MegaETH will launch the MEGA Token public sale on October 27, with an initial FDV of 1 million USD.
PANews reported on October 22 that MegaETH, an Ethereum scaling solution developed by MegaLabs, announced on platform X that it will launch a public sale on the Sonar platform under Echo, with an initial Fully Diluted Valuation (FDV) of $1 million and a valuation cap set at $999 million. Users can bid through an English auction, with the highest bid reaching up to $186,282. If subscriptions exceed the amount, priority will be given to existing MegaETH community members, as well as investors who demonstrate long-term consistency through social activities, on-chain behavior, and locked preferences. The dual-peak distribution process ensures that tokens are widely distributed while also prioritizing key contributors. Core supporters of MegaETH will receive priority allocation, and at least 5,000 participants will receive a base allocation with a starting price of $2,650. 5% of the total MEGA tokens will be sold on October 27. The registration process for participation eligibility is now open.
Related Articles
Wave giant whale "pension-usdt.eth" with 1000 BTC long positions is floating with a loss of over $3.2 million
Vitalik Buterin Accelerates $ETH Sell-Off Again — What’s Behind the Move?
Ethereum's market capitalization drops to the 89th position among global mainstream assets