parabolic move, profit taking, pullback. this is just what a healthy chart does...
what the sellers can't touch is the
@NetNetCap reserve. numbers straight off the reports page:
> $3.15m of on-chain RFV. 40% in cash, 60% deployed to Morpho
> 88% of the 55k supply is staked
> 901 epochs of runway, 300 days, and that's the worst case at the 0.45% ceiling too
> $4.9m circulating market cap against $3.1m of reserves the drawdown doesn't reach.
pulled back to the golden pocket... im bidding $NET here