A robot renowned for outperforming an aggregated basket of the top 20 crypto assets presents its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) battle to stay afloat.
Each week, the Real Vision Bot conducts surveys to create algorithmic portfolio valuations consistent with a “hive mind” consensus.
The bot is the newest Data finds traders’ risk appetite has declined slightly from recent weeks, with most market participants voting to overweight their portfolios with just nine altcoins in addition to crypto mainstays Bitcoin at 57% and Ethereum at 43% .
Latest Real Vision Exchange Crypto Survey Results. Bitcoin Returns to No. 1. AAVE and Binance Surprise.
3. I have 33%
4. Solana 29%
5. Binance 20% »
Respondents rated four other leading digital assets as 16% overweight, including the Layer 2 scaling solution Polygon (MATIC), stablecoin pegged to the dollar US dollar coin (USDC), smart contract platform Algorand (ALGO), and challenger ETH gimbal (ADA).
ALGO and ADA made headlines this week after the announcement this great architect of Cardano, John Woods, left Input Output Global (IOG) to go work for Algorand.
The Layer 1 smart contract platform rounds out the list of 14% overweight digital assets. avalanche (AVAX).
Cryptocurrencies that fell from the overweight list into “neutral” this week include decentralized cross-chain liquidity protocol THOR Chaindecentralized application creation protocol Hedera Hashgraph (HBAR), and 3D virtual reality world Decentralized (MANA).
The Real Vision Bot was co-developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
Raoul Pal, founder of Real Vision and expert in macroeconomics, has called the bot’s historical performance is “astonishing”, claiming that it has historically outperformed a bucket of the top 20 crypto assets in the market by more than 20%.
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