AGIX price analysis after the Rejuve, Trudignostics deal

  • AGIX value has been in a powerful bullish pattern prior to now few months.

  • It has jumped by over 690% from the bottom level in 2022.

  • Rejuve, a SingularityNET spinoff has partnered with TruDiagnostics

Singularity’s AGIX token has emerged as one of many best-performing cryptocurrencies of 2023. It surged to a excessive of $0.2593, which was the very best level since December 2021. At its peak this yr, AGIX value was up by over 690% from the bottom degree in 2022. Now, Rejuve, a SingularityNET spin-off, is transferring to DNA analysis by partnering with TruDiagnostic. 

Crypto and DNA analysis

In a press launch on Tuesday, Rejuve mentioned that it was partnering with TruDiagnostic, a well being knowledge firm and authorized lab that focuses in fluid epigenome. The partnership will contain wanting on the interplay of DNA methylation, metabolomics, and proteomics. Methylation is the examine of of measuring DNA expression regulatory parts whereas metabolomics is the examine of chemical metabolites of physique processes.

As a part of the partnership, the 2 corporations will collaborate to generate insights from 10k affected person methylation and multi-omic datasets. They’ll use knowledge science to develop age prediction algorithms primarily based on over 3,000 samples. Because of this, the analysis will assist scientists perceive the connection 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 present in beta and one which shall be launched within the first half of the yr. TrueDiagnostics, however, is an organization that present DNA methylation and organic ageing checks. It has a license settlement with Duke College.

What’s SingularityNET and AGIX?

For starters, SingularityNET, has raised over $66 million from buyers. It’s a platform that gives an synthetic intelligence (AI) algorithms market. The objective 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 Well being, Nunet, Sophia Verse, and Jam Galaxy amongst others. It additionally consists of, which, as described, is constructing a decentralized community for researchers, clinicians, and knowledge contributors in longevity analysis. AGIX, however, is the native token for the ecosystem.

AGIX value prediction

AGIX crypto value has been in a powerful bullish pattern prior to now few months as I wrote on this article. On the every day chart, it has managed to maneuver above the important thing resistance at $0.1370, the very best degree on October 14th. It has additionally risen above the 23.6% Fibonacci Retracement degree. It looks like the bullish momentum is now dropping steam. 

Subsequently, the bottom case is the place the coin retreats to a low of $0.1370 after which resumes the bullish pattern within the close to time period.

Find out how to purchase SingularityNET AGIX

The publish AGIX value evaluation after the Rejuve, Trudignostics deal appeared first on CoinJournal.

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