MegaETH’s initial coin offering (ICO) has been massively oversubscribed, reflecting strong investor interest and confidence in the project.
As a result, the team announced a “hypothetical” fully diluted valuation (FDV) of $7 billion.
This significant milestone highlights MegaETH’s potential in the cryptocurrency market and underscores the enthusiasm surrounding its launch.
https://decrypt.co/346104/ethereum-network-megaeth-350m-token-sale-valuing-mega-7-billion