What’s new fam

As usual, ETH is stuck in a rut—ranging sideways without much action—it’s like watching paint dry. 😴

But while ETH is spinning its wheels, something big is happening elsewhere that you need to know about.

Bittensor (TAO) has been breaking out, leading the charge in the AI sector.

But what is Bittensor, and why should you care?

We’re diving deep into this game-changing project that’s redefining AI by decentralizing its development, allowing everyone to contribute—and benefit.

Plus, tired of chasing tokens that go nowhere? Our Token Sentinel pro tips will help you cut through the noise and find the real winners—the ones that could be your next 10x.

Ready to stop chasing shadows and start making informed moves?

Finally, make sure you tune into our first Castle Conversations on X, where we are sitting down with some Arbitrum heavyweights to discuss derivatives and composability.

Today at 2 pm UTC - set your reminder here!

Let’s dive in.

🐉 TOKEN SENTINEL TOP TIPS

Tools like Token Sentinel give you a powerful edge in discovering early tokens, but they can only take you so far. To truly master the art of finding the next big thing, you need a strategy. There’s no magic formula, but our chads at Castle have honed a checklist that minimizes your chances of getting rugged and securing your next 10x.

Ready to level up your alpha hunting? Let’s break it down.👇

Avoid Solana Tokens: Too Much Noise, Too Little Success

Let’s start with a hard truth: Not all chains are created equal when it comes to early tokens. Solana might be a hotbed of activity, but the sheer volume of tokens and noise means the percentage of success is drastically lower. Focus your energy where the odds are better.

Social Score: Stick to High Social Scores

A solid social score is your first indicator of whether a token is gaining traction. Aim for a score of at least 400-500. This isn’t just about popularity—it’s about identifying tokens that are starting to resonate with the community.

High Profitable Shillers Score (At Least 5)

Finding top shillers is key. Once you identify them, start tracking their success rate. Aim for a score of at least 5—this means the shiller has a track record of backing winners.

Analyze On-Chain Data and Whale Behavior

Once you’ve identified a promising token, it’s time to dive deeper. Explore on-chain analytics to see how snipers and whales are behaving. Token distribution is another crucial factor—are a few addresses holding a large percentage of the supply?

Token Sentinel: Continually Improving

Token Sentinel is evolving alongside you. Soon, you’ll be able to filter tokens by your preferred chains and more. We’re constantly working to give you the best tools to stay ahead of the market.

Limitations to Keep in Mind ⚠️

Even with all these tools, remember that:

1. Following ≠ Aping: Just because someone follows or tweets about a token doesn’t mean they’re investing. We make educated guesses, but on-chain verification isn’t possible.

2. High Social Score Isn’t Everything: A high social score could be due to initial hype or older projects with new life. Always check when the follower was detected.

3. Delay in Detection: The follow detection time shows when Token Sentinel detected the activity, not necessarily when it happened. While we strive to minimize delays, they’re not entirely avoidable.

Ready to start?

Token Sentinel on Telegram | Castle’s Web3 Graph on X

Let’s make smarter, more informed decisions together. 💪

📈 HTF PRICE ACTION

Gm frens!

It’s been a quiet week for ETH, with the price continuing its downward/sideways drift as expected. If you’ve been watching the charts, there’s not much excitement here:

• HTF Bullish Trend

• Price Dipping Below EMAs

• Expecting Sideways Price Action

While ETH’s performance might feel like a bit of a buzzkill, let’s switch gears and look at something that’s actually heating up—the leading coin in the AI sector, Bittensor (TAO)!

• HTF Bullish

• Expansion Out of Accumulation

• Slightly Overextended

Now this is a chart that gets you excited! TAO has been playing out the kind of price action we eventually want to see from ETH. After a long period of accumulation below the EMAs (as seen in the green box), TAO is now breaking out, pushing higher with strong momentum.

Here’s the game plan:

As TAO continues to move, watch for a pullback and a new accumulation phase on lower timeframes. Once TAO starts expanding again from there, it could be a good opportunity to put some risk on.

This isn’t exactly actionable alpha right now, but it’s a perfect example of the type of price action we’re waiting for from ETH. When ETH eventually follows this pattern, we’ll be ready to fully align with a bullish bias.

Until then, trade responsibly and I’ll see y’all next time!

☯️ Bittensor as a Concept

So seeing as we are having an AI recovery, and even Vlad is charting it — let’s look at what the hell Bittensor is.

Imagine a world where AI development isn’t locked away in the vaults of tech giants but instead driven by a global network of contributors—each adding to a vast, collective intelligence.

This is the bold vision behind Bittensor (TAO), a decentralized protocol that seeks to democratize AI creation and access. In an era where data is power, Bittensor promises to put that power back into the hands of the community.

At its core, Bittensor is an open protocol that incentivizes creating and sharing machine intelligence models. It functions like a decentralized marketplace, where contributors are rewarded with TAO tokens for their efforts in training AI models, contributing computational resources, and sharing valuable data. Unlike centralized AI systems, Bittensor allows anyone to participate in and benefit from the growth of AI.

How It Works

Bittensor operates as a decentralized neural network. Contributors connect to the network and offer computational resources or improve existing AI models. The network then evaluates these contributions, and those that add value are rewarded with TAO tokens. This process creates a self-sustaining ecosystem where the best contributions are continually recognized and incentivized.

Bittensor’s design encourages diversity and collaboration, creating an environment where AI models can evolve based on a wide range of inputs and perspectives. This not only enhances the quality of the AI but also ensures that it remains open and accessible.

The Vision

Bittensor is more than just a protocol; it’s a movement towards a more equitable AI landscape. By leveraging the power of decentralization, Bittensor aims to create a global AI network that is as diverse and dynamic as the people contributing to it.

Conclusion

This is just the start of our exploration into Bittensor. Next week, we’ll dive deeper into the unique incentivization model that powers this network and how it’s driving innovation in AI development.

🔍️ MARKET WATCH

As we find ourselves in another action-packed week, here’s what going on past, present, and future.

WHAT’S HAPPENING THIS WEEK

Key Events

• Mon 23: $HMSTR Binance Launchpool Farming begins.

• Tue 24: $SOCIAL Bybit Launchpool Farming kicks off, plus DAO updates. Multiple delistings including $VGX, $LOOM, $ZCX, and $MAPO.

• Wed 25: $EOS HardFork—expect potential market reactions.

• Thu 26: $HMSTR listing on Binance, OKX, and Bybit. $BNB Bohr HardFork also set to go live.

• Fri 27: NMR’s switch from V4 to V5, and LFW gets delisted on Bybit.

• Sun 29: The highly anticipated release of CZ from prison.

Project Releases & Proposals

• $JUP: Jupiter Exchange Mobile App & Ape Pro launching this week—watch for market reactions.

• $Tabi: Testnet V2 launching with token incentives—could stir interest.

• $ETHFI: A hefty $37M worth of $ETHFI is being unlocked for the S3 airdrop—keep an eye on price action.

• $MKR: MakerDAO is proposing product deployment on Solana—this could be a major move for both ecosystems.

Token Unlocks

• Sep 25: $VENOM—$25.55M, over 12.66% of circulating supply.

• Sep 27: $YGG—$6.5M, over 3.65% of circulating supply.

• Sep 28: $AGIX—$5.82M, over 1.63% of circulating supply.

• Sep 29: $ENA—$4.3M, over 0.78% of circulating supply.

• Sep 30: $OP—$55.47M, over 2.64% of circulating supply.

Macro Events

• Thu 26: Key economic indicators to be released including US GDP (QnQ 1Q), US Jobless Claims, and remarks from Fed Chair Powell.

• Fri 27: US Core PCE—expect significant market moves based on this data.

DATA BITES

Stablecoins at ATH

Stablecoins’ market cap and transfer volumes have hit an all-time high—indicating growing demand and adoption.

Bitcoin & Election Years

History shows Bitcoin's performance spikes during U.S. election years. This pattern could offer predictive value.

SUI Inflation

$SUI's inflation rate peaked in May 2024, leading to a bottom in price in July, which has since doubled. Keep an eye on this pattern for future opportunities.

As the week unfolds, stay sharp, keep these events on your radar, and be ready to adapt as the markets react. The opportunities are there—let’s seize them.

🔑 KEY NEWS

MAJOR HEADLINES

• Revolut to launch a stablecoin

• Wisdom Tree launches RWA tokenization platform on Ethereum for businesses and institutions

• Franklin Templeton plans to launch mutual fund on Solana

PROJECT UPDATES

• BananaGun got exploited (fixed)

• BingX hot wallet hacked while DeltaPrime got exploited

• Bonk Inu announced plans to launch ETP in US

• Wallet Connect introduces their token

• Eigen S2 claims went live and token transferability date announced

• Treasure DAO migrating to zkSync officially

• Polymarket considering token launch & new fundraising round

• SKY (ex MAKERDAO) has officially went live

• Ethena introduces sENA 

INTERESTING PROJECTS

• Bullet: L2 on Solana by Zeta Market team

• Fill City: Perp dex on Solana

• Pump.Science: Pump.Fun clone but for Decentralised Science

• Fhera: On-chain cipher data base with FHE solutions

As we close out this week, let’s not dwell too much on ETH’s sluggish pace. Instead, let’s focus on where the real action is—and where it’s heading. Bittensor is just the beginning of how AI and blockchain are converging to create something truly revolutionary. It’s projects like these that have the potential to redefine entire industries, and being ahead of the curve now could pay off massively down the line.

But don’t stop there. The market moves fast, and those who stay informed and agile are the ones who thrive. The future belongs to those who are prepared.

So, as we look to the week ahead, ask yourself: Are you ready to spot the next breakout? Are you prepared to adapt and capitalize on emerging trends? The opportunities are out there—let’s go seize them.

OUR ECOSYSTEM ALIGNMENT

⚔️ A CALL TO ARMS

Think you have what it takes to enter the Castle and contribute to research and writing in the collective, or maybe you want to invest in and advise projects?

We are always looking for well-connected, talented, or simply hungry contributors who can get involved across a range of activities.

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In our newsletter, we may discuss projects or tokens in which we hold positions. While we aim to provide informative content, our views are not financial advice. Please conduct your research and consult professionals before making investment decisions. Crypto markets are volatile, and past performance doesn't guarantee future results. Invest responsibly, and be aware of the risks. Your capital is at risk, and we do not accept liability for any losses.