
The overwhelming demand underscores strong investor confidence in Layer 2 scaling solutions and could accelerate MegaETH’s ecosystem growth, while the oversubscribed ICO sets a benchmark for future crypto fundraising rounds.
MegaETH is closing its initial coin offering on 2025-10-30 with a $50 million cap, though more than $1 billion in commitments have been placed for MEGA token allocations. The sale is run via Sonar, allows token lockups for discounts, and allocates based on on-chain activity and alignment with the ecosystem.
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