Microsoft rejects Bitcoin investment as Solana AI Token leads the rise

Development Trends in the Web3 and AI Fields

Macroeconomic Environment

Microsoft shareholders reject Bitcoin investment proposal

Recently, Microsoft shareholders rejected a proposal at the annual meeting to invest 1% of the company's total assets in Bitcoin. The proposal was put forward by a public policy research center, aiming to hedge against inflation risks. Despite lobbying from well-known cryptocurrency supporters, shareholders ultimately backed the board's cautious stance, choosing to steer clear of the current cryptocurrency craze. This decision reflects the conservative attitude of mainstream institutional investors towards crypto assets.

Web3 AI Daily Review (2024/12/11)

MicroStrategy is expected to join the Nasdaq 100 Index.

According to reports, MicroStrategy is expected to officially join the Nasdaq 100 Index on December 23. Analysts predict that related ETFs may 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 index, with a weight of 0.47%. This news could have a positive impact on the company's stock price.

Web3 AI Daily Review (2024/12/11)

Web3 Field

Solana ecosystem AI tokens perform strongly

Multiple AI-related tokens on the Solana chain have performed remarkably in recent times. The no-code development platform ALCH has surpassed a market cap of $150 million, setting a new historical high. The AI-driven venture capital DAO token ai16z has also crossed $800 million in market cap, with a 24-hour increase of over 50%. Additionally, DEGENAI has seen its price rise more than 6 times in a short period. 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 well-known protocol has launched a new memeFi platform, Goose.run, on the Base chain, aiming to bring DeFi into the memecoin sector. The platform integrates multiple functions such as token launches, leveraged trading, and non-liquidation lending, and innovatively addresses the liquidation risk issues arising from high market volatility. The platform has also designed a mechanism for governance token holders to participate in profit distribution, providing a new avenue for value creation in the ecosystem.

The highly anticipated NFT Meme coin CULT is now live.

The Meme coin CULT, launched by the founder of a well-known NFT project, has officially gone live, sparking heated discussions in the market. CULT employs a unique token distribution and claiming method, requiring participants to answer questions and engage in drawing games to receive tokens. Although its market capitalization briefly reached $1.2 billion after launch, it quickly corrected thereafter. The future development of this project still relies on the ongoing support and promotion of its community.

Web3 AI Daily Review (2024/12/11)

Hot Projects

A certain meme token has gained attention due to its popularity on social media. The token's price skyrocketed by 7800% within 24 hours, and its current market capitalization has reached 3.6 million dollars. This phenomenon reflects the market's ongoing enthusiasm for meme tokens, but also serves as a reminder for investors to be aware of the associated risks.

Sector Rotation

According to the data, AI-related tokens and meme tokens have recently performed outstandingly, becoming market hotspots. Investors should closely monitor the developments in these sectors while remaining cautious and managing risks appropriately.

Web3 AI Daily Review (2024/12/11)

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DoomCanistervip
· 6h ago
Follow the pro coin to earn a profit without loss.
View OriginalReply0
RugPullAlarmvip
· 22h ago
On-chain professional data analyst, exploring capital pools
View OriginalReply0
GamefiEscapeArtistvip
· 22h ago
Ridiculous, traditional institutions are just so conservative.
View OriginalReply0
OldLeekMastervip
· 22h ago
Institutions still don't have the guts to play with coins.
View OriginalReply0
ChainSpyvip
· 23h ago
It's not just ChatGPT that's down~ Microsoft is really conservative!
View OriginalReply0
PessimisticOraclevip
· 23h ago
Microsoft is a conservative old dog, very timid!
View OriginalReply0
InscriptionGrillervip
· 23h ago
Institutions are still timid, huh? If you don't understand, just ask.
View OriginalReply0
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