Standard Chartered set a $60 price target for Morpho by 2030, boosting investor confidence in its role in decentralized finance. Following the report, Morpho's price rose 14.15% with a 315% increase in trading volume, driven by new institutional buying rather than short-term speculation. Derivatives markets also saw increased activity, supporting the rally without excessive leverage. Technically, Morpho completed a bullish double-bottom reversal and is testing key resistance at $2.24, with potential to reach $3.00 if it breaks out. The report signals growing long-term institutional adoption in DeFi lending rather than immediate gains.
MemeCore surged 33.20% to $1.62, topping the gainers chart with a $2.13 billion market cap, driven by its community focus and playful branding. Other notable gainers include LAB (+32.19%), Worldcoin (+17.75%), Audiera (+15.74%), and Sky (+13.74%), re...
MemeCore surged 60.14% to $1.22, topping the crypto gainers list thanks to active community engagement and social media efforts. Other notable gainers include BinanceLife, Jupiter, Morpho, and Ondo, each rising between 8-13% driven by ecosystem integ...
Morpho (MORPHO) surged over 5.5% after Standard Chartered initiated coverage with a $60 price target by 2030, forecasting a 33-fold return. The bank highlights Morpho's strong position in decentralized lending and tokenized finance, expecting its ass...
Standard Chartered has endorsed Morpho as a key player in decentralized finance (DeFi) infrastructure, highlighting Morpho's Total Value Locked (TVL) surpassing $10 billion. This milestone positions Morpho as the second-largest DeFi lending protocol ...
Standard Chartered initiated coverage of Morpho with a $60 price target by the end of 2030, projecting about 33 times upside from current levels. The bank highlights Morpho's dual role as a DeFi lending protocol and infrastructure provider for onchai...
