MORPHO Token Soars 13% in a Single Day

The MORPHO token has experienced a significant price surge over the last 24 hours, climbing above $2 and gaining an impressive 13%. This unexpected rise has generated noticeable interest within the crypto market. Key factors driving this increase include growing confidence in the token’s potential within decentralized finance (DeFi) protocols, as well as wider market sentiment shifts. The rapid price increase underscores a unique event with implications for investor behavior and market dynamics.