Market Dynamics in the Web3 and AI Fields

Macroeconomic Environment

Microsoft shareholders rejected the Bitcoin investment proposal

At the shareholders' meeting on December 11, Microsoft's major shareholders 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 and aimed to hedge against inflation risks. Despite a three-minute speech by the founder of MicroStrategy in support of the proposal, shareholders ultimately chose to back the board's recommendation and rejected the investment plan.

Microsoft's board had previously indicated a preference for investing in less volatile assets. The company's largest shareholders are primarily institutional investors, who seem to be cautious about investing in cryptocurrencies and are choosing to avoid the current crypto craze.

MicroStrategy is about to join the Nasdaq-100 Index.

According to reports, MicroStrategy is expected to officially become a member of the Nasdaq 100 Index on December 23. Analysts predict that ETFs tracking this index may purchase about $2.1 billion worth of MicroStrategy shares, which accounts for approximately 20% of the company's daily trading volume. MicroStrategy is expected to become the 40th largest component stock in the index, with a weight of 0.47%.

Development in the Web3 Field

Solana chain AI Meme token performs well

On December 11th, the AI meme tokens in the Solana ecosystem demonstrated outstanding performance once again:

• ALCH ( Alchemist AI ) Market capitalization surpasses $150 million, reaching an all-time high, with a 24-hour increase of 32.8%.
• ai16z market value surpasses 800 million USD, reaching a new high, with a 24-hour increase of 52.4%.
• DEGENAI has increased by over 70% in the last 24 hours, and its price has risen more than 6 times since its launch.

The strong performance of these tokens reflects the market's ongoing enthusiasm for AI and meme tokens.

Innovative DeFi platform Goose.run is launched.

Maverick Protocol has launched a new memeFi platform Goose.run on the Base chain, aiming to bring DeFi into the memecoin space. The platform integrates several innovative features:

• meme coin launchpad
• Leverage Trading
• No clearing loans
• Community Governance
• Gamified user experience

The platform has pioneered a non-liquidation meme coin lending feature, addressing the liquidation risks brought about by high market volatility. veMAV holders can participate in voting for incentive distribution in the meme coin pool, obtaining a share of transaction fees, thereby creating more application scenarios and value for MAV tokens.

The official launch of the CULT token has sparked heated discussions.

The Meme coin CULT, launched by the founder of Milady, officially went live on December 11, with a market value reaching 1.2 billion USD at one point after its launch. CULT adopts a unique token claiming method that requires participation in games such as answering questions and drawing to claim tokens. Although there is still a gap compared to other well-known NFT projects, the future development of CULT remains a focus of market attention.

Hot Projects

$YUMI's rapid rise

• Gained 1.3 million views on TikTok due to a similar image to Doge going viral.
• 24-hour increase of 7800%, current market value is $3.6 million
• Viewed as a potential successor to Doge, attracting widespread attention.

Market Sector Analysis

According to data from Dune and Dot Labs, the current market hotspots are mainly concentrated in the fields of AI, GameFi, and DeFi. Within these sectors, there are varying degrees of activity and price volatility, reflecting investors' preferences and expectations for different sub-sectors.