In a stunning display of demand, the MegaETH Token Sale has shattered records, being oversubscribed by 8.9 times with commitments totaling $450 million. The staggering interest signals strong investor confidence in the project’s potential.
MegaETH repurchases 4.75% equity from pre-seed investors ahead of its token sale, consolidating ownership and simplifying its cap table. The move signals confidence as the project prepares for broader market participation.
MegaETH has launched a high-speed testnet this week, aiming to redefine real-time blockchain performance. The initiative seeks to enhance transaction speeds and scalability, positioning MegaETH as a leader in the evolving cryptocurrency landscape.