2D
...
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.
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)…
Read more on Blockworks