MegaETH opens MEGA trading following seven-day launch countdown
MegaETH has officially launched its MEGA token after completing a seven-day countdown triggered by meeting initial network performance milestones. The token, which has a fully diluted valuation of $1.6 billion, is now trading on major exchanges including Binance, KuCoin, and Bitget. MEGA's distribution model allocates 53.3% of its 10 billion token supply to KPI-based rewards tied to network usage and performance.
- ▪MegaETH launched the MEGA token after 10 'Mega Mafia' applications met initial KPI requirements linked to onchain activity.
- ▪Half of the 8,360 wallets that received MEGA tokens are still holding, 40% have sold their entire allocation, and 10% have partially sold.
- ▪The MEGA token has a fixed supply of 10 billion, with 53.3% allocated to KPI-based rewards instead of traditional vesting schedules.
- ▪MEGA is now trading on major exchanges including Binance, KuCoin, and Bitget, with a fully diluted valuation of $1.6 billion according to CoinGecko.
- ▪Revenue from the USDM stablecoin, whose circulation grew from $63 million to over $300 million pre-launch, will be used to buy back MEGA tokens.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/04/30125812/348c7d72-5285-46a3-97ab-238cf7863af0-800x420.jpg" alt="MegaETH opens MEGA trading following seven-day launch countdown" class="w-full aspect-[19/10] object-cover" /> MegaETH opens MEGA trading following seven-day launch countdown The project leverages KPI-based rewards to link MEGA token emissions with network performance and user interaction. Share Add us on Google by Vivian Nguyen Apr. 30, 2026 MegaETH officially launched its MEGA token on Thursday, completing a seven-day countdown that began after the network demonstrated enough real onchain usage to meet its first performance milestone.
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