AGIX price has been in a robust bullish pattern in the previous few months.
It has jumped by over 690% from the lowest level in 2022.
Rejuve, a SingularityNET spinoff has partnered with TruDiagnostic.
Singularity’s AGIX token has emerged as one in every of the best-performing cryptocurrencies of 2023. It surged to a excessive of $0.2593, which was the highest level since December 2021. At its peak this yr, AGIX price was up by over 690% from the lowest degree in 2022. Now, Rejuve, a SingularityNET spin-off, is shifting to DNA analysis by partnering with TruDiagnostic.
Crypto and DNA analysis
In a press launch on Tuesday, Rejuve stated that it was partnering with TruDiagnostic, a well being information firm and licensed lab that focuses in fluid epigenome. The partnership will contain taking a look at the interplay of DNA methylation, metabolomics, and proteomics. Methylation is the research of of measuring DNA expression regulatory components whereas metabolomics is the research of chemical metabolites of physique processes.
As a part of the partnership, the two corporations will collaborate to generate insights from 10k affected person methylation and multi-omic datasets. They will use information science to develop age prediction algorithms primarily based on over 3,000 samples. As a end result, the analysis will assist scientists perceive the relationship between ageing and illness. If profitable, they are going to be addressing an trade valued at billions of {dollars}.
Rejuve is a brand new firm that emerged from SingularityNET. It has developed a Longevity cellular software that’s at the moment in beta and one which will likely be launched in the first half of the yr. TruDiagnostic, on the different hand, is an organization that present DNA methylation and organic ageing checks. It has a license settlement with Duke University.
What is SingularityNET and AGIX?
For starters, SingularityNET, has raised over $66 million from traders. It is a platform that gives an artificial intelligence (AI) algorithms market. The aim is to decentralize the AI trade by creating an AI market that isn’t depending on any entity. Its ecosystem is made up of SingularityDAO, which is a decentralized portfolio administration protocol.
SingularityNET’s ecosystem additionally consists of Awakening Health, Nunet, Sophia Verse, and Jam Galaxy amongst others. It additionally consists of Rejuve.ai, which, as described, is constructing a decentralized community for researchers, clinicians, and information contributors in longevity analysis. AGIX, on the different hand, is the native token for the ecosystem.
AGIX price prediction
AGIX crypto price has been in a robust bullish pattern in the previous few months as I wrote on this article. On the day by day chart, it has managed to maneuver above the key resistance at $0.1370, the highest degree on October 14th. It has additionally risen above the 23.6% Fibonacci Retracement degree. It looks as if the bullish momentum is now shedding steam.
Therefore, the base case is the place the coin retreats to a low of $0.1370 after which resumes the bullish pattern in the close to time period.
