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This is a segment from the Empire newsletter. To read full editions, <\/em>subscribe<\/em><\/a>.<\/em><\/p>\n An interesting dynamic is taking place in the market right now: Dinocoins are having a bit of a moment.\u00a0<\/p>\n In a research note from K33, analysts looked at why institutions favor \u201colder, more established coins over the new shiny things with no track record.\u201d<\/p>\n \u201cThis, in turn, is causing more interest among retail investors and traders for the familiar \u2018boomer\u2019 or \u2018dino\u2019 coins.\u201d<\/p>\n Some of this also comes from the fact that President Trump\u2019s administration has changed the tide, and he\u2019s effectively \u201cgiven altcoins the institutional stamp of approval.\u201d<\/p>\n \u201cThe typical (young) altcoin trader favors the latest trending DeFi token or the latest memecoin looking to cook a 100x run. In contrast, cautious long-term participants seek out what they perceive as safer bets,\u201d the analysts wrote.\u00a0<\/p>\n \u201cThe term \u201cboomer\u201d may be facetious, but it reflects how older, or at least more institutionally minded, investors are now firmly marking their territory in the crypto space. Such investors are more comfortable with assets that have weathered market cycles while being supported by entities that present in a professional manner.\u201d<\/p>\n In fact, DOGE is included alongside coins like LTC, XRP and ADA, the analysts said. Though, let\u2019s be fair: ADA and XRP have massive, heavily-focused (or obsessed depending on who you talk to) retail followings. That following is quite different from the institutions that are looking for altcoin exposure.\u00a0<\/p>\n ADA, for example, has been dubbed a so-called Ethereum killer, but that narrative hasn\u2019t quite played out. Though there are plenty of comments one could make about the state of Ethereum right now, so perhaps I\u2019m speaking too soon.<\/p>\n Ironically, this also fits into what Dedic and Pomp said about founders: Folks are looking for coins that can survive the narratives.\u00a0<\/p>\n Whether or not the use cases for some of these dinocoins have come to fruition, they\u2019re still around and kicking and they\u2019ve managed to gain a spotlight \u2014 not just a post from the president.\u00a0<\/p>\n Get the news in your inbox. Explore Blockworks newsletters:<\/strong><\/p>\n This is a segment from the Empire newsletter. To read full editions, subscribe. An interesting dynamic is taking place in the market right now: Dinocoins are having a bit of a moment.\u00a0 In a research note from K33, analysts looked at why institutions favor \u201colder, more established coins over the new shiny things with no […]<\/p>\n","protected":false},"author":2,"featured_media":381483,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-381477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=381477"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381477\/revisions"}],"predecessor-version":[{"id":381484,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381477\/revisions\/381484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/381483"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=381477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=381477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=381477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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