MORPHO briefly surged more than 13% before retreating on July 25, according to BlockBeats. The move appeared to be linked to news that Upbit will list a KRW trading pair for the token. After the short-lived spike, MORPHO changed hands at $2.024, with its market capitalization reported at $1.172 billion. The price action was described as a quick jump followed by a pullback rather than a sustained rally. BlockBeats cited the Upbit listing news as a possible driver behind the move, without giving additional market data beyond the token’s latest price and valuation.
MORPHO rose more than 13% in a short move before giving back part of those gains on July 25, according to BlockBeats.
The price action may have been driven by news that Upbit will list a KRW trading pair for MORPHO. MORPHO was last quoted at $2.024, with a market capitalization of $1.172 billion.
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