Morpho Is Now On 42 Chains With $10 Billion TVL: Up 30% In 30 Days + BTC Bottom Update | Ep 564
Good now revolutionaries— Evan + Will (Alex out on his spelunking + reunion trip) open with the Pengu IPO rumor. If Pudgy Penguins (parent = Igloo) IPOs, the Pengu meme coin is functionally dead — 'who's going to buy the meme coin when you can buy the stock?' Expect a rally in the entire Pudgy ecosystem into the IPO announcement. The airdrop-history debate settles: Pengu distributed ~1.45B, Hyperliquid ~2B. Hyperliquid is the record-holder — although Pengu's went to Pudgy Penguin NFT holders (and Lil Pudgy holders) specifically, not to airdrop farmers.
Bitcoin still in consolidation until it…
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