While Bitcoin struggles at $67k and the Fear & Greed Index sits at 12 (Extreme Fear),
$MORPHO is quietly ripping higher .
Why MORPHO is moving:
📍 Apollo Global just dropped a bomb – The investment giant announced plans to acquire up to 90 MILLION MORPHO tokens (9% of supply). Institutional demand doesn't get louder than this .
📍 Price action – Currently at $1.56, up 13.18% today. Hit $1.53 earlier with strong volume. Up 83% over the last 7 days – one of the best performers in the entire market .
📍 Technical setup – Trading above $1.43 support. Next target? $1.66 if momentum holds .
The bigger picture:
SEC just allowed stablecoins in broker-dealer capital calculations . Institutions are flooding into compliant DeFi. Morpho is a lending protocol with real yield – exactly what smart money wants right now .
Up 83% in a week sounds scary to chase. But when Apollo is buying 9% of supply, maybe the rally's just getting started.
You accumulating
$MORPHO or waiting for pullback? 👇
#Morpho #defi #Altcoin #Crypto #BinanceSquare