Robot known for outperforming crypto markets makes unexpected altcoin allocation – here’s the portfolio
A robot that has gained a reputation for outperforming the crypto markets is revealing its latest portfolio allocations as the late July rally comes to an end.
Every week Real Vision Bot conducts investigations to create algorithmic portfolio assessments in accordance with a “hive mind” consensus.
The pen’s last data finds that traders are voting to overweight their portfolios with a dozen altcoins in addition to crypto stalwart 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). The Metaverse project Decentraland rounded out the top five each with a 22% increaseMANA) and interoperable blockchain Quant Network (QNT).
“Latest results from the RealVision Exchange crypto survey. An interesting mix makes it rank three through five.
1. Ethereum 40%
2. Bitcoin 30%
3. FTX 22%
4. MANA 22%
5. QNT 22%”
Regarding the latest survey-based exchange portfolio allocationsays Real Vision,
“This week’s weights in the RealVision Exchange crypto portfolio. Very broad allocation for the Stock Exchange. The bot likes it more concentrated, but also spices up the allocation with a number of altcoins.”
Real Vision Bot was developed by quant analyst and hedge fund manager Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macroeconomic expert Raoul Pal has called bot’s historical performance “amazing,” saying it outperforms a combined bucket of the top 20 cryptoassets on the market by more than 20%.
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Featured image: Shutterstock/zeber/Fotomay
