MegaETH MEGA

What MEGA actually is on-chain

MegaETH is a contract-issued token at address 0x28b7e77f82b25b95953825f1e3ea0e36c1c29861, recorded on mega.etherscan.io. We do not have a verified chain label for that explorer in our dataset, so we will not name the network here — check mega.etherscan.io directly and confirm the address matches before interacting with it.

Another asset tracked on this site also uses the ticker MEGA: Make Europe Great Again (Solana, 5mfWKJ…pump). These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For MEGA the project publishes a public source repository and an active account as @megaeth. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MEGA sits in the market

#240 places MegaETH in the upper mid-cap band. This is where continuous two-sided quoting stops being guaranteed. MEGA still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 6 live MEGA order books (Binance, Bitget, Gate.io, HTX, Upbit, Bithumb). That is wider coverage than most assets ranked near #240 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

MEGA against its all-time high

MEGA is 78.4% off its $0.2177 high (on 2026-04-30). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 4.63x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. That high was set within the last six months, recently enough that it still anchors how most current holders frame the asset.

MEGA across its historical range

The recorded range is comparatively narrow: 7.22x between $0.0301 and $0.2177. Either the price history is short, or the asset is designed not to move.

At 56.2% above its record low of $0.0301 (on 2026-08-14), MEGA sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

MEGA supply structure

MEGA is capped at 10.00 billion MEGA, of which only 1.13 billion is circulating — 11.3% issued, leaving 8.87 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset MEGA is

MegaETH is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files MEGA under 3 categories, including Layer 2 (L2), MegaETH Ecosystem.

How to set a MegaETH alert that is worth receiving

MegaETH (MEGA) — quoted on 6 venues we stream — high dated 2026-04-30 — rank #240. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →