Web3 Latest Developments: AI Token Surge, Maverick Innovative Platform, CULT Controversial Launch

Market Hotspots and Important Dynamics in the Web3 and AI Fields

Web3 AI Daily Review (2024/12/11)

Macroeconomic Environment

Microsoft shareholders vote against Bitcoin investment proposal

At the shareholders' meeting on December 11, Microsoft shareholders rejected 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 a passionate speech by the founder of MicroStrategy, emphasizing that Bitcoin investment could bring significant returns to Microsoft, the shareholders ultimately chose to support the board's recommendation and rejected the proposal.

Microsoft's major shareholders are mostly institutional investors, who seem to remain cautious about cryptocurrency investments, preferring to choose assets with lower volatility. This decision reflects the relatively conservative attitude of traditional financial institutions towards crypto assets.

MicroStrategy may join the Nasdaq 100 Index.

According to reports, MicroStrategy is expected to officially join the Nasdaq 100 index on December 23, with an official announcement possibly being made on December 13. Analysts predict that ETFs tracking the index may purchase approximately $2.1 billion worth of MicroStrategy shares, which will have a positive impact on the company's stock price. MicroStrategy is expected to become the 40th largest component in the index, with a weight of 0.47%.

Web3 Field Dynamics

Solana ecosystem AI-themed tokens have performed remarkably well.

On December 11, multiple AI-related tokens on the Solana chain reached new highs. The no-code development platform ALCH's market cap surpassed $150 million, with a 24-hour increase of 32.8%. The AI-driven venture capital DAO token ai16z's market cap exceeded $800 million, with a 24-hour increase of 52.4%. The meme coin DEGENAI saw an increase of over 70% within 24 hours, and its price has risen over 6 times since its launch. These figures indicate that the market's enthusiasm for AI and meme tokens continues to soar.

Web3 AI Daily Review (2024/12/11)

Maverick Protocol launches innovative DeFi platform

Maverick Protocol has launched a new memeFi platform called Goose.run on the Base chain, aimed at bringing DeFi functions into the meme coin sector. The platform integrates multiple features such as meme coin launches, leveraged trading, and non-liquidation lending, and adopts an innovative community governance mechanism. This initiative creates new use cases and revenue opportunities for MAV token holders, which is expected to further enhance the value of the ecosystem.

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

The Meme coin CULT, launched by the founder of Milady, has finally gone live after a long wait. At the beginning of its launch, its market value briefly exceeded $1.2 billion but quickly fell back. CULT uses a unique token claiming method that requires participation in games such as quizzes and drawing. Although there is a gap compared to other well-known NFT projects, the future development of CULT is still worth paying attention to.

Web3 AI Daily Review (2024/12/11)

Focus on Hot Projects

$YUMI - New Meme Coin

  • Due to a similar image to Doge becoming popular on TikTok, the video views reached 1.3 million.
  • The market reacts enthusiastically to the concept of "Doge Rebirth"
  • The price surged by 7800% within 24 hours, with a current market value of about 3.6 million dollars.

Web3 AI Daily Review (2024/12/11)

Sector Rotation Analysis

According to data from Dune and Dot Labs, the Web3 and AI-related sectors have shown active performance recently. Specific sector and token performances can be referenced in the charts in the original text, reflecting the market's changing attention to different fields.

Web3 AI Daily Review (2024/12/11)

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CountdownToBrokevip
· 8h ago
Again, suckers are being played for suckers.
View OriginalReply0
wrekt_but_learningvip
· 23h ago
Conservative old shareholders, what's going on?
View OriginalReply0
ImpermanentLossEnjoyervip
· 07-07 03:59
Institutional players are too timid.
View OriginalReply0
LiquidityWizardvip
· 07-07 03:59
statistically speaking, msft shareholders r missing out on ~47.3% upside smh
Reply0
ZenChainWalkervip
· 07-07 03:58
Buddha, the shareholders are really cautious~
View OriginalReply0
GasFeeDodgervip
· 07-07 03:53
Following BTC won't be a loss.
View OriginalReply0
MoonRocketmanvip
· 07-07 03:41
RSI is accelerating to the moon!
View OriginalReply0
GigaBrainAnonvip
· 07-07 03:34
Those who can't invest in BTC still dare to say they understand innovation.
View OriginalReply0
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