Empire Newsletter Segment

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An interesting dynamic is taking place in the market right now: Dinocoins are having a bit of a moment.

In a research note from K33, analysts looked at why institutions favor “older, more established coins over the new shiny things with no track record.”

“This, in turn, is causing more interest among retail investors and traders for the familiar ‘boomer’ or ‘dino’ coins.”

Some of this also comes from the fact that President Trump’s administration has changed the tide, and he’s effectively “given altcoins the institutional stamp of approval.”

“The 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,” the analysts wrote.

“The term ‘boomer’ 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.”

In fact, DOGE is included alongside coins like LTC, XRP, and ADA, the analysts said. Though, let’s 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.