- Real Vision’s Hive Mind Bot is famous for performing better than the top 20 crypto assets by over 20%.
- Terra’s LUNA has regained its spot as the most weighted digital asset.
Real Vision’s Hive Mind application, a cryptocurrency that has outshone major crypto assets in the market, has released its portfolio assessment for this week with Terra being the most weighted asset.
Real Vision Bot surveys traders to gather crypto related data, which it uses to construct an algorithmic portfolio based on Hive Mind. This refers to a consensus that identifies the collective mindset and behavior of a group so that they can decide the direction to take.
This data crunching robot was co-developed with quant analyst/hedge fund executive Moritz Seibert and statistician Moritz Heiden.
Mature Altcoins
A tweet shared on Monday by Real Vision showed that investors can invest in the assets and make a profit. Overall, trader sentiment favored Terra with 70% of participants voting for it, followed closely by Ethereum at a similar figure of 70%.
The third spot was taken by California with 67% voting for overweight, while Solana’s SOL came fourth with 60% of participants voting for it. Other major assets like Avalanche, Polygon and Fantom, and Polkadot were also recommended for investment.
When it comes to actual wallet shares, the Polygon camp was the most preferred, with 17.4%. Terra was second with 12.2% allocation, followed by Solana, Cosmos and Avalanche, each with 11% or less.
The analysis also revealed the most lucrative tokens currently available, with Terra leading the pack at 31.8%, followed by Bitcoin at 23.6%, Ethereum in third with 21.2%, and THORChain in fourth with 17.3%. VeChain, Chiliz and Filecoin were all below 3%.
