The midfielder has stood-out in pre-season with some impressive performances, despite largely coming off the bench.
He has had a mixed Wolves career to date but at only 21-years-old, boss Bruno Lage sees him as an important first team player.
And Coady insists Gibbs-White’s ability to listen and learn will help him shine this season.
“Morgan has been fantastic, but more importantly he’s a fantastic person,” Coady told the Express & Star.
“I’ve mentioned before about players willing to learn, and he’s a prime example of that.
“He’s been brilliant in pre-season. Every single day in training he’s lively. He’s trying to get on the ball and learn from, not just from the manager, but all he players as well.
“He’s still a young player and he recognises that because he’s learning every single day.
“He’s a fantastic footballer, a talented player, and we can’t ask any more of him in pre-season.
“He is one of the ones who is trying to learn every day, he’s been brilliant.”
When asked if it could be the midfielder’s breakthrough year, Coady added: “Without a doubt. He’s a brilliant person but also a fantastic footballer.
“This is the football club he’s grown up supporting and playing for, so he knows all about the football club.”