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MegaETH to Auction 5% of Token Supply with Unique Pricing Strategy
MegaETH to Auction 5% of Token Supply with Unique Pricing Strategy
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BTCCSquare news:
MegaETH, a real-time blockchain platform, will auction 5% of its MEGA token supply on October 27, 2025, using an innovative pricing strategy. The auction, hosted on Echo’s Sonar platform, sets a floor price of $1 million and a cap of $999 million, allowing market forces to determine the token’s value.
The English auction format aims to prevent inflated valuations while democratizing access for non-insider investors. A U-Shaped Allocation system will prioritize proven contributors if demand exceeds supply, reinforcing community engagement.
This approach reflects MegaETH’s broader strategy to balance investment appeal with sustainable tokenomics. The auction could set a precedent for decentralized valuation mechanisms in the crypto space.
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