‘Hive Mind’ Algorithm Shows Bullish Crypto Traders On Polkadot (DOT), Avalanche (AVAX) And Polygon (MATIC)

'Hive Mind' algorithm shows crypto traders bullish on Polkadot (DOT), Avalanche (AVAX) and Polygon (MATIC) 7speak that while exchanges actually see an increase in Polkadot (DOT) holdings, the algorithm is part of the Avalanche smart contract platform (AVAX) and layer 2 scaling solution Polygon (MATIC).

“The latest weighting of the @RealVision Exchange crypto portfolio. It is getting crowded in the Exchange portfolio.

Ethereum, Bitcoin and Terra have been reduced in weight.

Polkadot, AVAX and Polygon have been increased. The bot likes/prefers the last two more. ”

RealVision / Twitter

The latest survey results show that while traders still prefer a portfolio with lots of Ethereum, that 19.1% allocation is down 2.36% from last week.

Bitcoin is fifth on the list, down 3.36%, representing 10.3% of the portfolio weight.

Moving ahead in the bot’s portfolio is Polygon, up 4.59% for a total of 15.9%. Avalanche is seventh with 9.87% bot holdings and overall it has gained +4.41% in the past week.

Polkadot has grown by 5.32% in real-world crypto exchange holdings to 9.81% despite little interest from the bot’s algorithm.

Decentralized finance protocol Terra (LUNA) comes in at third with 14.7% of portfolio weight, down 3.41% on a weekly basis, followed by enterprise-grade blockchain platform Fantom (FTM). with an increase of 2.29% to 10.8% of shares held.

Rounding out the top 9 crypto assets is the Cosmos decentralized network (ATOM) in sixth, virtual gaming world Decentraland (MANA) in eighth, followed by decentralized network Chainlink (LINK) ).

RealVision / Twitter

Participants in Real Vision Bot surveys do not necessarily own the cryptocurrency in question in order to vote for it. In an interview with Real Vision, the bot’s co-creator, Moritz Seibert, described it as a “honeycomb brain” that can beat other entities in the crypto ecosystem.

“This bot is really fascinating because it started out as a research project where we linked it to the Real Vision Exchange to run paper portfolios based on weekly surveys where we wanted to find out if there was a Real Vision organization that could beat the market and that could beat interviewees, experts interviewed on the Real Vision platform.

And so, it turns out, there is a centralized crypto portfolio that goes beyond the crypto portfolio run by bots and experts as well as the market.”

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