Bio Protocol Raises $6.9M in Funding Round Led by Maelstrom Fund
Funding Announcement: Bio Protocol has secured $6.9 million in seed funding led by Maelstrom Fund, aimed at advancing AI-driven decentralized science initiatives and enhancing investor interest in the DeSci landscape.
Impact on Pharma and Research: The investment is expected to disrupt traditional pharmaceutical dynamics, promote AI-driven research, and introduce innovations like BioAgents for autonomous workflow management in scientific research.
Key Players Involved: The funding round features notable figures such as Arthur Hayes, founder of Maelstrom Fund, and Paul Kohlhaas, CEO of Bio Protocol, both emphasizing the potential for a new AI-native research market.
Market Implications: Historical trends suggest that funding in decentralized science can enhance liquidity and token valuation, indicating potential positive market responses and increased activity within Bio Protocol's network.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00937 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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