No Result
View All Result
DEFI MAGNETS
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Exchanges News
  • Altcoin News
  • Market And Analysis
  • Regulation
DEFI MAGNETS
No Result
View All Result
Home Altcoin News
Algorithm That’s Outperformed the Market Favors Ethereum Scaling Altcoin Above All Crypto Assets for … – The Daily Hodl

Algorithm That’s Outperformed the Market Favors Ethereum Scaling Altcoin Above All Crypto Assets for … – The Daily Hodl

Julie Henderson by Julie Henderson
November 30, 2022
in Altcoin News
0
332
SHARES
2k
VIEWS
Share on FacebookShare on Twitter


A trading robot with a reputation for outperforming the digital asset markets is sharing its newest portfolio allocations amid the ongoing bear market.
Every 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’ have a strong preference for Ethereum (ETH), with the majority of market participants voting to overweight their portfolios with ETH. Second place is Polygon (MATIC), the leading layer-2 ecoystem designed to help scale Ethereum. MATIC is followed by king crypto Bitcoin (BTC).
After Bitcoin is leading stablecoin by market cap Tether USD (USDT), followed by Ethereum competitor Avalanche (AVAX) and blockchain ecosystem Cosmos (ATOM). The two altcoins are followed by interoperability blockchain, Polkadot (DOT). 
Source: RealVisionBot/Twitter
As for the RealVision Bot’s picks, the algorithm is heavily weighed in favor of MATIC for the first time ever.
“Latest allocation of the free RealVision Exchange crypto portfolio and the Bot’s choice. Polygon has taken the lead for the first time in the survey, followed by USDC, Ethereum and AVAX. The Bot isn’t that sure about the latter one and keeps ~10% in Bitcoin.”
Source: RealVisionBot/Twitter
The Real Vision Bot was co-developed by quant analyst Moritz Seibert and statistician Moritz Heiden.
Real Vision founder and macro guru Raoul Pal has called the bot’s historic performance “astonishing.” The former Goldman Sachs executive says the bot outperforms an aggregated bucket of the top 20 crypto assets on the market by more than 20%.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any 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/Jorm S





Source link

Tags: AlgorithmAltcoinAssetsCryptodailyethereumFavorsHODLMarketOutperformedScaling
Previous Post

DeFi Giants Aave, Compound Freeze Markets and Cap Loans to Mitigate Risks

Next Post

Two Criminals Jailed for Stealing From Bitcoin Investors in Dubai (Report)

Julie Henderson

Julie Henderson

Next Post
Two Criminals Jailed for Stealing From Bitcoin Investors in Dubai (Report)

Two Criminals Jailed for Stealing From Bitcoin Investors in Dubai (Report)

Top Cryptocurrency News On October 7: Major cryptos in red, exchanges cut fees and more – Moneycontrol

Top cryptocurrency news on November 30: MakerDAO is seeking approval to increase interest rate on dai... - Moneycontrol

Artist Gabriel Massan uses video game world-building and the blockchain to reimagine the meaning of ‘Third World’

Artist Gabriel Massan uses video game world-building and the blockchain to reimagine the meaning of 'Third World'

Popular Post

    Follow Our Page

    Recent News

    Altcoins Surge in a Sea of Green – Could There Be a Catch? By … – Investing.com

    Dogecoin Price Prediction as Popular Crypto Trader Predicts 50% Move Up – Time to Buy? – Cryptonews

    February 5, 2023
    Altcoins Surge in a Sea of Green – Could There Be a Catch? By … – Investing.com

    Big Eyes Coin Presale Crosses $22 Million Mark, Indonesia Plans … – NewsBTC

    February 5, 2023

    Categories

    • Altcoin News
    • Artificial Intelligence
    • Bitcoin
    • Blockchain
    • Business
    • Cryptocurrency
    • Education
    • Ethereum
    • Exchanges News
    • Featured
    • Market And Analysis
    • Metaverse
    • News
    • Regulation
    • Uncategorized

    Follow Us

    Find Via Tags

    Altcoin Altcoins analysis Analyst Big Binance Bitcoin Blockchain BTC Buy Cardano Coin Coinbase CoinDesk Crypto Cryptocurrency Digital Dogecoin ETH ethereum exchange Exchanges FTX Global Heres Investors Magazine Market Markets merge Million Mining News Prediction price Rally regulation Report Risk Solana Token Top Trading Week XRP
    No Result
    View All Result
    • Home
    • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Blockchain
    • Exchanges News
    • Altcoin News
    • Market And Analysis
    • Regulation

    © 2021 DeFi Magnets