Key factors that will influence whether $MORPHO hits higher or lower end of these ranges đđ
đđ° Revenue capture / fee switch activation: If #Morpho protocol begins capturing meaningful fees (instead of zero or minimal revenue), that supports token value. đâš
Token buy-back or burn mechanism: đâĄReduction in circulating supply or active buy-back would shift token dynamics positively.
TVL growth, market expansion & chain integrations: đŸđł Adoption across new chains, deep vault usage, and strong metrics bolster fundamentals. đ„đ
@Morpho Labs đŠ #Morpho $MORPHO
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 â it will likely benefit in a bull market and suffer in bear.