A robot that has earned a reputation for outperforming the crypto markets reveals its latest portfolio allocations as the new week begins.
Each week, the Real Vision Bot conducts polls to create algorithmic portfolio scores that match a “Hive Mind” consensus.
The bot’s latest data shows that traders are flocking to digital assets with the highest market caps in the wake of market volatility, and the list is topped by crypto stars Ethereum (ETH) with 60% and Bitcoin (BTC) 56% overweight portfolio allocation.
Third place went to the Layer 1Blockchain-Protocol Solana (SOL) with 30% overweight, closely followed by the Layer 2 scaling solution Polygon (MATIC) and the Cross-Chain Interoperability Protocol Polka dot (DOT)both with an allocation of 27%.
“RealVision Exchange crypto survey latest results. No surprises. Large cap tokens dominate.
1. Ethereum 60%
2. Bitcoin 56%
4. Polygon 27%
5. Polkadot 27%”
Source: Real Vision Bot/Twitter
Other prominent digital assets that participants rated as “overweight” are the Oracle network Chainlink (LINK) and the scalable interoperability ecosystem Cosmos (ATOM)who ranked sixth at 22% overweight.
USD-pegged coin (USDC) was eighth with 18%, and in a three-way tie in ninth with 12% was 3D World Decentraland (MANA)Lending and Borrowing Protocol Aave (AAVE) and decentralized file sharing and storage service Filecoin (FIL).
A handful of popular altcoins are close behind at 11%, including cryptocurrency exchange Binance’s native token BNB, decentralized application building protocol Hedera Hashgraph (HBAR), play-to-earn blockchain game Axie Infinity (AXS)the cross-chain liquidity protocol THORChain (RUNE) and the peer-to-peer video sharing platform theta Network (THETA).
Scalable decentralized blockchain platform Cardano (ADA) and layer-1 smart contract platform Avalanche (AVAX) round out the list of overweight crypto assets with 10% each.
The Real Vision Bot was jointly developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macroeconomics expert Raoul Pal has called the bot’s historical performance “amazing,” stating that it outperforms an aggregate group of top 20 crypto assets in the market by more than 20%.
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Featured Image: Shutterstock/Visual Generation
Source: Crypto News Deutsch