AI Coins See Strong Momentum in January, MOR, XMW, and TAO Poised for More Gains in February

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.

Artificial intelligence (AI) coins continue to dominate the crypto market, with several projects experiencing significant price movements in the last seven days.

MorpheusAI (MOR) leads the rally with a 47% surge, while Morphware (XMW) and Bittensor (TAO) follow closely with gains of 32% and 19%, respectively.

Here's a closer look at each project and its price movements.

MorpheusAI (MOR)

MorpheusAI is an Arbitrum-based network that describes itself as the “first peer-to-peer network for general-purpose artificial intelligence.” It launched in May 2024 with its native token, MOR, initially trading at prices around $128. However, it faced a steep decline after that.

In the last seven days, MOR has gained 47%, pushing its market cap closer to $100 million. It briefly touched $115 million on Monday before experiencing a slight correction. Despite this, momentum remains strong for the AI token.

If the rally continues, MOR could retest resistance at $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)

Next up is Morphware, an Ethereum-based Layer 3 AI application that aims to provide a decentralized machine-learning platform. Its native token, XMW, has surged 32% in the last seven days, with a 26% jump in the last 24 hours.

The price surge has pushed XMW's market cap to $75 million. Launched in September 2024, XMW reached an all-time high of $0.18 on December 12, 2024.

A glance at the EMA lines suggests that XMW could soon form a golden cross, potentially pushing its price toward key resistance levels at $0.10 and $0.12.

However, if the trend reverses, the $0.082 support is crucial — losing it could send XMW down to $0.062.

Bittensor (TAO)

Among AI crypto projects, TAO boasts the biggest market cap, currently at around $3.8 billion, surpassing competitors like RENDER, FET, and VIRTUAL. It aims to create a decentralized machine-learning network using blockchain technology.

In the last seven days, TAO price has gained 19% after hitting a low of $362 on January 23, which was its lowest level since September 2024. This recent bounce suggests growing interest as the AI crypto narrative recovers momentum.

EMA lines indicate that TAO could soon form a golden cross, potentially driving its price toward resistances at $480 and $498. If AI hype strengthens, TAO could surge to $521 or even $586. However, if the trend reverses, key supports at $458 and $435 must hold, or TAO could revisit $386 or $362.