Why morph Is Trending Today?

Morphosis Capital, a private equity fund, successfully raised EUR 130 million for its Fund II, surpassing its initial target of EUR 100 million. The fund received significant investments from the European Investment Fund (FEI), the European Bank for Reconstruction and Development (BERD), and the International Finance Corporation (IFC), along with a mix of institutional and entrepreneurial capital. Bitget, a cryptocurrency exchange, has transferred 440 million BGB tokens to the Morph Foundation, aiming to accelerate the adoption of BGB as a gas and governance token for the Morph chain. Meanwhile, in the entertainment world, Noah Hawley, creator of 'Alien: Earth', has addressed fan questions about episode 5, discussing characters like Mr. Teng and the Eye Midge, and comparing them to the iconic Xenomorph.

Bitget, a cryptocurrency exchange, has transferred 440 million BGB tokens to the Morph Foundation, marking a significant shift in power as BGB becomes the gas and governance token of the Morph Chain. This move, which follows a 39% supply shift, has led to a 14% surge in Bitget Token price, with BGB token price now eyeing $6. The partnership aims to accelerate BGB's utility on the Morph Chain, with Bitget upgrading BGB to function as the native gas and governance token on the Morph blockchain.