Megadeth — a world-renowned thrash metal band — launched its own token, the Mega Coin (CRYPTO: MEGA), that allows its fans to access exclusive content and experiences.

What Happened: Megadeth coins were issued on the crypto music platform Rally (CRYPTO: RLY).

Currently, there is a circulating supply of 701,600 MEGA. It also already found 1,800 supporters that invested $174,000 in it so far. The Rally platform will distribute 6,000 RLY among Mega Coin holders per week — just short of $3,000 as of press time.

Those already involved in Megadeth's Cyber Army membership program are eligible for a Mega Coin airdrop with the number of tokens that they can get depending on their membership tier.

RLY Price Action: As of press time, Rally's token is trading at $0.4956 after seeing its price fall by 3.14% over the last 24 hours.