Every week, Real Vision Bot conducts surveys with the participation of market participants to create a consensus-based algorithmic basket of cryptocurrencies on the basis of the “hive mind” and issues a basket of cryptocurrencies based on the results of these surveys. The latest data provided by the bot reveals that risk appetite is at historically low levels, with most market participants flocking to Bitcoin, Ethereum and stablecoins, with 60 percent of respondents overfilling their baskets with both USD Coin (USDC) and BTC.
Alongside BTC and USDC, 40 percent of respondents voted for the allocation of Ethereum and Solana to their basket, while 20 percent chose the decentralized exchange token Uniswap (UNI).
The latest results of Real Vision Exchange's cryptocurrency survey: Risk appetite is at an all-time low with 60 percent of the votes for USDC. The percentage of other cryptocurrencies respondents voted for is as follows: 1st 60 percent with Bitcoin percent 60. USDC 2nd with 60 percent. Ethereum 3rd with 40 percent. Solana 4th with 40 percent. Uniswap 5th with 20 percent.
Other cryptocurrencies that respondents marked as predominantly buying or considering buying include oracle network Chainlink (LINK), smart contract platform Fantom (FTM), decentralized application creation protocol Hedera Hashgraph (HBAR), and decentralized exchange token SushiSwap (SUSHI).
Fan token network Chiliz (CHZ), which has frequently found its way into the bot's cryptocurrency baskets in the past, THORChain (RUNE), the unattended liquidity protocol, supply chain management Blockchain VeChain (VET), and payments-focused cryptocurrency project XRP (XRP) are completely unlisted this time around. is left.
Real Vision Bot was co-developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden. Real Vision founder and macroeconomics expert Raoul Pal describes the bot's historic performance as staggering, claiming that it has performed quite well, especially for the top 20 cryptocurrencies in the market.