MegaETH’s mainnet is now live, but the associated mega token will not launch until specific milestones, such as minting $500 million USD or achieving 100,000 transactions across ten applications, are met. This approach mirrors recent trends in Layer 2 projects, which have delayed token releases to prioritize user engagement and reduce speculative trading. Monitoring the rate of USD minting over the next 48 hours will be crucial, as a stall under $100 million in the first week could lead to a delay in the token generation event, following a playbook similar to other recent projects.
Megaeth mainnet goes live, Mega Token launch awaits USDM minting target
