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MegaETH ICO Explodes: 3x Oversubscribed in Under 30 Minutes

MegaETH ICO Explodes: 3x Oversubscribed in Under 30 Minutes

Author:
Blockworks
Published:
2025-10-27 15:13:17
20
1

MegaETH initial coin offering 3x oversubscribed less than 30 minutes post-launch

MegaETH's initial coin offering just shattered expectations—hitting triple oversubscription faster than most traders can finish their morning coffee.

The Funding Frenzy

Investors piled into the MegaETH offering with unprecedented speed, demonstrating massive market confidence despite recent crypto volatility. The 3x oversubscription milestone hit within the same timeframe it takes to watch half a sitcom episode.

Market Implications

This explosive demand signals strong institutional interest in next-generation blockchain projects. MegaETH's architecture promises cutting-edge scalability while traditional finance still struggles with legacy systems—banking infrastructure moves at the speed of molasses compared to crypto markets.

What's Next?

With allocation requests dramatically exceeding available tokens, the project faces the enviable problem of deciding which investors get cut from the final distribution. Another reminder that in crypto, sometimes being too successful creates its own headaches—wall street bankers would kill for these kinds of 'problems'.

|Square

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