New research shows that crypto traders are most bullish about 13 altcoins, including Polkadot and Solana.
Real Vision Exchange Crypto Survey tracks sentiment among investors. Participants scan 30 tokens to choose whether they would like to be overweight or underweight for each one. Real Vision Bot was developed by two independent developers, and was aided by Raoul Pal, macro guru.
The results of the voting on the first two days this week show that traders prefer an overweight portfolio made up of smart contract platforms Polkadot and Solana (SOL), along with Ethereum-scaling solution Polygon(MATIC).
Fourth on the list is the scalable, interoperable ecosystem Cosmos. Cardano and Terra, both smart contract platforms Terra and LUNA (ADA), are tied for fifth. Traders have also allocated excessive amounts for Ethereum competitor Avalanche, Chainlink (LINK), and Ethereum-based token Enjin Coin, ENJ, and decentralized exchange Uniswap, UNI for the sixth, seventh, and eighth positions, respectively.
Ninth place is occupied by cross-border payment solutions Stellar, XRP and decentralized storage network (FIL).
Real Vision Bot clarifies that the participants are not necessarily holding the cryptocurrencies that they voted for.
“They can of course vote according to their own positions, but also just based on their sentiment or forward looking. There are many reasons why the own book might not be 1:1 the preferred allocation.”
Bitcoin (BTC) is conspicuously absent from the list. Pal highlights that the community is responsible for that absence.
“It’s not us – it’s the community who makes the allocation… You guys, to be exact.