Analysis of Web3 Market Trends and Hot Projects

1. Market Highlights

1. Macroeconomic Environment

Goldman Sachs has adjusted its expectations for interest rate cuts by the Federal Reserve, lowering the anticipated cut from 100 basis points to 75 basis points this year. The report indicates that the annualized increase in core Personal Consumption Expenditures (PCE) inflation from September to November last year was 2.5%, slightly higher than the previous three months, but still below the year-on-year increase, showing a continued trend of declining inflation. Revised data from the Dallas Fed shows that the inflation rate dropped to 1.8% in November last year. At the same time, the labor market is gradually tightening, with the annual wage growth rate slowing to 3.9%. If future productivity growth remains between 1.5% and 2%, it will align with the 2% inflation target.

2. Cryptocurrency Tax Policy

The IRS has postponed the implementation of cryptocurrency tax reporting rules until December 31, 2025, providing brokers with more time to adapt. The new regulations require the use of the first-in, first-out (FIFO) accounting method for crypto assets starting January 1, 2025, unless other methods such as highest-in, first-out (HIFO) or specific identification (Spec ID) are chosen. This temporary relief measure is expected to benefit cryptocurrency holders on centralized finance (CeFi) trading platforms in 2025.

3. Hot Topics

New Ideas for the Economic Reconstruction of Syria

A Syrian non-governmental organization has proposed establishing a banking system based on the Bitcoin network to facilitate the country's economic reconstruction. The proposal aims to protect the public from the effects of inflation and currency depreciation, and to provide new solutions for a country facing economic difficulties. The proposal suggests that the government establish a comprehensive regulatory framework to legalize the trading and mining of Bitcoin and other digital assets, while also considering the digitization of the Syrian pound and supporting it with assets including the US dollar and Bitcoin.

Ethereum Weekly News Ceases Operations

The Ethereum Weekly News (WiE) announced that it will cease operations on January 1, 2025. The founder stated that this decision stems from communication with the leadership of the Ethereum Foundation (EF), which has diminished its perception of WiE's value and will only provide symbolic support in 2024. WiE has failed to find a sustainable business model, and advertising and sponsorship revenue have been insufficient to maintain operations. This event also reflects the issue within the Ethereum ecosystem of being overly focused on code development and research, while neglecting other important contributions.

The Impact of Social Media on the Cryptocurrency Market

Recently, a well-known tech entrepreneur's name change on social media has caused fluctuations in the cryptocurrency market. He renamed his account to "Kekius Maximus" and used a PEPE frog as his avatar, which led to a rapid increase in the price of the similarly named KEKIUS token. Although the entrepreneur did not directly mention any relationship with the KEKIUS token, his social media activities had a strong impact on the cryptocurrency market. Subsequently, the price of the KEKIUS token dropped four times from its peak level, showing that the market is extremely sensitive to its dynamics.

2. Hot Projects

T3AI - AI-driven DeFi network protocol

T3AI is a DeFi network protocol that combines AI, aiming to address the issues caused by excessive collateralization in the DeFi ecosystem. The project introduces a dedicated AI agent as a trusted intermediary, ensuring loan repayability through dynamic risk management algorithms, while allowing users to freely invest, trade, or stake on-chain for higher capital returns.

The token distribution of T3 is:

• 90.5% for free circulation
• 9.5% for development rewards and community activities
• 0.175% has been sold to cover the infrastructure costs for January 1, 2025.

Loan Income Distribution:

• 0.3% of total revenue
• 80% used for buyback
• 10% payment in $T3AI tokens
• 90% payment in SOL or USDC

The project has recently experienced a price surge, and the development team conducted a large-scale sell-off at 4 AM, claiming it was for infrastructure development.

3. Sector Rotation

Recent market hotspots and changes within sectors can be analyzed through charts on professional data platforms. These data reflect the market performance and changes in investor attention for different cryptocurrency projects and sectors.