Vitalik's $470M Ethereum L2 Launched Its Token Today — Hit ATH and Dumped 20% in the Same Hour

MegaETH's $MEGA token went live April 30, 2026. Backed by Vitalik Buterin and Joe Lubin with $470M in funding, claiming 100,000 TPS — and airdropping to 500,000 wallets on day one. Here's the full breakdown.