$MEGA auction’s went live hours ago and already 7.4× oversubscribed. $370M committed → $50M target crushed. not shocked, honestly. @megaeth_labs is that L2 everyone’s been waiting for. if you’re not bullish, Vitalik Buterin is. He personally invested in the 20M seed round 😜 and not to mention, the testnet’s processed over a billion blocks ▸ the tech speaks for itself. highlights ↓ • 100k+ TPS • sub-10ms latency • real-time EVM speed with Ethereum security • token utility that actually matters: sequencer rotation + proximity markets the token’s not just governance, it runs the engine. ↳ sequencers stake to operate globally, bid for low-latency access, and earn rewards as traffic grows. compare ↓ Optimism: 2k TPS Arbitrum: 40k TPS MegaETH: 100k+ and scaling live from Tokyo → Virginia (read their wp to understand this) under $1B FDV cap, hypothetical FDV already at $7.4B (7× higher). asymmetric setup, real adoption curve. MegaETH isn’t priced for what it’s building yet so the potential’s there. auction open till Oct 30, 1 PM UTC. this round? everyone gets VC-level access.