- As most cryptocurrencies try to recover after a week of declines, a trading robot with a reputation for outperforming the markets has announced its latest portfolio allocations.
As Real Vision Bot conducts surveys each week, it performs algorithmic portfolio assessments that build a “hive mind” consensus. they say.
Real Vision Bot, once a week hive mind conducts surveys to generate algorithmic portfolio assessments that reveal consensus (a conceptual entity made up of large numbers of people who share knowledge or opinions with one another and are deemed to produce uncritical relevance or collective intelligence).
The Real Vision Exchange Crypto Survey allows participants to rate 30 tokens and each coin overweight (in which the investor thinks the coin will outperform other coins in the market sector) or underweight It is designed to monitor sentiment among investors by allowing them to choose whether to classify as (this classification indicates that this coin may not be a good investment).
Altcoin Allocation Data
The latest data from the bot reveals that the risk appetite of traders has narrowed slightly from a week ago; most market participants voted for 18 altcoins for their portfolio, led by the leading crypto assets Bitcoin (BTC) and Ethereum (ETH). The weights of BTC and ETH were 50 percent and 27 percent, respectively.
Tier 1 smart contract platform Solana (SOL) 36 percent overweight ETH rival Cardano (ADA) took the fourth place with 21 percent.
It is a cross-chain interoperability protocol. Polkadot (DOT)20 percent overweight round out the top five, followed by the dollar-pegged stablecoin US Dollar Coin (USDC), virtual reality universe Decentraland (MANA), and layer-2 scaling solution Polygon (MATIC).
“Latest Real Vision Exchange cryptocurrency survey findings. Solana overtakes Ethereum? USDC climbs to sixth place.
1. Bitcoin 50%
2. Fade 36%
3. Ethereum 27%
4. Cardano 21%
5. Polkadot 20%”
Native token of popular cryptocurrency exchange Binance Binance Coin (BNB) on the other hand, it ranks ninth with 13 percent heavyweight allocation, followed by an enterprise-grade blockchain platform with 12 percent. Elrond (EGLD) followed.
Participants also participated in the Ethereum-based blockchain gaming network. Enjin Coin (ENJ)enterprise-grade interoperability solution provider Quant Network (QNT)tier-1 smart contract platform Avalanche (AVAX)decentralized application creation protocol Hedera Hashgraph (HBAR)decentralized network Algorand (ALGO) and FTX cryptocurrency exchange FTX Token (FTT) rated half-dozen other leading digital assets as “overweight” by 11%.
play win war game Axie Infinity (AXS) While 10 percent voted, the following altcoins received between 6 percent and 7 percent overweight allocations: enterprise-grade blockchain platform Phantom (FTM)distributed ledger XRP and decentralized payment network Stellar (XLM).
The ones that fell out of favor with investors this week are the lending and borrowing protocol. AAVE (AAVE)scalability and interoperability ecosystem Cosmos (ATOM) and decentralized oracle network Chainlink (LINK) it happened.
The latest exchange portfolio allocation based on the survey is led by Bitcoin and Solana, both at 24.9 percent, followed by Cardano at 18.7 percent, Ethereum at 16.6 percent, and USDC at 14.9 percent.
The bot is also compiling a custom portfolio of its own, and Real Vision highlighted Bitcoin and Ethereum as notable winners of the week, while eight altcoins received between 2% and 6% participation.
Real Vision Bot is a collaborative project developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macroeconomics expert Raoul Pal described the historic performance of the bot as “astonishing” and claimed it outperformed the top 20 cryptoassets in the market combined by 20 percent.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.