Robot Known for Outrunning Crypto Markets Makes Unexpected Altcoin Allocation – Here’s Its Portfolio

Robot Known for Outrunning Crypto Markets Makes Unexpected Altcoin Allocation – Here’s Its Portfolio

A robot that’s garnered a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as the late July rally fizzles out.

Every week, the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus.

The bot’s latest data finds that traders are voting to overweight their portfolios with a dozen altcoins in addition to crypto stalwarts Ethereum (ETH) at 40% and Bitcoin (BTC) at 30%.

Squeezing into third place with a 22% heavyweight allocation is the native asset of crypto exchange platform FTX, FTX Token (FTT). Rounding out the top five each with a 22% boost were metaverse project Decentraland (MANA) and interoperable blockchain Quant Network (QNT). 

“Latest results of the RealVision Exchange crypto survey. An interesting mix makes it to rank three to five. 

1. Ethereum 40%     

2. Bitcoin 30%     

3. FTX 22%   

4. MANA 22%   

5. QNT 22%”

Source: RealVisionBot/Twitter

Regarding the latest survey-based exchange portfolio allocation, Real Vision says,

“This week’s weights in the RealVision Exchange crypto portfolio. Very broad allocation for the Exchange. The Bot likes it more concentrated but also spices up his allocation with a variety of altcoins.”

Source: RealVisionBot/Twitter

The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.

Real Vision founder and macroeconomic expert Raoul Pal has called the bot’s historic performance “astonishing,” saying it outperforms an aggregated bucket of top 20 crypto assets on the market by more than 20%.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/zeber/Fotomay

Source link

Share This
COMMENTS

Leave a Reply

Your email address will not be published.