In the realm where digital chimeras roam, the currencies of artificial wisdom have danced a lively jig, leaping and bounding with the caprice of a Russian winter.
MorpheusAI (MOR), a token with delusions of grandeur, swelled its girth by 47%, while Morphware (XMW), a Layer 3 upstart, pranced 32% higher, as if a golden cross were a golden ticket to glory. Bittensor (TAO), the grand poobah of AI cryptos, sprang 19% upwards, like a rubber duck in a bathtub of blockchain bubbles.
MorpheusAI (MOR) – The Dreamweaver’s Coin
MorpheusAI, a network on Arbitrum that fancies itself the “first peer-to-peer network for general-purpose artificial intelligence,” behaves like a cat chasing its own tail. Launched in May 2024, MOR, its native token, soared like an eagle, then plummeted like a lead balloon.
MOR has bloated 47% in the last seven days, its market cap teetering on the edge of $100 million. It sniffed $115 million before a slight correction, yet the momentum is as robust as a bear after a honey feast.
If the rally continues, MOR may scale the heights of $37, and who knows, perhaps reach $40 or even $45, a feat not seen since the days of yore in June 2024. But should the winds change, MOR may plummet to the depths of $22, and if that fails, down to $16.2 it shall tumble.
Morphware (XMW) – The Shape-Shifter’s Token
Morphware, an Ethereum-based Layer 3 AI application with dreams of a decentralized machine-learning platform, is as elusive as a ghost in the machine.
XMW, its native token, has leapt 32% in the last seven days, with a 26% bound in the last 24 hours, propelling its market cap to $75 million. Launched in September 2024, XMW once touched the sky at $0.18 on December 12, 2024.
EMA lines whisper of a golden cross on the horizon, which may nudge XMW towards the resistance levels of $0.10 and $0.12. But should the fates frown, the $0.082 support is a cliff’s edgeβfall from it, and $0.062 awaits below.
Bittensor (TAO) – The AI Crypto Monarch
TAO, the sovereign of artificial intelligence cryptos, boasts a market cap of $3.8 billion, towering over its peers like a giant among dwarves. It dreams of a decentralized machine-learning network, woven with blockchain threads.
TAO has ascended 19% in the last seven days, rebounding from a nadir of $362 on January 23, its lowest since September 2024. This bounce suggests a revival of interest, as if the AI crypto tale were a phoenix rising from the ashes.
EMA lines hint at a golden cross in the offing, which may steer TAO towards resistances at $480 and $498. Should AI fever spread, TAO may soar to $521 or even $586. But if the trend turns tail, supports at $458 and $435 must hold, lest TAO tumble back to $386 or $362.
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2025-01-31 21:53