Vitalik-backed MegaETH sees token fall 55% on first day trading

DLNews Staff

(03:29 PM UTC)

1 min read

MegaETH launches its token.
It's off to a shaky start.
Early investors are still in profit.

MegaETH’s token is off to a shaky start.

On Thursday, the layer 2 blockchain, which lists Ethereum co-founder Vitalik Buterin among its early investors, launched its MEGA token, airdropping some 500 million tokens to those who bought them during the project’s October public token sale.

The token began trading…

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