Out With The New, In With The Old
The altcoin space is going through another cleanse, and many recently launched projects will never be heard of again. Meanwhile, a select group of battle-tested coins continue to prove their staying power.
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TLDR
- Older altcoins like LTC and XRP continue to garner attention due to regulatory victories and historical resilience, which has led to further interest from institutions and retail investors.
- Trump’s mention of XRP and ADA in a national crypto reserve coincides with rising odds for spot altcoin ETF approvals for older altcoins such as LTC, XRP, and even DOGE.
- We speculate that older investors and institutions prefer long-standing altcoins as they are familiar, have survived multiple cycles, and present in a professional manner.
- There is currently a strong narrative for institutional adoption of a short list of "dino" altcoins, but we consider the timing of such a trade.
