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News
Significance:
5/10

MegaETH token sale oversubscribed by 8.9x with $450M committed

https://cointelegraph.com/news/megaeth-token-sale-oversubscribed-by-8-9x-with-450m-committed

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Layer 2
Fundraising
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Stephen Katte
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Cointelegraph

Mentions

People
Organizations

Sentiments

Target
Sentiment
Comment
MEGAMEGA
Bullish
The token sale was oversubscribed by 8.9 times, indicating strong demand.
MegaLabs
Bullish
Backed by influential names in the industry and raised large amounts of funding.
Brian Q
Bearish
Expressed concerns about speculative pressure and potential FOMO driving the token sale.