PANews reported on October 22nd that MegaETH, the Ethereum scaling solution developed by MegaLabs, announced on the X platform that it will launch a public sale on Echo's Sonar platform. The sale will start at a fully diluted valuation (FDV) of $1 million and will be capped at $999 million. Users will bid via an English auction, with bids reaching up to $186,282. If oversubscribed, priority will be given to existing MegaETH community members and investors who have demonstrated long-term consistency through social activity, on-chain behavior, and lock-up preferences. A bimodal allocation process ensures broad distribution while prioritizing key contributors. MegaETH's core supporters will receive priority allocations, while at least 5,000 participants will receive a base allocation starting at $2,650. Five percent of the total MEGA token supply will be sold on October 27th. Registration is now open for participation.PANews reported on October 22nd that MegaETH, the Ethereum scaling solution developed by MegaLabs, announced on the X platform that it will launch a public sale on Echo's Sonar platform. The sale will start at a fully diluted valuation (FDV) of $1 million and will be capped at $999 million. Users will bid via an English auction, with bids reaching up to $186,282. If oversubscribed, priority will be given to existing MegaETH community members and investors who have demonstrated long-term consistency through social activity, on-chain behavior, and lock-up preferences. A bimodal allocation process ensures broad distribution while prioritizing key contributors. MegaETH's core supporters will receive priority allocations, while at least 5,000 participants will receive a base allocation starting at $2,650. Five percent of the total MEGA token supply will be sold on October 27th. Registration is now open for participation.