Post #8338

🔥 MegaETH sale: the illusion of decentralization $421M raised by 17K wallets. 8.5x oversubscribed. Sounds like a community success story, until you look closer. ➡️ 1,163 wallets maxed out the $186K cap, contributing $216M — 54% of the total ➡️ Another 402 wallets added $62M with deposits between $100K–$186K ➡️ The smallest 740 participants, who put in $2.6K, made up just 0.5% Crypto Twitter is already debating if the final number will hit $1B or $1.8B. Rumors say holders of the Fluffy NFT may get guaranteed allocation, but only if they lock tokens for a year. And with over 100K registered before the deadline, the chance for a regular buyer is roughly 1 in 20 or 30. MegaETH didn’t revive the public ICO meta, it buried it. A “community sale” where whales got the feast, and the crowd got the crumbs. 🐴Powered by White Horse