{"id":90489,"date":"2025-10-30T20:52:11","date_gmt":"2025-10-30T18:52:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90489"},"modified":"2025-10-30T19:55:18","modified_gmt":"2025-10-30T17:55:18","slug":"megaeth-raises-27-8-billion-in-token-sale","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/megaeth-raises-27-8-billion-in-token-sale\/","title":{"rendered":"MegaETH Raises $27.8 Billion in Token Sale"},"content":{"rendered":"<p>On October 30, the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-an-ico-and-can-you-profit-from-it\">ICO<\/a> of the second-layer solution <a href=\"https:\/\/forklog.com\/en\/news\/can-ethereum-outpace-solana-inside-megaeth-an-ambitious-new-rollup\">MegaETH<\/a> concluded, raising a total of $27.8 billion. The oversubscription exceeded 27 times.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"356\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f0ff0bb6dd42860d-8239129657348046-1024x356.png\" alt=\"image\" class=\"wp-image-268605\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f0ff0bb6dd42860d-8239129657348046-1024x356.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f0ff0bb6dd42860d-8239129657348046-300x104.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f0ff0bb6dd42860d-8239129657348046-768x267.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f0ff0bb6dd42860d-8239129657348046.png 1402w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/sale.megaeth.com\/\">MegaETH<\/a>.<\/figcaption><\/figure>\n<p>MegaETH allowed participants to place bids even after the token reached a maximum clearing price of $0.0999. In total, investors contributed over $1.39 billion at the maximum threshold.<\/p>\n<p>The minimum bid amount ranged from $2,650 to $186,282 per user. According to the website, more than 50,000 participants submitted applications.<\/p>\n<p>The project team announced that it would begin automatically refunding ICO participants whose bids were below the $0.0999 rate.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Next phase: Allocations and Refunds<\/p>\n<p>If you bid under $0.0999<br \/>\u2192 Automatic refunds start today<\/p>\n<p>If you bid at $0.0999<br \/>\u2192 You are being reviewed for allocation.<br \/>\u2192 Review goes until Nov 5th, where allocations will be announced and refunds for unallocated users begin processing. <a href=\"https:\/\/t.co\/QsF7kfTAIa\">pic.twitter.com\/QsF7kfTAIa<\/a><\/p>\n<p>\u2014 MegaETH (@megaeth) <a href=\"https:\/\/twitter.com\/megaeth\/status\/1983884016672743816?ref_src=twsrc%5Etfw\">October 30, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Users who entered at maximum values will be considered for allocation. MegaETH will conduct an analysis of applications until November 5.<\/p>\n<p>The volume of bets on <a href=\"https:\/\/polymarket.com\/event\/over-1pt8b-committed-to-the-megaeth-public-sale?tid=1761579017391\">Polymarket<\/a> regarding the outcome of the token sale nearly reached $60 million. At the time of writing, 99% of participants believe that the total amount raised will exceed $1 billion.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-8950b74e4b08b191-8239130042760879.webp\" alt=\"image\" class=\"wp-image-268606\"\/><figcaption class=\"wp-element-caption\">Source: Polymarket.\u00a0<\/figcaption><\/figure>\n<p>Back in March, MegaETH developers <a href=\"https:\/\/forklog.com\/en\/news\/megaeth-developers-launch-public-testnet\">launched<\/a> a public testnet with a declared throughput of 20,000 TPS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 30, the ICO of the second-layer solution MegaETH concluded, raising a total of $27.8 billion. The oversubscription exceeded 27 times.<\/p>\n","protected":false},"author":1,"featured_media":90490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"MegaETH's ICO concluded, raising $27.8 billion with oversubscription over 27x.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1179,1378],"class_list":["post-90489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-layer-2-solutions","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"300","promo_type":"1","layout_type":"1","short_excerpt":"MegaETH's ICO concluded, raising $27.8 billion with oversubscription over 27x.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90489"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90489\/revisions"}],"predecessor-version":[{"id":90491,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90489\/revisions\/90491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90490"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}