Coinlaunch Trust Score
Coinlaunch Trust Score
76 (High)
MegaETH Price:
$0.0505 20.91%
🏦 Market Cap $57.04M
💰 FDV $504.89M
📊 Volume $75.56M
📈 ATH Price $0.22
💵 ROI 5.05x 404.89%
💸 ATH ROI 21.77x 2,077.16%
Top Investor
robot ventures logo
Robot Ventures Venture
Dragonfly Capital Logo Big Brain Holdings logo +5
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Progress
3.29% 1306 Days left
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MegaETH - Logo.

MegaETH (MEGA)

Past
Total Raise: $108M
Date: 26 Jun, 24 - 21 Nov, 25

MegaETH is an Ethereum Layer 2 blockchain built to enhance the scalability and speed of the Layer 1 network. It is fully compatible with the Ethereum Virtual Machine and can process over 100,000 transactions per second (TPS), according to the claims of the team.

While details about the $MEGA token's utility and tokenomics have not been disclosed yet, users can currently participate in the test net, which could potentially lead to a MegaETH airdrop in the future.

The MegaETH project has successfully raised $20M from reputable backers, such as DragonFly Capital, Vitalik Buterin, Santiago R. Santos, and others, as well as $88M throught multiple token sale rounds 

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

MegaETH Overview

Ticker: MEGA
Blockchain Network: Ethereum
Country: United States
Founded: 2024
Whitelist: No
KYC: No
Bounty: Yes
MVP: Yes
Type: ICO
Token Contracts:
Yes

MEGA/USD Price Chart

📈 ATH Price $0.218 30 Apr
📉 ATL Price $0.0301 14 Aug
From ATH -76.81%
From ATL +67.53%
Exchange Pair Price Volume (24H) Trust Score
Binance
MEGA/USDT
USDT 0.0505
$0.0505
16.41M
Bybit
MEGA/USDT
USDT 0.0505
$0.0505
7.12M
OKX
MEGA/USDT
USDT 0.0505
$0.0504
4.46M
Gate
MEGA/USDT
USDT 0.0504
$0.0504
2.31M
KuCoin
MEGA/USDT
USDT 0.0505
$0.0505
1.91M
Bitget
MEGA/USDT
USDT 0.0504
$0.0504
566.46K
MEXC
MEGA/USDT
USDT 0.0504
$0.0504
282.41K
HTX
MEGA/USDT
USDT 0.0506
$0.0506
193.66K
Coinbase Exchange
MEGA/USD
USD 0.0504
$0.0504
2.68M

MegaETH Review

Last updated: 21 Jun

Current EVM chains are limited in both transaction speed and computing power, making it hard to run advanced applications on-chain. Even top performers like opBNB fall far short of Web2 server capabilities, processing only thousands of transactions per second vs. millions off-chain. These performance gaps mean complex tasks that take seconds on-chain can run in milliseconds off-chain. 

MegaETH is an EVM-compatible blockchain designed to deliver Web2-level real-time performance and match the speed of traditional cloud servers. It features ultra-high throughput, scalable compute power, and uniquely low-latency response times even under pressure, enabling developers to build complex, performance-intensive applications without compromise.

MegaETH achieves ultra-fast performance by implementing several key architectural innovations:

  • Specialized Sequencers – Sequencers handle transaction execution, block creation, and submission to L1, streamlining processing and finality.
  • Optimized Node Types – Read replicas, full nodes, and provers work together to maintain chain state, validate transactions, and generate proofs efficiently.
  • Decentralized Data Availability (DA) – Ensures all critical data is accessible and verifiable across the network, enabling secure and trustless operations even if sequencers act maliciously.

🪙 MegaETH token: The $MEGA token will be the protocol’s native token, but currently, there is no information available about its tokenomics or utility. Nevertheless, like most L2s, it is most likely to be released for decentralization of the sequencer and governance purposes. It also runs an active testnet campaign, which we assume will be the major criterion to qualify for the MegaETH airdrop. 
 

The CoinLaunch team analyzed MegaETH L2 and identified some pros and cons to consider before participating in future token sales or the MegaETH testnet: 

✅ MegaETH pros: 

  • Fancy UI/UX;
  • Good SMM, Growth Marketing, and PR Performance.
  • Not bad Influencer Marketing and SEO;
  • Has a reputable Tier 1 backers and Partners;
  • The core team has work experience in Tier 1 companies (IBM, Consensys).

📛 MegaETH cons: 

  • The product does not match any  of the current market narratives;
  • No clear information about tokenomics and vesting schedule;
  • Below-the-average Marketing Infrastructure.

MegaETH Team

Yilong Li
Yilong Li
Co-founder
Namik Muduroglu
Namik Muduroglu
Co-founder
Shuyao Kong
Co-founder
Laura Shi
COO & CFO

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TBA
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