[Retail Investors Poured $1.4 Billion Into 'Oversubscribed' ICO Projects MegaETH, zkPass, and Momentum This Week] According to reports from Jinse Finance, the token sales of privacy protocol zkPass, decentralized exchange Momentum, and Ethereum Layer 2 network MegaETH have all experienced significant oversubscription this week, with retail investors rushing to participate in these emerging crypto projects. The zkPass protocol launched the sale of its utility token ZKP on Monday, surpassing its $2 million fundraising target within minutes. Although the sale is set to continue for another three days, it has already received subscription applications exceeding $67 million. MegaETH initiated its initial coin offering (ICO) for its MEGA token on Monday, and it was declared 'sold out' within minutes. By the end of the auction on Thursday, the oversubscription multiple for this token sale reached 27.8x, with pledged subscription amounts exceeding $1.3 billion. Meanwhile, the decentralized exchange Momentum, built on the Sui blockchain, launched the sale of its token MMT on Monday, selling out in less than an hour.