The robot, which has an algorithm that investors trust, chooses cryptocurrencies for them. This robot is claimed to outperform Bitcoin and altcoin markets. This algorithm has announced the new altcoin selections for this week.
The first place in the selection of Real Vision Bot is the same as the market: BTC and ETH
cryptocoin.com As you follow, Bitcoin (BTC) and Ethereum (ETH) are trying to survive in the midst of strong winds. Investors, on the other hand, are looking at altcoin projects that they expect will perform well in the crypto winter. Meanwhile, a robot famous for its cryptocurrency picks is sharing its latest portfolio allocations.
Every week, Real Vision Bot conducts algorithmic portfolio assessments consistent with the “hive mind” consensus. In this context, it conducts surveys to create a portfolio. Robot’s latest data reveals that investors’ risk appetite is increasing. Most market participants voted to overdo their portfolio with 17 altcoins. In addition to other cryptos, participants support Bitcoin by 69% and Ethereum by 62%.
Other altcoin projects chosen by the legendary robot
In third place is Solana (SOL), a layer 1 blockchain protocol with a weight of 58%. BNB, the native token of the popular cryptocurrency exchange Binance, comes next with 33%. Tier-2 scaling solution Polygon (MATIC) follows BNB with 31%. RealVision
Other prominent digital assets that respondents voted “overweight” include Avalanche (AVAX) with 25%. In addition, the decentralized Blockchain Cardano (ADA) is also on the list with 20%. In addition, it is followed by the cross-chain liquidity protocol THORChain (RUNE) with 20% and the application-Hedera Hashgraph (HBAR) protocol and the virtual world Decentraland (MANA) with 18%.
Polkadot (DOT), the cross-chain interoperability protocol, received 16% more votes. The dollar-pegged stablecoin US Dollar Coin (USDC) trailed just one percentage point. Seven other altcoins, including Oracle network Chainlink (LINK) and smart contract platform Fantom (FTM), received between 8% and 9%.
The Real Vision Bot was jointly developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden. Real Vision founder and macroeconomics expert Raoul Pal describes Robot’s historic performance as “astonishing”. It claims to outperform the top 20 cryptoassets in the market combined by 20%.