A trading bot that has earned a reputation for outperforming the markets reveals its latest portfolio allocations as most cryptocurrencies seek to recover from a general downtrend.
Each week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate consensus “hive mind”.
The last of the bot Data reveals that traders’ risk appetite has dropped significantly over the past week, with most market participants voting to overweight their portfolios with 11 altcoins in addition to top crypto assets Bitcoin (BTC) and Ethereum (ETH).
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The dollar-pegged stablecoin US Dollar Coin (USDC) took the top spot with an increased allocation of 33%, while last week the altcoin was around 20%.
Four crypto assets tied for second place were voted 22% heavyweights: leading smart contract platform Ethereum, native token BNB from popular cryptocurrency exchange Binance, fan token network Sports Chiliz (CHZ) and Bitcoin.
“Latest Real Vision Exchange Crypto Survey Results. Mode of risk reduction. Low overall % for overweight risky tokens. USDC on #1.
2. Ethereum 22%
3. Binance 22%
4. Chilli 22%
5.Bitcoin 22% »
Tied for sixth place with a 20% increase were decentralized application builder protocol Hedera Hashgraph (HBAR) and layer 2 scaling solution Polygon (MATIC).
The following major digital assets all received an 11% “overweight” allocation: virtual reality world Decentraland (MANA), scalability and interoperability ecosystem Cosmos (ATOM), Ethereum-based blockchain gaming network Enjin Coin (ENJ) and the Solana (SOL) Platform Layer 1 Smart Contract.
The last altcoin pair to receive a hefty 10% allocation was the FTX Token (FTT) from cryptocurrency exchange FTX and enterprise-grade interoperability solutions provider Quant Network (QNT).
The latest survey-based exchange portfolio allocation is led by USDC at 23.4%, followed by Polygon at 18.8%, Binance and Chiliz at 15.6%, Cosmos and Hedera Hashgraph each at 9, 38%, and finally FTX Token at 7.81%.
The bot itself also compiles a custom wallet, and Real Vision reports that MATIC leads with 27.9%, followed by BNB and CHZ at 22.6%, and ATOM with 14.8%.
Five digital assets received between 1.5% and 3.5%, including QNT, BTC, ETH, decentralized storage network Filecoin (FIL) and lending and borrowing protocol Aave (AAVE).
The Real Vision Bot was co-developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macroeconomics expert Raoul Pal called the bot’s historical performance “astonishing,” saying it outperforms an aggregate bucket of the top 20 crypto assets in the market by more than 20%.
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Robot Known For Outperforming Crypto Markets Kicks Into Higher Gear As Bitcoin Tests $20,000
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