Overview of Developments in the Web3 and Blockchain Fields

Macroeconomic Environment

Microsoft shareholders recently voted down a proposal to invest 1% of the company's total assets in Bitcoin. This proposal was put forth by a public policy research center, aimed at hedging against inflation risks. Despite strong lobbying from the founder of MicroStrategy, shareholders ultimately supported the board's cautious stance, opting to steer clear of the current cryptocurrency craze. This reflects the conservative attitude of traditional institutional investors towards crypto assets.

Meanwhile, MicroStrategy is expected to join the Nasdaq 100 Index on December 23. Analysts predict that related ETFs may purchase approximately $2.1 billion of MicroStrategy shares, which will significantly impact the company's stock price. MicroStrategy is expected to become the 40th largest component in the index, with a weight of about 0.47%.

Development in the Web3 Field

AI-related tokens in the Solana ecosystem are performing remarkably well. ALCH (Alchemist AI) has a market cap exceeding 150 million USD, reaching an all-time high. ai16z also surpassed 800 million USD in market cap, with a 24-hour increase of over 50%. DEGENAI has seen its price increase by more than 6 times since its launch. These figures indicate that market enthusiasm for AI and meme tokens remains high.

In terms of DeFi innovation, the Maverick Protocol has launched the Goose.run platform on the Base blockchain, aiming to combine DeFi with memecoins. The platform offers features such as meme coin launches, leveraged trading, and liquidation-free lending, creating more use cases and earning opportunities for veMAV holders.

Hot Events

The highly anticipated Meme coin CULT has officially launched, with a market capitalization reaching $1.2 billion at one point. CULT adopts a unique token claim method that requires participation in games such as answering questions and drawing. Although it still lags behind other well-known NFT projects, the future development of CULT is still worth looking forward to.

Another eye-catching project is $YUMI, which has gone viral on social media due to its similarity to Doge. Within 24 hours, the price of $YUMI skyrocketed by 7800%, reaching a market cap of $3.6 million, showcasing the market's enthusiasm for the "Doge Rebirth" concept.

These events reflect the high activity of the cryptocurrency market and the enthusiasm of investors for emerging projects. However, they also remind us to be vigilant about the market's high volatility and potential risks.