MegaETH Raises $50M in Minutes: A Record Token Sale Fuels Ethereum Layer-2 Momentum

MegaETH’s public token sale has achieved a significant milestone, raising $50 million within minutes at a staggering $1 billion valuation. This rapid success draws attention from both institutional investors and leading figures in the cryptocurrency industry. The sale underscores MegaETH’s impact on Ethereum’s layer-2 ecosystem, demonstrating strong demand and market potential amidst strict regulatory compliance. Notably, prominent backers include Dragonfly Capital and crypto luminary Vitalik Buterin, adding credibility to this ambitious project.