Trading Bot Known for Beating Crypto Markets Chooses Ethereum, Polygon, Solana and Additional Blue-Chip Altcoin

A trading robot with a reputation for outperforming the markets is sharing its newest portfolio allocations as most crypto assets seek to recover from an overall downtrend.

Each week the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments that generate a “hive mind” consensus.

The bot’s latest data reveals that traders’ risk appetite has decreased significantly from a week ago, with most market participants voting to overweight their portfolios with three blue-chip altcoins in addition to the top crypto assets Bitcoin (BTC) and Ethereum (ETH).

Surging into first place was ETH layer-2 solution Polygon (MATIC) with a 26% allocation.

Ethereum competitor and layer-1 blockchain Solana (SOL) slid into second place with 20% allocation. Finally, blue-chip altcoin Polkadot (DOT), the interoperability blockchain, saw a 17% allocation.

“Latest results of the RealVision Exchange crypto survey. Is it blue-chip crypto time? Bitcoin climbs back to #1. 

  1. Bitcoin 47%      
  2. Ethereum 41%      
  3. Polygon 26%    
  4. Solana 20%    
  5. Polkadot 17% “
Source: RealVisionBot/Twitter

Polkadot is followed closely by US-dollar pegged stablecoin USD Coin (USDC), interoperable blockchain Quant Network (QNT), and layer-1 blockchain Cosmos (ATOM).

The Real Vision Bot was co-developed by quant analyst Moritz Seibert and statistician Moritz Heiden.

Real Vision founder Raoul Pal has called the bot’s historic performance “astonishing.” The former Goldman Sachs executive says the bot outperforms an aggregated bucket of top 20 crypto assets on the market by more than 20%.

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Featured Image: Shutterstock/Fortis Design/monkographic

Source: https://dailyhodl.com/2022/09/06/trading-bot-known-for-beating-crypto-markets-chooses-ethereum-polygon-solana-and-one-more-blue-chip-altcoin/