A trading robot with a reputation for outperforming the markets is revealing its latest portfolio allocations as most cryptocurrencies try to recover from a weekend dip.
Each week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments to arrive at a “hive mind” consensus.
The bot’s freshest data finds that traders’ risk appetite has dropped slightly from a week ago, with most market participants voting to overweight their portfolios with 19 altcoins in addition to crypto stalwarts Ethereum (ETH) at 36% and Bitcoin (BTC) at 33%.
Tied for third with a 30% heavyweight allocation were layer-1 smart contract platform Solana (SOL), fellow ETH challenger Cardano (ADA), as well as enterprise-grade interoperability solution provider Quant Network (QNT).
“Latest results of the RealVision Exchange crypto survey. A lot of neutrality, not massive conviction to overweight. QNT makes it into the top #5.
1. Ethereum 36%
2. Bitcoin 33%
3. Solana 30%
4. Cardano 30%
5. Quant Network 30%”
Cross-chain interoperability protocol Polkadot (DOT) took sixth place at 20% overweight followed by decentralized oracle network Chainlink (LINK), layer-2 scaling solution Polygon (MATIC), and decentralized network Algorand (ALGO) all at 15%.
Popular cryptocurrency exchange Binance’s native token BNB rounds out the top 10 with a 10% boosted allocation.
Lending and borrowing protocol Aave (AAVE) and play-to-earn battle game Axie Infinity (AXS) each received an 8% heavier weight, followed by half a dozen altcoins at 7%: dollar-pegged stablecoin US Dollar Coin (USDC), enterprise-grade blockchain platform Elrond (EGLD), FTX cryptocurrency exchange’s FTX Token (FTT), layer-1 smart contract platform Avalanche (AVAX), scalability and interoperability ecosystem Cosmos (ATOM), and decentralized application-creating protocol Hedera Hashgraph (HBAR).
Wrapping up the list of crypto assets with a 5% overweight portion are distributed ledger XRP, enterprise-grade blockchain platform Fantom (FTM), and decentralized payments network Stellar (XLM).
The latest survey-based exchange portfolio allocation is led by Cardano at 18.9%, followed by Quant Network at 17.7%, Bitcoin at 11.8%, FTX Token at 10.1%, and Ethereum at 9.45%. Tied at 8.86% were Solana, Aave, and Elrond, with Polkadot also making the list at a 5.45% allocation.
The bot also compiles a custom portfolio on its own, and Real Vision highlights Cardano and Quant Network as the week’s notable gainers while BTC, SOL and ETH dipped slightly.
“Latest weights of the RealVision Exchange crypto portfolios. Based on more votes to overweight than to underweight, Cardano and QNT take the lead.
Views on Bitcoin, Solana and Ethereum were more mixed and hence those receive lower weights.”
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%.
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