MegaETH public offering officially ends, with over 50,000 participants subscribing a total of $1.39 billion, oversubscribed by 27.8 times.

ChainCatcher News, according to the official announcement, the Layer-1 project MegaETH's public sale has officially ended, attracting more than 50,000 participants with a total subscription amount reaching $1.39 billions, and an overall subscription ratio of 27.8 times.

The official statement noted that the next phase will enter the allocation and refund process: users who bid below $0.0999 will automatically receive a refund; users who bid exactly $0.0999 will enter the allocation review stage, which will continue until November 5. At that time, the final allocation results will be announced, and refunds for users who did not receive allocations will begin.