The latest crypto allocations and altcoin selections for Real Vision Bot (Bot), jointly developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden, have been revealed. The bot bets on Solana (SOL), Ethereum (ETH), Cardano (ADA), Polkadot (DOT) and Decentraland (MANA).
MANA is also among the top 10 altcoins that the bot over-allocated
An algorithm has earned a reputation for outperforming the markets. This algorithm, which we know as the Real Vision Bot (Bot), explains the latest portfolio allocations as most cryptocurrencies try to recover from a one-week drop. The bot runs polls every week. In this context, it creates algorithmic portfolio evaluations that create a ‘hive mind’ consensus.
The latest data from the bot shows that the risk appetite of traders has narrowed slightly compared to a week ago. It also reveals that most market participants voted to over-position their portfolios with 18 altcoins. In this election, they prefer 50% extreme positions in leading crypto Bitcoin (BTC) and 27% in Ethereum. This week, Solana moved up to second place in heavyweight allocation with 36%. Cardano, the strong rival of the leading altcoin Ethereum, took the fourth place with 21%.
Cross-chain interoperability protocol Polkadot (DOT) managed to enter the top five with 20% weight. It is followed by the stablecoin USD Coin (USDC) and the popular metaverse coin Decentraland (MANA). Next comes the layer-2 scaling solution Polygon (MATIC). The bot’s order of extreme position allocations is as follows: Bitcoin 50%, Solana 36%, Ethereum 27%, Cardano 2%, Polkadot 20%.
Source: Real Vision Bot/ TwitterReal Vision Bot’s other ‘overweight’ picks
BNB, the native token of popular cryptocurrency exchange Binance, is in ninth place with a 13% weighted allocation. BNB is followed by the enterprise-grade blockchain platform Elrond (EGLD) with 12%. Participants also rated half a dozen other leading altcoin projects 11%, including Enjin Coin (ENJ), Quant Network (QNT), Hedera Hashgraph (HBAR), Algorand (ALGO), FTX Token (FTT) and Avalanche (AVAX). voted “overweight”.
Play-to-earn project Axie Infinity (AXS) received 10% of the vote. Subsequently, Phantom, Ripple and Stellar received excessive position allocations between 6% and 7%. The ones that fell out of favor this week were Aave (AAVE), Cosmos (ATOM) and Chainlink (LINK).
Portfolio distribution created by the bot
The bot also created the latest portfolio allocation based on the survey. Accordingly, the portfolio is led by Bitcoin and Solana, both with 24.9%. They are followed by Cardano with 18.7%, Ethereum with 16.6% and USDC with 14.9%.
The bot also compiles a custom portfolio of its own. In this context, he highlights Bitcoin and Ethereum as notable winners of the week. Eight altcoin projects received between 2% and 6% participation.
Source: Real Vision BotAs we reported on Kriptokoin.com, Real Vision founder and macroeconomics expert Raoul Pal describes the historical performance of the bot as “amazing”. It claims to outperform the top 20 cryptos in the market combined by 20%.
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