Microsoft rejects Bitcoin investment Solana AI Token hits new high New Decentralized Finance platform rises

Latest Developments in the Web3 and AI Fields

Macroeconomic Environment

Microsoft shareholders reject Bitcoin investment proposal

At the recent shareholders' meeting, Microsoft's major shareholders voted against a proposal to allocate 1% of the company's total assets for investing in Bitcoin. This proposal was put forward by a research center, aimed at hedging against inflation. Despite a three-minute speech from a well-known figure attempting to persuade shareholders to support the proposal, the shareholders ultimately chose to back the board's position.

The Microsoft board had previously recommended rejecting the proposal, stating that the company prefers to invest in assets with lower volatility. Data shows that Microsoft's largest shareholders are institutional investors, which may be one reason why shareholders are cautious when it comes to cryptocurrency investments.

MicroStrategy is about to join the Nasdaq 100 Index

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

Web3 AI Daily Review (2024/12/11)

Development in the Web3 Field

Solana chain AI Meme token performs outstandingly

On December 11, the AI meme tokens on the Solana chain performed exceptionally well again. Several tokens reached historical market capitalization highs, with significant gains within 24 hours. This includes the no-code development platform ALCH, the AI-driven venture capital DAO token ai16z, and the meme coin DEGENAI. The strong performance of these tokens demonstrates the market's ongoing enthusiasm for AI and meme tokens.

Web3 AI Daily Review (2024/12/11)

Innovative DeFi platform Goose.run launched

A new memeFi platform called Goose.run has been launched on the Base chain, aimed at bringing DeFi into the memecoin space. The platform integrates multiple features, including a meme coin launchpad, leveraged trading, liquidation-free lending, community governance, and gamified user experience. Its pioneering liquidation-free meme coin lending feature addresses the liquidation risks caused by high market volatility. The platform also offers specific token holders the opportunity to participate in governance and earn rewards.

Web3 AI Daily Review (2024/12/11)

NFT Meme coin CULT goes live, sparking heated discussions.

On December 11, a highly anticipated meme coin, CULT, officially launched, and its unique token distribution and claiming method sparked heated discussions. After its launch, CULT's market cap briefly reached $1.2 billion but then quickly retraced. The project's claiming method is quite distinctive, requiring participants to engage in games like answering questions and drawing. Although there is a gap compared to other well-known NFT projects, CULT's future development is still attracting market attention.

Web3 AI Daily Review (2024/12/11)

Emerging Project Dynamics

A meme project named $YUMI has gained attention due to its viral success on social media. The project has garnered a large number of views in a short period and experienced a significant price increase within 24 hours. Currently, the project's market capitalization has reached several million dollars.

Market Sector Analysis

According to the latest data, the Web3 and AI-related sectors show different market performances. The specific changes in market capitalization and fluctuation rates need to be analyzed based on the latest market data. Investors should fully understand the associated risks when focusing on these emerging fields and make investment decisions based on their own circumstances.

Web3 AI Daily Review (2024/12/11)

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BottomMisservip
· 07-10 14:21
Old suckers never give up.
View OriginalReply0
LoneValidatorvip
· 07-08 23:15
It's better to be steady than to take risks.
View OriginalReply0
FalseProfitProphetvip
· 07-08 03:27
Microsoft is too cowardly, right?
View OriginalReply0
GhostChainLoyalistvip
· 07-08 03:24
Still conservative in TradFi
View OriginalReply0
BrokeBeansvip
· 07-08 03:16
Everyone is afraid of risk.
View OriginalReply0
DegenApeSurfervip
· 07-08 03:07
Bitcoin early players
View OriginalReply0
Lonely_Validatorvip
· 07-08 03:00
Microsoft missed the opportunity
View OriginalReply0
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