MEGA Holds $0.156 After 30% Dip with Coinbase Futures Aid; ETH at $2,304

MegaETH's MEGA token stabilizes at ~$0.156 (mcap ~$176M, FDV $1.56B) following a 30% launch-day plunge from thin liquidity, now supported by Coinbase International's new futures listing for improved stability and institutional access. The token launched on April 30 after hitting network benchmarks, releasing 1.129B of 10B total supply—with 53.3% for performance incentives—and spot listings on Binance, KuCoin, and Bitget, alongside USDM stablecoin expansion from $62.9M to $300M. Ethereum trades sideways at ~$2,304 (RSI ~53), reinforcing L2 narratives amid MEGA's measured rollout.