MegaETH Public Offering Over-Subscribed, Raising $1.39 Billion

The MegaETH public offering has achieved an unprecedented oversubscription level of 27.8 times, raising a remarkable $1.39 billion from over 50,000 participants. This success signifies robust investor interest in the project’s potential to impact the broader crypto ecosystem. Allocation results are expected to be announced on November 5th.