MegaETH Allocation Query Page Now Live
The MegaETH allocation query page is now live, following a highly oversubscribed token sale. This event marks a significant moment in the cryptocurrency space, with over 5,000 users selected based on their verifiable on-chain data and social influence.
Details of the Token Sale and Allocation
MegaETH's MEGA allocation query page has been launched, adding further momentum to its high-profile debut. This launch follows an Initial Coin Offering (ICO) that successfully raised $27.8 billion, positioning it as one of the largest token sales in history.
The allocation process involved selecting 5,000 users based on their on-chain data and social influence. This methodology underscores MegaETH's commitment to transparency and community engagement.
Market Impact and Integration
The launch of the allocation page may influence Ethereum liquidity, as MEGA is designed to integrate as a Layer-2 solution. Participants in the public sale include both institutional and individual investors.
MEGA's deployment is expected to have a significant impact on financial markets, given its substantial investor base. Approximately 25% of MEGA tokens have been allocated to key communities through data-driven methods.
"Over 5,000 users have been selected based on their verifiable on-chain data, social influence, and Mega credentials. They have officially become MegaETH holders, joining Fluffs and Echo. The MEGA allocation query page is now live." - MegaETH Official X Account
Exchange Listings and Scalability Initiatives
The project's launch coincided with its trading debut on major exchanges, including WEEX and Bybit. This development has the potential to redirect liquidity flows from ETH towards new Layer-2 solutions.
Potential outcomes include increased adoption of MEGA across various exchanges, posing a challenge to traditional Ethereum-based financial models. This advancement contributes to Ethereum's ongoing scalability initiatives and further shapes market capitalization dynamics.