MEGA Premarket Plummets Ahead of Mainnet Launch

As MegaETH, the Ethereum Layer 2 and real-time blockchain, prepares for its mainnet launch and token generation event (TGE) in February, MEGA’s pre-market valuation has plunged by 20% over the last 24 hours.

The MEGA pre-market perpetual derivative on Hyperliquid plummeted 20% today, falling as low as $0.125, or a $1.25 billion fully diluted valuation (FDV), before rebounding to its current price of $0.148.

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