MegaETH token sale oversubscribed by 8.9x with $450M committed
Santiment analyst Brian Q said MegaETH may be seeing hype as it promises a blockchain that’s as quick and smooth as a regular app. Ethereum layer-2 network MegaETH’s initial coin offering reportedly “sold out” within minutes and is now oversubscribed by about $400 million, as users scramble to get an allocation of its MEGA token. …