Let me talk about several definite hotspots in the next altcoin market.

For the RWA direction, I still lean toward the $ONDO
sector, which will likely continue expanding. Ondo currently has a relative advantage in both market perception and institutional narrative.

For DeFi, the core is still $UNI
. I’ll also keep an eye on MORPHO, but my position may be smaller than UNI. From a risk/reward perspective, Morpho might have more upside elasticity, but its certainty is still lower than UNI’s.

For the retail sentiment direction, it’s still $DOGE
. Many people look down on meme coins, but in a real big rally, DOGE is often the coin that achieves mass consensus the easiest. Especially if Musk adds some emotional fuel, it can easily reignite the market. As for PEPE, it’s been moving sluggishly recently, but it should be fine in the next bull run.

As for a dark horse altcoin, I actually think Algorand is somewhat undervalued. These old projects that nobody talks about for a long time and are at very low levels sometimes produce outsized returns when market rotation kicks in.

My current feeling about TON is that it’s a bit like ZEC back in the day. It will have high buzz and periodic bursts, but its movements will be very emotional, with both surges and pullbacks being extreme.

The altcoin market is slowly regaining main narratives across different sectors. #GUSD年化升至3.8%