MEGA is starting October with a completely different attitude.
September ended around $0.0418.
Yesterday it jumped nearly 20%.
Today it kept going, trading around $0.054 with more than $100M in 24h volume.
That's the part I care about.
The price moved, but the volume came along for the ride.
MegaETH is an Ethereum Layer-2 built around high-performance, real-time execution, so the token has a pretty big narrative to grow into.
Still, this is a very young token and the supply picture is something I wouldn't ignore. Only around 1.13B MEGA is circulating against a 10B maximum supply.
So yes, the momentum is real.
But now the market has to prove it can hold it.
$0.05 is the number I'd keep watching. $MEGA
Not financial advice. Do your own research and manage your risk.
September ended around $0.0418.
Yesterday it jumped nearly 20%.
Today it kept going, trading around $0.054 with more than $100M in 24h volume.
That's the part I care about.
The price moved, but the volume came along for the ride.
MegaETH is an Ethereum Layer-2 built around high-performance, real-time execution, so the token has a pretty big narrative to grow into.
Still, this is a very young token and the supply picture is something I wouldn't ignore. Only around 1.13B MEGA is circulating against a 10B maximum supply.
So yes, the momentum is real.
But now the market has to prove it can hold it.
$0.05 is the number I'd keep watching. $MEGA
Not financial advice. Do your own research and manage your risk.
