MegaETH Raises $450 Million in Oversubscribed Crypto Token Sale With Ethereum Founder Backing

The blockchain project MegaETH has successfully secured $450 million through an oversubscribed token sale, demonstrating strong investor confidence in the Ethereum-based initiative. The funding round received significant backing from Ethereum founders and prominent cryptocurrency investors, highlighting the project's potential within the decentralized finance ecosystem. This substantial capital injection will accelerate MegaETH's development of scalable blockchain solutions and expand its market presence in the competitive crypto landscape.