Key factors that will influence whether $MORPHO hits higher or lower end of these ranges 🌟🚀

💝💰 Revenue capture / fee switch activation: If #Morpho protocol begins capturing meaningful fees (instead of zero or minimal revenue), that supports token value. 📈✨

Token buy-back or burn mechanism: 🔗⚡Reduction in circulating supply or active buy-back would shift token dynamics positively.

TVL growth, market expansion & chain integrations: 👾🐳 Adoption across new chains, deep vault usage, and strong metrics bolster fundamentals. 🔥💝

@Morpho Labs 🦋 #Morpho $MORPHO

MORPHO

1.379

-4.30%

Token supply/vesting schedule: Large unlocks or high inflation could press price lower; conversely, supply control helps.

Broader crypto market cycle: MORPHO is in the DeFi infrastructure space — it will likely benefit in a bull market and suffer in bear.