Researchers with the National Oceanic and Atmospheric Administration (NOAA) may have discovered a previously unknown jellyfish, bobbing along almost 2,300 feet (700 meters) underwater.

Like a floating beret fringed with thin tassels, the jelly in question has a blood-red body and appears to belong to the genus Poralia, the researchers said in a statement. Only one other Poralia species has been described so far — Poralia rufescens, which has a bell-shaped body, 30 tentacles and lives in deep water across the world’s oceans.

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