Overview of Important Developments in the Web3 and AI Fields

Market Trends

Macroeconomic Environment

Microsoft shareholders rejected the Bitcoin investment proposal. At the shareholder meeting on December 11, major shareholders of Microsoft voted against a proposal to invest 1% of the company's total assets in Bitcoin. The proposal was put forward by a public policy research center, aiming to hedge against inflation risks. Despite strong lobbying from MicroStrategy founder Saylor, who emphasized that Bitcoin investment could bring huge returns to Microsoft, the shareholders ultimately chose to support the board's conservative position, leaning towards investing in less volatile assets. This decision reflects mainstream institutional investors' cautious attitude towards cryptocurrency investments.

Web3 field

AI-related tokens in the Solana ecosystem have shown impressive performance. ALCH (Alchemist AI) has a market capitalization exceeding $150 million, reaching a historical high with a 24-hour increase of 32.8%. The AI-driven venture capital DAO token ai16z has a market capitalization of over $800 million, with a 24-hour increase of 52.4%. DEGENAI has risen over 70% in 24 hours, and its price has increased more than six times since its launch. The strong performance of these tokens demonstrates the market's continued enthusiasm for AI and meme tokens.

Hot Events

Macro Environment

MicroStrategy is set to join the Nasdaq-100 Index. The company is expected to be officially included in the index on December 23, with an official announcement likely to be made on December 13. Analysts predict that ETFs tracking the index will purchase approximately $2.1 billion worth of MicroStrategy shares, accounting for about 20% of the company's daily trading volume. MicroStrategy is expected to become the 40th largest constituent in the index, with a weight of 0.47%.

Web3 field

Maverick Protocol has launched an innovative memeFi platform called Goose.run. This platform operates on the Base chain and aims to combine DeFi with memecoins. Goose.run not only provides a launchpad for meme coins and leveraged trading features but also innovatively introduces a no-liquidation meme coin lending service, addressing the liquidation risks caused by market volatility. The platform also features community governance and gamified user experience, creating more revenue opportunities for veMAV holders.

Hot Narrative

The official launch of the CULT token has sparked heated discussions in the market. The Meme coin CULT, launched by Milady founder Charlotte Fang, was officially released after nearly six months of anticipation. After its launch, CULT's market capitalization briefly reached $1.2 billion, followed by a rapid correction. The token distribution of CULT adopted an unconventional method, requiring participants to answer questions and engage in drawing games to claim it, a unique issuance strategy that has generated widespread discussion. Although there is still a gap compared to other well-known NFT projects, the future development of CULT will largely depend on the continued support and promotion from the Milady community.

Hot Projects

$YUMI has become a hotspot for emerging meme tokens. Due to its resemblance to Doge, YUMI has quickly gone viral on TikTok, garnering 1.3 million views. In the past 24 hours, YUMI's price surged by 7800%, currently reaching a market cap of 3.6 million dollars. The market shows strong interest in this potential "Doge resurrection" project.

Sector Rotation Analysis

According to data from Dune and Dot Labs, the Web3 and AI sectors show significant market activity. Specific performance and detailed data analysis require further interpretation in conjunction with more detailed market reports.