Web3 AI Daily Review (2024/12/12)

1. Attention Value - Market Highlights

1. Market Trends

(1) Macroeconomic Environment:
l U.S. November CPI Data Released: Tech Stocks Surge, Nasdaq Hits All-Time High, Is Rate Cut Inevitable?
On December 12, the U.S. Bureau of Labor Statistics released the November Consumer Price Index (CPI) data, showing a year-on-year increase of 2.7%, slightly higher than October's 2.6%, and in line with market expectations. Month-on-month, the CPI rose by 0.3%, up from last month's 0.2%, marking the largest increase since April this year. Core CPI remained at 3.3% year-on-year, with a month-on-month increase of 0.3%, unchanged from the previous value.
These data boosted market expectations for the Federal Reserve to cut rates by 25 basis points at next week's meeting, with the probability of a rate cut exceeding 96%. Analysts pointed out that despite easing inflation pressures, economic growth continues to show resilience, leading policymakers to adopt a more open attitude towards stimulating economic growth.
As a result, major U.S. stock indices rebounded across the board. By Wednesday's close, the Dow Jones Industrial Average fell slightly by 0.2%, while the S&P 500 rose by 0.8%, and the Nasdaq surged by 1.77%, breaking the psychological barrier of 20,000 points for the first time. Tesla's stock price rose nearly 6%, leading tech giants like Google, Meta, and Amazon to reach new highs. Meanwhile, cryptocurrency-related stocks also performed strongly, with MicroStrategy up over 9% and Coinbase up nearly 4%.
(2) Web3 Sector:
l U.S. CPI Data Released, Crypto Market Recovers, Bitcoin Returns to $100,000
Following the release of the U.S. CPI data yesterday, the overall crypto market showed signs of recovery. Bitcoin rose by 4.5%, breaking back above $100,000, while Ethereum's price also surpassed $3,800. Altcoins generally rebounded, returning to levels prior to yesterday's decline. Data showed that net inflows into U.S. Bitcoin spot ETFs reached $223 million yesterday, with over 970 million USDT flowing from Tether into centralized exchanges in the past 24 hours, indicating active market trading and strong bullish sentiment. In the meme coin sector, Dogecoin (DOGE), Shiba Inu (SHIB), WIF, BONK, and FLOKI all rose by double digits. Additionally, AI-related tokens like NEAR, ICP, and Render also achieved over 10% gains, reflecting ongoing market interest in emerging sectors.

2. Hot Events

(1) Macroeconomic Environment:
l Brian Quintenz Emerges as a Top Candidate for CFTC Chair, May Influence Crypto Regulation Under Trump Administration
Brian Quintenz, former Republican CFTC commissioner, has become a leading candidate to head the U.S. Commodity Futures Trading Commission (CFTC), potentially signaling a significant shift in crypto regulation during President Donald Trump's administration. According to sources, Quintenz has interviewed for the position and currently handles policy affairs in the digital asset division at venture capital firm Andreessen Horowitz's a16z Crypto. Although neither Quintenz nor a16z's spokesperson commented on this, the news has garnered widespread market attention. A spokesperson for Trump's transition team also did not respond to inquiries.
(2) Web3 Sector:
l Nature Reports on ResearchHub: Scientists Earn More from Crypto Peer Review than Professors' Salaries
The globally renowned scientific journal Nature reported on December 11 about the DeSci project ResearchHub, which incentivizes academic peer review through its native token RSC, offering approximately $150 worth of tokens for each paper reviewed to conduct independent evaluations of new research papers. The article noted that this model provides economic opportunities for some, particularly highlighting that Pedro Paulo Gattai Gomes, a molecular biology consultant in São Paulo, has earned more from reviewing papers for ResearchHub than his salary as a professor at an academic institution. Gomes reviews an average of 15 papers per month, earning ResearchCoin (RSC) tokens worth $150 for each review. He stated, "Paid peer review is just, as unpaid work without even a word of thanks is very unfair."
Following the announcement, the price of $RSC surged. According to CoinGecko data, RSC skyrocketed by 22.7% in the past 24 hours, reaching as high as $1.04.

3. Hot Narratives

l The Resurgence of Decentralized Science (DeSci): New Opportunities and Challenges in the Crypto Industry
Recently, decentralized science (DeSci) has become a hot topic in the crypto industry. According to Google Trends data, this keyword reached its highest search popularity in five years at the end of November. DeSci is actively addressing fundamental challenges faced by traditional science, such as funding shortages, data sharing, and collaboration, with applications extending to various specific fields like advancing research, reducing gene testing costs, and treating hair loss.
With the rise of tokens like $RIF and $URO, DeSci has attracted significant attention and speculation from investors, but it has also faced some skepticism, leading to a decline in enthusiasm. However, with today's report and support from Nature regarding ResearchHub, this sector has once again captured public interest. DeSci is entering a period of explosive growth, and currently, according to CoinGecko data, the total market capitalization of leading DeSci tokens has surpassed $1.2 billion, highlighting the immense development potential and market recognition of this field.

2. Attention Value - Hot Projects

1. Project Introduction
l $arc | AI | @arcdotfun
- Building Rig, a Rust library for creating scalable, modular, and ergonomic LLM-driven applications.
- $arc is the token of the rig framework's founder @Playgrounds0x.
- Built on Rust, native to Solana, with optimal speed, scalability, and security.
- Roadmap: 1. Multi-agent system; 2. Platform-specific agents (Discord, TG, Notion, Slack, etc.); 3. Agents with on-chain operation capabilities; 4. Agents for reading on-chain data; 5. Integration with other agent (depin) networks; 6. Educational content to help developers better understand their platform.

3. Attention Value - Sector Rotation

1. Hot Sectors

Source: Dune, Dot Labs

Source: Dune, Dot Labs
2. Internal Sector