MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders

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Why This Matters

MegaETH, a high-speed Ethereum layer-2, has successfully raised $450M in an oversubscribed token sale, exceeding its target by nearly nine times, with over 14,000 investors participating.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%

Article Context

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The high-speed Ethereum layer-2 drew nearly nine times its target as over 14,000 investors rushed in.

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Original article published by Unknown on October 29, 2025.
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