The MEGA token's pre-launch price surged before the TGE, surpassing $0.215, with a 24-hour gain of 8.4%.

BlockBeats News, April 30, according to HTX market information, MEGA (MegaETH) is about to be launched. The on-chain launch is scheduled for today at 18:00 (UTC+8), while the trading platform is expected to go live mostly at 19:00 (UTC+8). The pre-launch price of MEGA saw a spike today before the TGE, briefly surpassing $0.215 and is currently trading at $0.197, representing a 24-hour gain of 8.4%.

Prior to the TGE, MegaETH disclosed the tokenomics as follows: the total supply is 10 billion tokens, with 5% of the total supply offered in the public sale. The detailed token distribution is as follows:

Team and Advisors: 9.5 billion tokens (9.5%);

Foundation / Ecosystem Reserve: 7.5 billion tokens (7.5%);

KPI Staking Rewards: 53.3 billion tokens (53.3%), distributed over time as staking rewards;

Other Investors: 24.7% (including 14.7% VC, 5% Echo Investors, 2.5% Fluffle Buyers, 2.5% Sonar Reward Pool).

According to PolyBeats monitoring, on the prediction market Polymarket, in the market related to "How much will MegaETH's FDV exceed one billion U.S. dollars the day after its launch," the probability of exceeding $800 million is 98%, exceeding $1 billion is 96%, and exceeding $1.5 billion is 70%.