Solana ecosystem AI Token big pump ALCH, ai16z rise over 30%

Latest Developments in the Web3 and AI Fields

Market Overview

macro environment

Microsoft shareholders recently voted down a proposal to invest 1% of the company's total assets in Bitcoin. The proposal was put forward by a research center and aimed to hedge against inflation risks. Despite passionate speeches from the founder of MicroStrategy emphasizing the potential for significant returns from Bitcoin investment, shareholders ultimately opted for a more conservative stance, supporting the board's recommendation. This decision reflects the cautious attitude of mainstream investors towards cryptocurrencies.

Web3 AI Daily Review (2024/12/11)

Web3 field

AI-related tokens in the Solana ecosystem have shown impressive performance. The market capitalization of the ALCH token has surpassed $150 million, with a 24-hour increase of over 30%. The market capitalization of the ai16z token has reached $800 million, with a daily increase of over 50%. DEGENAI has surged more than 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.

Web3 AI Daily Review (2024/12/11)

Hot Events

Macroeconomic Environment

MicroStrategy is expected to join the Nasdaq 100 Index on December 23. Analysts predict that ETFs tracking the index may purchase about $2.1 billion worth of MicroStrategy stock, which is equivalent to 20% of the company's daily trading volume. MicroStrategy is likely to become the 40th largest component in the index, with a weight of 0.47%.

Web3 field

Maverick Protocol has launched a new memeFi platform Goose.run on the Base chain, bringing DeFi into the memecoin space. The platform features meme coin launches, leveraged trading, and no-liquidation lending, providing users with a new trading and investment experience. The platform also has a community governance mechanism designed to allow veMAV holders to participate in decision-making and share profits.

Web3 AI Daily Review (2024/12/11)

Hot Narrative

The Meme coin CULT, launched by Milady founder Charlotte Fang, has officially gone live, sparking market discussions. CULT employs a unique token claiming method that includes game elements such as quizzes and drawing. Although its market capitalization once reached $1.2 billion after launch, it quickly retraced. The future development of CULT will largely depend on the continued support and promotion from the Milady community.

Web3 AI Daily Review (2024/12/11)

Featured Projects

$YUMI has become a newly popular meme token. Due to its similar appearance to Doge, YUMI quickly went viral on TikTok, with video views reaching 1.3 million. Within just 24 hours, YUMI's price skyrocketed by 7800%, bringing its market value to 3.6 million dollars. Investors seem to regard it as a new generation inheritor of the Doge spirit.

Sector Rotation Analysis

According to the latest data, the AI and meme token sectors have performed exceptionally well, showing the market's continued interest in these two areas. There has also been a noticeable differentiation within each sector, with some quality projects significantly outperforming their peers. While investors pay attention to overall trends, they also need to discern the potential and risks of individual projects.

Web3 AI Daily Review (2024/12/11)

SOL-3.82%
ALCH2.32%
AI16Z-8.59%
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RektButAlivevip
· 7h ago
It's the season for suckers to be played.
View OriginalReply0
GhostAddressHuntervip
· 7h ago
The opportunity to double is here.
View OriginalReply0
GasWastervip
· 7h ago
Again starting to chase the price.
View OriginalReply0
KillingPigsWithAButcvip
· 7h ago
rise a hairline
View OriginalReply0
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