MegaETH's MEGA token falls 55% on first trading day

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MegaETH’s MEGA token fell about 55% to around $0.17 on its first trading day after reaching $0.38 shortly after trading opened. The project airdropped about 500 million tokens to October public sale buyers, and the token still traded above the $0.0999 clearing price from that sale.

MEGA-10.08%
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