The crypto market tumbled even further on Friday, driving demand for presale tokens.

With confidence low, indicators suggest more decline in the Solana coin price. The Shiba Inu coin also lost key support and was outperformed by the new AI coin IntelMarkets (INTL).

The crypto market continued its decline on Friday, putting pressure on presale tokens. As investor confidence is low, the Solana coin price may fall further, according to indicators. The Shiba Inu coin also lost a key support level and was outperformed by the new AI coin IntelMarkets (INTL).

As the broader market went deeper into bearish territory, a new cryptocurrency at the crossroads of AI and DeFi, is holding up well and offering a hedge against market shocks.

This coin is none other than IntelMarkets (INTL), which has become a favorite among crypto enthusiasts. Since the beginning of the year, IntelMarkets has increased in value by over 900%, outperforming both the Shiba Inu coin and Solana coin. With even more gains expected following its listing on Tier-1 exchanges, it could be the best ICO of 2024.

IntelMarkets (INTL) Outperforms Top Crypto Coins

Among the new altcoins to watch in 2024, IntelMarkets (INTL) stands out as a unique blend of AI and DeFi. Having exploded over 900% in the past few months and outperforming the Shiba Inu coin and Solana coin, IntelMarkets is setting the stage for further gains post-launch, making it one of the best altcoins to invest in.

With early funding exceeding $11 million, IntelMarkets boasts strong fundamentals, a crucial factor for any investment. Unlike conventional trading platforms, IntelMarkets will be integrating artificial intelligence at all levels, making it an AI-powered trading platform. In addition to its advanced trading bots, the platform will run on the Solana and Ethereum blockchains.

In the tenth and final stage of its presale, IntelMarkets is available for $0.091, a price that experts say is an incredible bargain. With a 75x increase in value projected after listing on Tier-1 exchanges like Bybit and Kucoin, IntelMarkets is certainly among the best new cryptos to invest in 2024. As it prepares to transform the crypto trading scene, IntelMarkets is a new DeFi project to keep in your sights.

Solana (SOL) Price May Fall Further as Bears Take Aim at $120

The Solana coin price dropped below $130, marking a decline of 25% on the weekly chart. Has the bottom been reached yet? Further price decreases may occur, especially considering the technical indicators like the bearish MACD Level (12, 26) and 20-VWMA.

At the same time, top analysts are forecasting a retest of lower price levels for the Solana coin. For instance, Investors Reality, a crypto analyst on X (formerly Twitter), suggests that the Solana coin price may hit $120 or $85 if the US stock index experiences a significant decline. Another analyst, Itzpoopster, is targeting $100.

On the other hand, a bounce from these levels could also be seen, especially if the broader market shows signs of recovery, which might spark an upswing in the Solana coin price. However, given the current market conditions, IntelMarkets might be a better crypto to invest in.

The new AI coin is backed by a bullish narrative and has plenty of room for growth as a low-cap coin, making it a more promising investment opportunity than Solana.

Shiba Inu (SHIB) Drops Below Key Support At $0.000015

The Shiba Inu coin also experienced a substantial setback this week, falling more than 10%. It is now trading below $0.000014. A breakout above $0.000015 could lead to a significant correction. Moreover, bold Shiba Inu coin price predictions are circulating, making it one of the altcoins to keep an eye on.

According to Smellyrino, a crypto trader and analyst, we can expect a 400% upswing from here after identifying $0.000013 as key support for SHIB.

Another analyst, SHIBGems, is even more optimistic, forecasting the Shiba Inu coin price to rise to $0.000025. These bullish forecasts are supported by technical indicators like the MACD Level (12, 26) and Momentum (10), which are currently in bullish territory.

For optimal gains during this bull run, IntelMarkets might be a more advantageous investment than the Shiba Inu coin. The new AI coin boasts tangible applications and a lower market cap, leaving greater potential for growth.

IntelMarkets (INTL) Outclasses Solana (SOL) and Shiba Inu (SHIB)

While top altcoins like the Solana coin and Shiba Inu coin are floundering, IntelMarkets (INTL) is making headlines with its staggering performance.

Since the beginning of the year, IntelMarkets has skyrocketed over 900%, rising from its initial price of $0.009