The broader market is practically flatlining, but $MORPHO is still holding strong. Binance spot price is currently around $2.13. The 10,000 U bought at yesterday’s closing price of $2.112 is now worth about 10,071 U; bought at the November 5 closing price of $2.079, it would now be worth about 10,231 U. On November 5, Morpho announced that USDC deposits had surpassed $4 billion, and its lending fundamentals continue to strengthen. It has pulled back about 10.6% from $2.379 over the past 7 days and is down about 11% over 30 days. It remains roughly 49% below its all-time high of $4.17, with a market cap of about $1.5 billion, ranking around 60th. When the Fear & Greed Index is just 25 and BTC is grinding out a bottom around $76,000, coins backed by real deposit growth are the ones people dare to buy on dips. Don’t just watch the top gainers—pay closer attention to where money is quietly flowing in. #Morpho #DeFi