MegaETH Public Sale Raises $255 Million in 1.5 Hours with 5x Oversubscription

BlockBeats News: On October 27, according to official data, 1.5 hours after the start of the MegaETH public sale, the raised funds had reached $255 million (with a bidding requirement, actual cap set at $50 million), oversubscribed by 5 times, with a fully diluted valuation (FDV) of $5.1 billion.