The post OpenAI o1 builds ideal crypto portfolio for the 2024 bull run appeared on BitcoinEthereumNews.com.

Cryptocurrency analysts say an altseason is “just around the corner,” getting ready for a crypto bull run starting in 2024. Looking for insights on how to better build an investment position, Finbold turned to OpenAI’s recent launch and most advanced artificial intelligence (AI), o1, asking for the ideal crypto portfolio given this potential opportunity. Notably, the “PhD-like” OpenAI model offered a complete portfolio subdivided in six categories. First, large- and mid-cap cryptocurrencies represent 30% of the investment, followed by small-caps and three niche sectors totaling 40%. As disclosed, o1 looks to maximize the potential return given the growing perception of a more favorable scenario for altcoins. In particular, allocating to projects outside the top 10, currently breaking out of a capitalization downtrend, as Ali Martinez highlighted. OpenAI’s o1 crypto portfolio for the 2024 bull run The rationale behind each category is as follows. Large-caps aim for well-established projects outside of the top 10, while mid-caps seek a balance with growth potential. Small-caps, on the other hand, look for exponential gains, while the three subsequent niches explore diversification through the narratives. For example, with decentralized finance (DeFi) first, metaverse and NFT-related makes the second niche, finishing with stablecoins or cash reserves. Essentially, o1 distributes the remaining 40% allocation with 20% to small-caps, 10% to DeFi, and 5% to the last two. Large-cap altcoins (30%) Starting with a 30% allocation to well-established large-caps outside the top 10, OpenAI’s o1 picked six cryptocurrencies. They are Cardano (ADA), Polkadot (DOT), Chainlink (LINK), Litecoin (LTC), Avalanche (AVAX), and Polygon (MATIC). OpenAI o1 crypto portfolio allocations – Large-cap altcoins. Source: NanoGPT / Finbold Mid-cap altcoins for the 2024 crypto bull run (30%) In second, Cosmos (ATOM), Algorand (ALGO), VeChain (VET), Near Protocol (NEAR), Tezos (XTZ), and MultiversX, formerly Elrond (EGLD), make the other 30% investment. OpenAI…

---

Filed under: News - @ September 21, 2024 4:23 pm