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A data processing robot with a reputation for outperforming the market has announced its latest weekly crypto portfolio allocations.
Real Vision Bot interprets a survey of cryptocurrency-related indicators to create new algorithmic portfolio valuations every week.
Automated bots with a reputation for outperforming Bitcoin (BTC) are choosing altcoins over cryptocurrencies in the latest survey.
According to Real Vision bot, the trader says They strongly endorse 5 coins in their portfolios this week.
Latest results of RealVision Exchange Crypto Survey. I am confused if this is risk on or risk off. What is going on with QNT and Binance Coin?
vote for overweight
Additional coins selected by the algorithm include interoperable blockchain platform Quant (QNT), Circle-backed stablecoin USD Coin (USDC), cryptocurrency exchange Binance’s BNB, and eco-friendly payments. Algorand (ALGO), which focuses on , and Cosmos (ATOM), a blockchain ecosystem.
Altcoins are popular in this week’s survey, but Bitcoin, the largest cryptocurrency by market capitalization, still receives a 20% weighting.
Real Vision Bot was co-developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
Raoul Pal, founder of Real Vision and macroeconomics expert, called the bot’s historic performance “amazing”, 20% higher than the aggregate bucket of the top 20 crypto assets on the market. It says it’s better than that.
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Featured Image: Shutterstock/3dartists/Alexander56891
