MEGA Presale Participants Who Locked Tokens for Rewards See 50% Drop in Book Value

Bubblemaps said presale participants who locked $MEGA tokens to receive rewards have seen their book value fall 50%. According to Foresight News, the presale investment in this group was about $28.3 million, while its current value is about $13.6 million. The tokens are set to unlock in April 2027. Bubblemaps previously disclosed on April 30 that 8,360 wallet addresses received MEGA token allocations. At the time, 50% still held the tokens, 40% had sold all of them, and 10% had sold part of their holdings. The token's fully diluted valuation was about $1.7 billion.