The post Meta AI builds ideal portfolio for the 2024 crypto bull run appeared on BitcoinEthereumNews.com.

The cryptocurrency market has trended in a six-month consolidation range, recently experiencing two crashes that analysts have called a shake-out and bear traps before the awaited 2024 crypto bull run. Looking for insights on how to better build an investiment position, Finbold turned to Meta‘s (NASDAQ: META) most advanced artificial intelligence (AI) Llama 3.1, asking for the ideal crypto portfolio given this potential opportunity. Notably, the Meta AI offered a complete portfolio subdivided in four tiers. First, large-cap cryptocurrencies representing 40% of the investment and three others separated by categories, with 20% allocation each. As disclosed, the objective is to balance the risks and potential returns through diversification, focusing on solid fundamentals and growth. Meta AI Llama 3.1 portfolio objectives. Source: NanoGPT / Finbold The rationale behind the tiers aims to provide a solid foundation with the “Tier 1;” bet on growth potential and adoption through DeFi, lending, gaming, NFTs, metaverse; and eyes long-term success of the cryptocurrency industry with scalability and interoperability. Tier 1: Large-cap cryptocurrencies (40%) Starting with the solid foundation offered by “Tier 1” large-cap cryptocurrencies, Meta AI’s allocates 15% in Bitcoin (BTC). Ethereum (ETH) is the second-largest allocation, with 10%, followed by three others with 5% allocation each. They are BNB Chain (BNB), Cardano (ADA), and Solana (SOL), competing for the same market share of Ethereum. Meta AI Llama 3.1 portfolio allocations – Tier 1. Source: NanoGPT / Finbold Tier 2: DeFi and lending protocols (20%) Second, “Tier 2” is made of decentralized finance (DeFi) and lending protocols, offering a promising opportunity for growth. With 5% allocation each, Meta AI picks Uniswap (UNI), Aave (AAVE), Compound Finance (COMP), and MakerDAO (MKR) – now Sky (SKY). Meta AI Llama 3.1 portfolio allocations – Tier 2. Source: NanoGPT / Finbold Tier 3: DeFi and lending protocols (20%) As…

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Filed under: News - @ September 7, 2024 6:26 pm