Ethereum (ETH) and Terra (LUNA) favoured by a popular Real Vision Bot

Ethereum (ETH) and Terra (LUNA) favoured by a popular Real Vision Bot

By Sam Grant - min read
  • The Real Vision hive mind bot is popular for outperforming the combined top 20 crypto assets by more than 20%
  • Terra’s LUNA regained the top spot as the most heavily weighted digital asset

Real Vision’s Hive Mind bot, notorious for outperforming top crypto assets in the markets, has revealed the portfolio assessment for the week, and it finds Terra the most heavily weighted digital asset.

The Real Vision Bot conducts surveys of traders to understand crypto-related data, which it uses to establish an algorithmic portfolio assessment based on Hive Mind. The latter is a consensus that determines to understand the general consciousness and behaviour of a group of people to determine what direction they might take next.

This data-crunching bot was created jointly by quant analyst/ hedge fund executive Moritz Seibert and statistician Moritz Heiden.

Ripe altcoins

Via a tweet shared on Monday, Real Vision revealed information to indicate the four assets ripe for investors to put their money into and get a return. General trader sentiment favoured Terra as it was the most weighted asset, with 70% of the participants voting in its favor. Ethereum fell just behind it, also at a 70% figure.

The world’s leading digital asset, Bitcoin, was ranked third with 67% of the surveyed voting it overweight and Solana’s SOL, fourth with a 60% figure. The participants also found it ideal to invest in other major asset classes, including Avalanche, Polygon, Fantom, and Polkadot.

In as far as the actual portfolio quotas are concerned, most survey participants are in the Polygon camp. The layer two scaling solution led with a figure of 17.4%. Terra’s 12.2% allocation placed it second, while Solana, Cosmos, and Avalanche could only see 11% to close out the top five.

The portfolio also made its own allocations based on the data collected from the surveys. It recorded that its most viable token is currently Terra – 31.8%, followed by Bitcoin at 23.6%. The leading smart contract platform Ethereum is the bot’s third most lucrative asset to invest in – 21.2%, and cross-chain decentralized exchange protocol THORChain composing 17.3% of the total, is fourth. VeChain, Chliz and Filecoin are all below 3%.