin needs to recover from recent losses and regain momentum to sustain investor interest. A recovery can be expected if the PNUT Coin price bounces off $1.00 as support, setting the stage for further rallies.

Breaking this level will likely push the meme coin up to $1.69, signaling renewed bullish momentum and reversing its recent decline.

On the other hand, failure to sustain the bullish momentum will keep the PNUT Coin price below $1.00, potentially dropping the price to $0.44. Such a drop would invalidate the bullish outlook and deepen investor concerns.

The opinions and statements in the article belong to the analyst and are not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.