INK Network News: Why Is the Phase 2 Teaser Raising Questions?
The INK Network team posted a Phase 2 teaser on X, saying the cPen Team sees a possible 10X or even higher upside for the token. This Crypto News update lands after dropped heavily in Phase 1. The Ink Network News gives no price target, start date, or data behind the 10X number. That part is unconfirmed.
Three Boxes Ticked, One Still Waiting
The post from the official X account shows a short checklist:
Phase 1: done
PancakeSwap: done
Buyback & Burn: done
Phase 2: pending
Source: Official X account
The post does not say what Phase 2 includes. It also does not say when it starts. For anyone following coin Phase 2, that gap matters more than the hype.
Replies Under the Post Turn Angry
The replies tell a different story from the post. Several accounts call the crypto project a scam. The main complaint is cost. Users say they spent years using mobile data to mine, then got very little back. One reply claims the return was about $20.
These are personal claims from social media. We could not verify any single user's earnings. Still, they show how much trust the team must win back before any Phase 2 launch. News readers will see this gap in the replies right away.
cPen's Site Shows INK Burns Still Running Daily
The cPen website explains how the buyback works. A share of app ad revenue buys CPEN from the open market at random times each day. The bought tokens then go to a burn address. That sweep starts at 02:00 UTC each day.
Once burned, tokens cannot be sold, staked, or moved. Anyone can check each step on BscScan. As of September 28, 2026, the site lists 7,737,879 burned. It shows this as 1.45% of the total supply.
Here are the three latest burns listed on the site:
The daily amount fell each day in this window. Three data points are too few to call a trend. Still, This News readers should track it.
Who Holds What in the INK Token Supply
The official site publishes the INK split:
Community: 70%, earned through mining, airdrops, tasks, and referrals
Treasury: 12%, kept for liquidity, listings, and crypto market stability
Team: 10%, locked at launch
Ecosystem: 8%, locked at launch
Team and Ecosystem together make up 18% of supply. That share sits in Pinklock. It unlocks 2% at launch and 2% every 30 days after.
The site also says community INK is minted only when it is handed out. Unclaimed it is never minted. So the size of Phase 2 depends on how much gets distributed.
How INK Got Here
Its mining closed on July 30, 2026, at 23:59:59 UTC, when HATN mining took over, according to earlier reports. Tokens have since moved out in phases.
cPen says it announces each level before it starts. A formal notice should therefore come before any Phase 2 release. That is the one date every holder wants to see.
What round 2 actually contains
When round 2 begins
Whether any model backs the 10X claim
How much unlocks or gets sent out next
Whether daily burns will stay at this size
Until cPen answers these, the 10X line is marketing talk, not analysis. Readers who track This News Today should check on-chain data and the official cPen X account, not replies alone. For INK Token Latest News, the safest rule is simple. Trust what BscScan shows. Treat every big number in a social post as a claim until the team proves it.
What to watch
An official round 2 notice from cPen, PancakeSwap crypto liquidity, and the daily burn size on BscScan. Any round 2 Update from cPen's main X account comes first.
Disclaimer: This article is for informational purposes only and is not financial or investment advice. Crypto assets are volatile and can lose value. Burns and buybacks do not guarantee returns. Do your own research before making any decision.
