I think 10% of these animations look cool AND actually don't harm experience, but the rest are just confusing. These morphing animations just distract users with something that shouldn't be the focus. There are too many apps that try to make "pretty design" and they don't realize those pretty design and animation are what distracts users from the actual value the app provides. Even in cases where an app has these pretty designs and are working well, it's because the app is useful, not because the design is pretty.