MegaETH blew past its fundraising cap with over $1.3 billion committed, achieving a theoretical valuation of over $27 billion after closing on Thursday. Token sale events for privacy protocol zkPass, decentralized exchange Momentum and Ethereum layer-2 network MegaETH have been massively oversubscribed this week, as retail investors clamor to get a slice of emerging crypto projects. The zkPass protocol launched the sale of its utility ZKP token on Monday and surpassed its $2 million target within minutes. The offering still has three days to go, but has received over $67 million worth of allocation requests.zkPass bills itself as a decentralized oracle protocol that takes private data held on websites and transforms it into verifiable proofs onchain or in Web3 apps, without exposing the underlying raw data.Read more MegaETH blew past its fundraising cap with over $1.3 billion committed, achieving a theoretical valuation of over $27 billion after closing on Thursday. Token sale events for privacy protocol zkPass, decentralized exchange Momentum and Ethereum layer-2 network MegaETH have been massively oversubscribed this week, as retail investors clamor to get a slice of emerging crypto projects. The zkPass protocol launched the sale of its utility ZKP token on Monday and surpassed its $2 million target within minutes. The offering still has three days to go, but has received over $67 million worth of allocation requests.zkPass bills itself as a decentralized oracle protocol that takes private data held on websites and transforms it into verifiable proofs onchain or in Web3 apps, without exposing the underlying raw data.Read more

Retail throws $1.4B into ‘oversubscribed’ MetaETH, zkPass, Momentum ICOs

2025/10/31 10:30
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

MegaETH blew past its fundraising cap with over $1.3 billion committed, achieving a theoretical valuation of over $27 billion after closing on Thursday.

Token sale events for privacy protocol zkPass, decentralized exchange Momentum and Ethereum layer-2 network MegaETH have been massively oversubscribed this week, as retail investors clamor to get a slice of emerging crypto projects. 

The zkPass protocol launched the sale of its utility ZKP token on Monday and surpassed its $2 million target within minutes. The offering still has three days to go, but has received over $67 million worth of allocation requests.

zkPass bills itself as a decentralized oracle protocol that takes private data held on websites and transforms it into verifiable proofs onchain or in Web3 apps, without exposing the underlying raw data.

Read more

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