INK Network News: What Could Phase 2 Mean for Token Holders?
INK Network has teased a possible Phase 2 date, raising fresh questions about what comes next for cPen users. The latest INK Network News update also highlights token burns and community expectations, but no confirmed date or 10X price target has been announced.
What Did the Team Tease About INK Network Phase 2?
The post said the wait for INK Network phase 2 could finally end soon. It added that news on the Phase 2 final date might be on the horizon. It also told the cPen community to stay ready. The next update, it said, could be a big moment for the project. Look at the wording. The post says “could” and “might,” not “will.” No exact day was named.
Is a 10X Move Really Coming for the INK Network Token?
The post asked if the price can go even higher and said the community is watching. That is a question, not a promise.
Source: Official X account
There is no price target, chart or deadline in the post. The official website does not mention a 10X price either. Price depends on buyers and sellers, and no team can fix it. The update also links the hype to hopes of stronger buying after round 1 selling. That is a community hope. It is not data.
What Did Phase 1 Already Deliver for Cpen Token Holders?
Phase 1 covered token distribution, a PancakeSwap listing and buyback and burn. Those three steps are done, per the team. This INK Network News check sticks to what the team has confirmed.
INK is a mined utility token. It powers Web3 services inside the cPen ecosystem, where users mine on a phone. The official website lists more than 1M verified miners. CPEN and INK are the two crypto coins in the Token Cpen network. Both feed the same plan.
How Many INK Tokens Have Burned Ahead of Phase 2?
For INK Network News Today, the counter is the clearest number. The official website shows 16,849,694 INK burned. That is 3.15% of the total supply, with the last indexed burn on October 15, 2026.
Here are the three latest daily burns:
Together, that is 1,202,010.61 INK in three days. Each burn is a public transaction that anyone can check on the blockchain.
The daily burn comes from ad revenue. A share of it buys CPEN and INK on the open market at random times. The crypto wallet then sends the coins to the burn address, starting at 02:00 UTC. Those coins can never be sold, staked, or moved again.
How Does Burnchase Split Each Burn?
Burnchase is the voluntary burn feature. Every burn is split three ways:
70% is burned for good
20% goes to the verified referrer
10% goes to the Chasepot prize pool
Chasepot is a free weekly 6/45 draw. It is not open to residents of the United States.
Will Token Unlocks Affect the INK Network Latest News Cycle?
Supply matters as much as burns. INK is split like this:
70% community, earned through the app
12% treasury
10% team
8% ecosystem
The 18% held by the team and ecosystem sits in a lock. It opened 2% at launch and adds 2% every 30 days. Community INK is only minted when it is sent out, phase by phase. Unclaimed INK is never minted.
The only official pool is INK/WBNB at 1%. The site also warns that INK is sent from one distribution wallet. Anything else is not the team.
What Should Holders Check Before the Next Update?
Check the contract before you trade. The INK contract on BNB Chain starts with 0xCe22 and ends with 2F4c. Match it with the one on the official website.
Read every INK Network update only from official channels. Fake accounts often copy big headlines in crypto news like this one. Good INK Network News starts with checked facts.
Check the official X account for the Round 2 final date, and the official website for the daily burn total.
Disclaimer: This article is for information only. It is not financial or investment advice. Crypto prices are volatile, and you can lose money. A token burn does not promise a higher price. Please do your own research.
