A trading robot that’s garnered a reputation for outperforming the markets is unveiling its newest portfolio allocations as most cryptocurrencies try to recover from a week-long slump.
Every week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments that generate a “hive mind” consensus.
The bot’s latest data reveals that traders’ risk appetite has contracted slightly from a week ago, with most market participants voting to overweight their portfolios with 18 altcoins in addition to leading crypto assets Bitcoin (BTC) at 50% and Ethereum (ETH) at 27%.
Rising to second place with a 36% heavyweight allocation was layer-1 smart contract platform Solana (SOL), and fellow ETH challenger Cardano (ADA) came in fourth at 21%.
Cross-chain interoperability protocol Polkadot (DOT) rounds out the top five at 20% overweight, followed a close fraction behind by the dollar-pegged stablecoin US Dollar Coin (USDC), virtual reality world Decentraland (MANA), and...
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