Artificial intelligence (AI) coins have seen strong movements in the last week of January, with some projects rebounding from recent lows and potentially bringing more gains in the first week of February.

MorpheusAI (MOR) surged 47% as it regained momentum in the AI sector, while Morphware (XMW) jumped 32%, fueled by expectations of a golden cross. Bittensor (TAO) climbed 19% after bouncing off its lowest level since September 2024.

MorpheusAI (MOR)

MorpheusAI is an Arbitrum-based network that calls itself the “first peer-to-peer network for general-purpose artificial intelligence.” Launched in May 2024, MOR, its native token, initially reached prices around $128 but saw a sharp decline after that.

MOR has gained 47% in the last seven days, pushing its market cap close to $100 million. It briefly touched $115 million yesterday before experiencing a slight correction, but momentum remains strong.

If the rally continues, MOR could retest $37 and potentially climb to $40 or even $45 for the first time since June 2024. However, if the trend reverses, MOR price could test support at $22, with a further drop to $16.2 if that level breaks.

Morphware (XMW)

Morphware is an Ethereum-based Layer 3 AI application that aims to provide a decentralized machine-learning platform.

XMW, its native token, has surged 32% in the last seven days, with a 26% jump in the last 24 hours, pushing its market cap to $75 million. Launched in September 2024, XMW reached an all-time high of $0.18 on December 12, 2024.

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Author: Tiago Amaral