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Monday, January 30, 2023
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    HomeMarketAGIX price analysis after the Rejuve, Trudignostics deal

    AGIX price analysis after the Rejuve, Trudignostics deal

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    • AGIX value has been in a robust bullish development previously few months.

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

    • Rejuve, a SingularityNET spinoff has partnered with TruDiagnostic.

    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 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 shifting 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 information firm and authorized lab that focuses in fluid epigenome. The partnership will contain trying on the interplay of DNA methylation, metabolomics, and proteomics. Methylation is the research of of measuring DNA expression regulatory parts whereas metabolomics is the research 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 may use information science to develop age prediction algorithms primarily based on over 3,000 samples. Consequently, the analysis will assist scientists perceive the connection between getting old 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 cell utility that’s at present in beta and one which shall be launched within the first half of the yr. TruDiagnostic, alternatively, is an organization that present DNA methylation and organic getting old assessments. 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 artificial intelligence (AI) algorithms market. The aim is to decentralize the AI trade by creating an AI market that’s not 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 Rejuve.ai, which, as described, is constructing a decentralized community for researchers, clinicians, and information contributors in longevity analysis. AGIX, alternatively, is the native token for the ecosystem.

    AGIX value prediction

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

    Due to this fact, the bottom case is the place the coin retreats to a low of $0.1370 after which resumes the bullish development within the close to time period.

    Learn how to purchase SingularityNET AGIX



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