An algorithm known for performing well in the cryptocurrency market is in the midst of the ongoing crypto winter bitcoin (BTC) and altcoin assets shared portfolio distributions.
Real Vision Bot shared a ‘survey’ each week that did not compile algorithmic portfolio assessments with a ‘hive mind’ consensus.
The bot’s latest data shows crypto traders Ethereum (ETH) revealed that he continues to prefer. As a result, the majority of participants prefer ETH heavily in their portfolios. Bitcoin also ranked second with a performance close to Ethereum.
Third, layer-2, designed to help Ethereum scale polygon (MATIC) is included. After MATIC is Circle’s stablecoin USD Coin (USDC).
“The latest results of the Real Vision Exchange crypto survey. Ethereum, Bitcoin and Polygon continue to rank in the top 3, followed by USDC. The average (median) of crypto in the portfolios of the participants decreased and fell to 25%.”
Interoperability blockchain Polkadot (DOT) is fifth on the list, while Ethereum competitor Solana (SOL) is sixth.
As for RealVision Bot’s picks, the algorithm weights 33% to Bitcoin and 32.3% to Ethereum. After these top two, MATIC has 21.1%, decentralized exchange Uniswap (UNI) has 3.91%, decentralized oracle network Chainlink (LINK) has 3.25% and Litecoin (LTC) has 2.28%.
As Koinfinans.com reported, Real Vision Bot was jointly developed by quantitative analyst Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macro guru Raoul Pal described the bot’s historic performance as “amazing”. The former Goldman Sachs executive says the bot outperformed a combined grouping of the top 20 cryptoassets in the market by more than 20%.
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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.