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    Home»Analytics»Crypto Algorithm Shows Traders Are Optimistic About Cryptocurrencies
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    Analytics

    Crypto Algorithm Shows Traders Are Optimistic About Cryptocurrencies

    AdministratorBy Administrator14.12.2021No Comments2 Mins Read
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    The standalone bot, known for outperforming the cryptocurrency market using weekly trader polls, is showing bullish sentiment for Bitcoin, Ethereum, Solana, and two other gaming altcoins.

    The Real Vision Bot algorithm was developed by quantum analyst and hedge fund executive Mortise Seibert as a way to get signals and trader sentiment from fans of the Real Vision financial content platform.

    According to Real Vision, the bot performed “astounding” as it outperformed the aggregate packet of the top 20 cryptocurrencies by over 20% simply by accepting polls from traders.

    This week, survey results showed that users generally prefer the overweight Ethereum (ETH) portfolio, with 84% of respondents choosing ETH as the number one coin they would like to bet on.

    In second place was the Solana smart contract platform (SOL), followed by the royal cryptocurrency Bitcoin (BTC) and the Ethereum scaling solution Polygon (MATIC).

    The fifth place was taken by the virtual reality platform Decentraland (MANA), 43% of traders preferred to switch to its MANA token. Another altcoin in the Top 10 by Real Vision Bot is Enjin Coin (ENJ), a useful token for non-playable tokens (NFTs) in the Enjin ecosystem, with about 30% of respondents wanting to have an edge towards ENJ in their portfolio.

    Also on the list are Terra (LUNA), Polkadot (DOT), Chiliz (CHZ), Fantom (FTM), Chainlink (LINK) and Avalanche (AVAX).

    Participants in Real Vision Bot surveys do not need to own the respective cryptocurrency to vote for it. In an interview, the bot co-author Moritz Seibert called it “hive mind” that can defeat other actors in the crypto ecosystem.




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