MegaETH Raises $1.3B in Oversubscribed Token Sale, Valued at $27B

2025-10-31 14:30

Retail investors have poured $1.4 billion into recent token sales, with MegaETH leading the charge by raising $1.3 billion, achieving a valuation of $27 billion. The token sale was significantly oversubscribed, reflecting heightened investor interest. Additionally, zkPass and Momentum also saw substantial oversubscription, with zkPass being 17 times oversubscribed and Momentum 4.5 times. This surge in retail investment is reminiscent of the peak ICO mania period, indicating a potential resurgence in speculative token sales.

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