Older cryptocurrencies with an exchange-traded fund (ETF) or expected to receive an ETF will soak up much of the capital deployed during the next altcoin season, according to Maen Ftouni, CEO of CoinQuant, a company that produces algorithmic trading tools.
“Not every single coin is going to have massive returns; the liquidity is going to be concentrated into certain places, dinosaurs being one of them, of course,” Ftouni told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE.
Ftouni said institutional capital will be directed toward “dinosaur” coins, and attributed the 2024 rally in older cryptocurrencies like XRP XRP$2.40 and Cardano ADA$0.58
to this phenomenon. He said:
“Since the flow of funds is coming mostly from traditional finance and ETFs at the moment, those people are probably looking at these major coins, all the coins established that have the potential of getting an ETF, and this is why we're seeing this rise in these dinosaurs.”
The prediction comes amid a debate between market analysts about the structure and market dynamics of the crypto market and how this will affect the onset of altseaon, a sustained rally in altcoin prices, during the current market cycle.
