MegaETH (MEGA)

My thoughts on $MEGA: unlike L1s, which require a native token to bootstrap and secure their validator network, most L2s fundamentally don’t need one. If an L2 does introduce a token, it should function more like equity tied to real cash flows, and value accrual. Otherwise, the token is often just a liquid exit for the team and early investors.

sold my wife's wig to go all in on mega ico told her it'll 10x in few weeks and we can buyback 10x more wigs weeks turned into months and no tge, at some point i demanded for refund but it fell on deaf ears miraculously they decided to tge and i was up 2x on my investment but guess what? even though i wanted a refund earlier, i still didn't sell cos i wanted a 10x today im underwater and she wants a divorce

-60% in 20 days on $MEGA Echo sale buyers down... Soon fluffle round buyers down too (0.05 loading..) I thought this was the next Hyperliquid...not the next Berachain... What happened bros... What went wrong? https://t.co/H57G9q1JGb

$MEGA Short 🐰 Who convinced you that this wouldn’t have the same fate as other L2s? Hallucination. https://t.co/SORyJ8dGVg

Thoughts: 1. Clarity on distribution per app - every week we have to guess what will give us any allocation, and I know you don't want people to min-max the gamification aspect of it, but currently everyone is left guessing and this puts off most users to even try out the apps. 2. Add "App of the day" or "Apps of the week" - these apps should have boosted incentives and rotate, causing more people to try out more different apps. 3. Ability to stake $MEGA in the Terminal to enhance your booster. Longer lock = higher multiplier. Clear incentive, clear requirements, rewards holders instead of farmers. Or make it clear how much you need to stake in Flux to get a boost in the Terminal. 4. Make token go up Most of my points are regarding clarity, I strongly dislike the guessing and assumptions we have to do in order to climb the rankings. People love to clown on @blast for their post-TGE fumble, but their pre-TGE gamification with Blast Gold and Blast Points was the best iteration of it I have seen in web3. Obviously still things to learn from and improve on, but nothing has come close to this so far, especially on SENTIMENT. Everyone absolutely loved it.

MegaETH $MEGA is down over 50% from all time highs Chart is now trading ~17% under the ICO price Unfortunate but expected https://t.co/cHLoiRcS3R