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Trading bot known for beating crypto markets chooses Cardano (ADA), Polygon (MATIC) and Chainlink (LINK)

A robot that has earned a reputation for outperforming the markets reveals its latest altcoin allocations as most cryptocurrencies give up their recent gains.

Each week, the Real Vision Bot conducts polls to generate algorithmic portfolio scores that reveal a “hive mind” consensus.

The bot is new Data notes that trader risk appetite remains aggressive, with most market participants voting to overweight their portfolios in 21 altcoins in addition to crypto stars Bitcoin (BTC) and Ethereum (ETH) at 67% each.

In third place with 50% overweight vote share are ETH challenger Cardano (ADA), decentralized oracle network Chainlink (LINK) and layer 2 scaling solution Polygon (MATIC).

“RealVision Exchange crypto survey latest results. Cardano, Chainlink and Polygon surprise with equal percentage votes for overweight.

1. Bitcoin 67%

2. Ethereum 67%

3. Cardano 50%

4th chain link 50%

5. Polygon 50%”

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Source: Real Vision Bot/Twitter

Coming in at a fraction below 50% was supply chain management blockchain VeChain (VET), and seventh place with a 30% increase in allocation was shared by popular cryptocurrency exchange Binance’s native token BNB, cross-chain interoperability protocol Polkadot (DOT ) and the peer-to-peer decentralized cryptocurrency Litecoin (LTC).

Participants also selected 14 other prominent digital assets as “overweight” at nearly 20%, including decentralized application building protocol Hedera Hashgraph (HBAR), enterprise interoperability solution provider Quant Network (QNT), distributed ledger XRP, decentralized storage network Filecoin ( FIL), decentralized payments network Stellar (XLM), Ethereum competitor Solana (SOL), lending and borrowing protocol Aave (AAVE), enterprise blockchain platform Fantom (FTM), scalability and interoperability ecosystem Cosmos (ATOM), layered 1-Smart contract platform Avalanche (AVAX), FTX cryptocurrency exchange FTX Token (FTT), automated market maker SushiSwap (SUSHI), dollar-pegged stablecoin US Dollar Coin (USDC) and virtual reality world Decentraland (MANA).

The most recent survey-based stock portfolio allocation is led by Chainlink at 17.1%, followed by Ethereum at 14.3%, Polygon at 12.2%, Bitcoin at 11.9%, and Polkadot at 8.57%. Eight other crypto assets ended up with an allocation between 2% and 7%.

The bot itself also compiles its own portfolio and Real Vision Remarks the four digital assets that make up nearly 75% of weekly inventory.

“Recent Crypto Portfolio Weights from RealVision Exchange. A rebalancing took place on Saturday. Chainlink weight was surprising in the exchange portfolio.

The bot sticks to Ethereum, Polygon, Bitcoin and Binance.”

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Source: Real Vision Bot/Twitter

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 has called the bot’s historical performance “amazing,” stating that it outperforms an aggregate group of top 20 crypto assets in the market by more than 20%.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making any risky investments in Bitcoin, cryptocurrency or digital assets. Please note that you transfer and trade at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of 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/Dai Yim

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