I’m seeing everyone on the timeline celebrate that MegaETH is trading at a 5B FDV in pre-market. Meanwhile, I’m just watching my own allocation melt away because everyone now sees it as free money and will ape into the sale. I’ve already heard from several people that they and their entire extended families will be participating in the sale (yes, KYC is an extra hurdle, but not a real barrier for sybils). But I’m confident the team will filter well using things like social reputation, on-chain activity etc.