Ethereum tipped to outperform the market by Real Vision Bot

  • The Real Vision Bot is known for outperforming the digital asset market, and its historic performance was recently labeled as “astonishing” by Real Vision founder and macro guru Raoul Pal.
  • Real Vision Bot has conducted a survey in a bid to come up with algorithmic portfolio assessments said to generate a “hive mind” consensus.

Real Vision Bot co-founded by quant analyst Moritz Seibert and statistician Moritz Heidena conducted a survey in a bid to come up with algorithmic portfolio assessments said to generate a “hive mind” consensus. According to the results, the majority of the market participants voted to have a strong preference for Ethereum. Apart from Ethereum, the participants voted to overweight their portfolio with Polygon (Matic). The third asset on the participants’ list is Bitcoin. The most surprising inclusion is Matic, which is the first-ever pick by the Real Vision Bot.

Latest allocation of the free RealVision Exchange crypto portfolio and the Bots choice. Polygon has taken the lead for the first time in the survey, followed by USDC, Ethereum, and AVAX. The Bot isnt that sure about the latter one and keeps ~10% in Bitcoin.

The survey also disclosed Tether USD (USDT), followed by Avalanche (AVAX), Cosmos (ATOM), and Polkadot (DOT) are highly tipped to outperform the market.

The crypto market has been underperforming for some time after the Terra and the FTX ecosystem collapse triggering a mass sell-off. The results of this survey indicate that there is a higher expectation that the market could bounce back.

Ethereum records increasing unique addresses

The Real Vision Bot is known for outperforming the digital asset market, and its historic performance was recently labeled as “astonishing” by Real Vision founder and macro guru Raoul Pal. According to him, its record of outperforming the aggregated bucket of top 20 crypto assets by 20 percent is laudable. This is more interesting considering that it takes surveys from traders.

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In March, Real Vision Bot published its survey-based portfolio allocation which was led by Ethereum and followed by Bitcoin, Terra, Polygon, and Polkadot. Within the period, it observed that portfolios added to their Ethereum and Luna holdings and also added other assets in smaller portions.

Latest allocation of the RealVision Exchange crypto portfolio. Both the Exchange and the Bot increase their allocation to Ethereum and Terra.

Cardano and VeChain make it back into the allocation. Overall quite a diverse mix of smaller positions.

Ethereum was tipped for a huge price gain after the merge. Even though the price has not seen any significant surge, the number of unique addresses keeps increasing. During the time of the Ethereum upgrade, the total number of unique addresses stood at 205,410,380. As of October 14, the figure was around 208,018,737. This indicates that people are showing interest as they explore the network. Regardless of these, Ethereum’s social activity faced a decline after the merge, recording 8.46 million social mentions and 24.07 billion social engagements as of October 6.