Why These Altcoins Are Trending Today — December 30 | Airdrop Alert Pro

Currently, the cryptocurrency market is showing mixed signals, with most cryptocurrencies dormant or bearish due to uncertainty ahead of the new year 2025. However, other altcoins are taking full advantage of the situation and leaving their mark.

BeInCrypto analyzes three such altcoins that are trending today due to several developments that make them an ideal choice.

ZEREBRO

ZEREBRO has become a popular crypto asset over the past few days after being permanently listed futures on the OKX exchange. The listing has heightened attention on the artificial intelligence-focused cryptocurrency, making it a key player in the emerging artificial intelligence cryptocurrency space.

The launch of the perpetual contract has had a significant impact, with the price of ZEREBRO soaring nearly 40% in the past 24 hours. Despite this peak, Altcoins are still here It is in a consolidation phase, trading in a range from $0.434 to $0.291, awaiting stronger breakout cues.

If broader market conditions remain favorable, ZEREBRO is likely to rebound and break out of the consolidation range, targeting $0.500 as the next milestone. However, failure to sustain this upward momentum will result in continued consolidation, delaying further price gains.

Solar (SXP)

SXP price surged nearly 23% in the past 24 hours, driven by Solar’s year-end report highlighting strong performance in 2024. Positive outlook boosts investor confidence, making SXP one of the trends Altcoins of the day.

If the bullish momentum continues, SXP could climb to $0.40 and above with a target of $0.48. Achieving this milestone would allow the altcoin to recoup almost all of its recent 38% loss, marking a strong recovery for the cryptocurrency.

However, failure to break the resistance could lead to a drop to $0.31. Such a decline would invalidate the bullish outlook and could dampen the enthusiasm surrounding SXP’s recent rally.

Peanut Squirrel (PNUT)

Once bullish meme coin PNUT took a breather, falling to $0.69 despite rising 8% in the past 24 hours. However, Altcoins Still Need Recover from recent losses and regain momentum to maintain investor interest.

If PNUT retakes $1.00 as support, a recovery is possible, setting the stage for a further rebound. A break above this level could push the meme token to $1.69, signaling fresh bullish momentum and reversing the recent downturn.

Conversely, failure to maintain bullish momentum could lead to Reserve PNUT Below $1.00, the price may drop to $0.44. Such a decline would invalidate the bullish outlook and deepen investor concerns.