MegaETH token goes live as major exchanges open MEGA trading
MegaETH's MEGA token launched Thursday after the Ethereum scaling network hit its first performance milestone. Major exchanges including Binance, KuCoin, and Bitget opened spot trading simultaneously at 11:00 UTC. The token features unusual economics with 53.3% supply tied to performance-based KPIs rather than time-based vesting. USDM stablecoin circulation surged to over $300 million during the token generation event.
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