Morpho Price Surges 20% After DeFi Unicorn Status And $2 Breakout

Morpho, a DeFi protocol, surged 20% after reaching $2, marking a breakout. It gained recognition as France’s first DeFi unicorn, with the status announced by France’s Ministry of Finance. The surge reflects increased investor interest in Morpho, which is building a prominent presence in the DeFi space.

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