MegaETH Price

Coin Prices

MegaETH Revokes $1 Million Token Sale Allotment After Influencer Posts Trading Plans

Soon-to-debut Ethereum layer-2 network MegaETH is revoking token allocations from those intending to sell or hedge their allotments, with crypto influencer and Kalshi employee IcoBeast a prominent victim of the policy. MegaETH eliminated IcoBeast’s nearly $1 million allocation–based on pre-market predictions– on Sunday after the latter seemed to suggest they would unload their bag. “Man, I badly need to figure out how to hedge this,” the influencer wrote on X. At current pre-market prices my...

by Ryan S. Gladwin · 3 min read

Oct 27, 2025

Markets

Ethereum Network MegaETH Attracts $350M in Token Sale, Valuing MEGA at $7 Billion

Ethereum layer-2 network MegaETH started its initial coin offering auction on Monday—and it became oversubscribed in just five minutes. Now, approximately five hours later, it has attracted $350 million in pre-deposits at a “hypothetical” fully diluted valuation of $7 billion. MegaETH has gained significant hype over the past year, following the launch of its testnet in March. Its primary selling point, especially as an Ethereum scaling network, is its fast transaction execution speed—with some...

by Ryan S. Gladwin · 2 min read

Apr 18, 2025

Health

Two Guys, One Track: Sperm Racing Is Now a Thing—Yes, It Involves Crypto

As sports gambling takes over America and crypto degens look for their next score, a new kind of competition has been born: Sperm Racing. Yes, really. College students are set to provide sperm samples in next week’s competition, where their respective swimmers will then race inside a tiny course specifically designed for the sport. And yes, you can bet on the outcome with cryptocurrency. It might sound like a joke, but there’s real money behind the effort—and, its creators believe, a worthwhile...

by Ryan S. Gladwin · 5 min read