Despite Bitcoin's recent surge and the resurgence of meme coins, the interest in altcoins remains lukewarm. This is evident in the significant drop in video views on cryptocurrency-focused YouTube channels compared to the previous bull run. However, several altcoins are gaining traction, with The Open Network (TON) being a notable exception.

TON, associated with the popular messaging app Telegram, has garnered significant interest and is likely to continue doing so. This is due to Telegram's massive user base of 900 million, which has consistently driven TON's daily active addresses to surpass those of Ethereum since early June. On June 3, TON peaked with 568,830 daily unique wallet addresses compared to Ethereum's 351,000. Additionally, TON's daily transaction count reached a yearly high of 9 million on May 17, significantly surpassing Ethereum's 1.1 million transactions on the same day.

Meanwhile, cryptocurrency analyst Miles Deutscher finds the Real World Assets (RWA) sector particularly attractive. He advocates for accumulating ETH and other altcoins with a medium to long-term perspective, spanning 6-12 months or longer. Deutscher emphasizes the importance of using low volatility periods to position in strong altcoins to effectively weather market fluctuations.

Deutscher considers Mantra, currently trading around $0.75 to $0.85, a promising investment. He also sees high growth potential in the DePIN sector, which is tied to artificial intelligence narratives and innovative projects. Furthermore, meme coins like Pepe and WIF are part of his strategy despite recent declines. He identifies key support levels at $0.11 for PEPE and $2.26 for WIF, expecting these altcoins to reach higher values during the market cycle.