Machine Learning for Crypto Portfolio Management Case Study: Week 8

Shrimpy ML Strategy

The picks this week from Shrimpy, while not positive, were resistant to the downward momentum felt across most of the market and due to this — Shrimpy has overtaken both indices in total performance.

Portfolio Allocations

  1. DigitalBits (XDB): Projected 7-day profit: +75.55%
  2. Kadena (KDA): Projected 7-day profit: +53.61%
  3. e-Money (NGM): Projected 7-day profit: +39.05%
  4. Telos (TLOS): Projected 7-day profit: +36.09%
  5. Ren (REN): Projected 7-day profit: +35.02%
  6. Zel (FLUX): Projected 7-day profit: +34.13%
  7. Formation Fi (FORM): Projected 7-day profit: +34.10%
  8. Equalizer (EQZ): Projected 7-day profit: +31.90%
  9. Elastos (ELA): Projected 7-day profit: +31.61%
  10. 2crazyNFT (2CRZ): Projected 7-day profit: +29.16%
  1. CashBet Coin (CBC): Projected 7-day profit: +38.94%
  2. Huobi Token (HT): Projected 7-day profit: +37.63%
  3. DigitalBits (XDB): Projected 7-day profit: +36.58%
  4. Formation Fi (FORM): Projected 7-day profit: +31.65%
  5. Velo (VELO): Projected 7-day profit: +30.36%
  6. Lympo (LYM): Projected 7-day profit: +25.36%
  7. RedFOX Labs (RFOX): Projected 7-day profit: +25.10%
  8. Phantasma (SOUL): Projected 7-day profit: +24.08%
  9. Opacity (OPCT): Projected 7-day profit: +21.52%
  10. Nimiq (NIM): Projected 7-day profit: +21.42%

Portfolio Starting Value

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Disclaimer: Shrimpy’s price forecasts are for entertainment purposes only.

Nomics ML Strategy

Nomics picks this week, much like Shrimpy’s, were resistant to downward pressure. Nomics is still the top performing portfolio at this time.

Portfolio Allocations

  1. Tezos (XTZ): Projected 7-day profit: +31.44%
  2. Filecoin (FIL): Projected 7-day profit: +27.35%
  3. Fantom (FTM): Projected 7-day profit: +27.03%
  4. Solana (SOL): Projected 7-day profit: +25.96%
  5. Enjin (ENJ): Projected 7-day profit: +24.06%
  6. Theta Token (THETA): Projected 7-day profit: +23.32%
  7. Terra (LUNA): Projected 7-day profit: +22.54%
  8. Flow (Dapper Labs) (FLOW): Projected 7-day profit: +22.00%
  9. Ziliqa (ZIL): Projected 7-day profit: +21.82%
  10. Decred (DCR): Projected 7-day profit: +21.16%
  1. Shiba Inu (SHIB): Projected 7-day profit: +48.52%
  2. Fantom (FTM): Projected 7-day profit: +43.58%
  3. Harmony (ONE): Projected 7-day profit: +37.31%
  4. Bitcoin SV (BSV): Projected 7-day profit: +19.46%
  5. Bitcoin (BTC): Projected 7-day profit: +13.81%
  6. Decred (DCR): Projected 7-day profit: +13.68%
  7. Bitcoin Cash (BCH): Projected 7-day profit: +9.75%
  8. XRP (XRP): Projected 7-day profit: +8.44%
  9. NEM (XEM): Projected 7-day profit: +8.03%
  10. Stellar (XLM): Projected 7-day profit: +6.92%

Portfolio Starting Value

Decentralized Finance Index Strategy

The DeFi sector was hit especially hard during this particular round of profit taking, which is unsurprising given how well this sector has done recently. Tezos and Fantom both did well enough to find spots within the top 10 for this portfolio replacing Sushiswap and Compound, however this portfolio is still last in overall performance.

Portfolio Allocations

  1. Uniswap (UNI): 18.77% Allocation (adjusted from 22.15%)
  2. Terra (LUNA): 17.96% Allocation (adjusted from 18.11%)
  3. Avalanche (AVAX): 14.66% Allocation (adjusted from 9.92%)
  4. Chainlink (LINK): 13.98% Allocation (adjusted from 15.18%)
  5. Tezos (XTZ): 7.23% Allocation (adjusted from 0%)
  6. Fantom (FTM): 7.12% Allocation (adjusted from 0%)
  7. Pancake Swap (CAKE): 5.28% Allocation (adjusted from 6.75%)
  8. AAVE (AAVE): 5% Allocation (adjusted from 6.34%)
  9. The Graph (GRT): 5% Allocation (adjusted from 6.11%)
  10. Maker (MKR): 5% Allocation

Removed

Portfolio Starting Value

Smart Contracts Index Strategy

The Smart Contracts index was held up by Tezos and Fantom, however, it still had the third-worst performance this week and is third overall.

Portfolio Allocations

  1. Cardano (ADA): 25% Allocation
  2. Ethereum (ETH): 24.99% Allocation (adjusted from 25.01%)
  3. Avalanche (AVAX): 8.56% Allocation (adjusted from 6.11%)
  4. Chainlink (LINK): 8.17% Allocation (adjusted from 9.36%)
  5. Algorand (ALGO): 7.46% Allocation (adjusted from 5%)
  6. Stellar (XLM): 5.82% Allocation (adjusted from 6.69%)
  7. Fantom (FTM): 5% Allocation (adjusted from 0%)
  8. Tezos (XTZ): 5% Allocation (adjusted from 0%)
  9. Ethereum Classic (ETC): 5% Allocation (adjusted from 6.52%)
  10. VeChain (VET): 5% Allocation (adjusted from 6.31%)

Removed

Portfolio Starting Value

Conclusions

Disclaimer

About us

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Shrimpy is a crypto exchange trading bot for portfolio management, indexing the market, rebalancing, and strategy backtesting. Join now at shrimpy.io.

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