Algorithm Known for Outperforming Crypto Markets Favors Ethereum (ETH), Terra (LUNA), Solana (SOL) and One Additional Altcoin
A robot that’s earned a reputation for outperforming the markets is revealing its latest crypto portfolio allocations.
Every week, the Real Vision Bot conducts surveys of cryptocurrency-related data in order to create an algorithmic portfolio assessment consistent with the consensus of the “hive mind.”
Real Vision says that the bot has had an “astonishing” record as it outperforms the aggregated bucket of the top-20 crypto assets on the market by more than 20%, simply by taking surveys from traders.
In a new tweet, Real Vision announces that decentralized stablecoin issuer Terra (LUNA) has reclaimed the top spot of most heavily weighted digital assets at 70%.
A hair’s breadth behind is leading smart contract platform Ethereum (ETH) also at 70% overweight.
Ranked third this week is top crypto asset by market cap Bitcoin (BTC) with 67% of survey participants voting to buy-in above the average.
Tied for 4th place at a 60% allocation are layer-1 blockchain protocol Solana (SOL) and the layer-2 scaling solution Polygon (MATIC).
The chart above also reveals that competing layer-1 smart contract platform Avalanche (AVAX) and scalability and interoperability ecosystem Cosmos (ATOM) are ranked a tiny fraction behind SOL and MATIC.
When it comes to actual portfolio allocations, the survey respondents favor Polygon at 17.4% with Terra ranked second at 12.2%.
Solana, Cosmos and Avalanche round out the top-5 all with 11.3%. allocations.
The bot itself also compiles its own portfolio. Currently, its primary crypto assets of interest are Terra at 31.8%, Bitcoin at 23.6% and Ethereum at 21.2%.
Decentralized cross-chain liquidity protocol THORChain (RUNE) at 17.3% is the final crypto asset with more than a 10% portfolio allocation.
The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
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