INK Network News: Phase 2 Teaser Promises 10X, But Where Is the Proof?
The INK Network team posted a new message on X about 17 hours ago. The headline of the post is simple: INK Phase 2 is getting closer. This INK Network News update has strong words in it, but very few details. Let's go through what the team said and what the official data shows.
What Did the INK Team Say in the Phase 2 Post?
The post starts with a hard truth. Phase 1 brought heavy selling pressure. Then it shifts the focus to Round 2, which it calls the real attention point.
Source: Official X account
The team says the cPen Team has talked about a possible 10X or even higher upside. The post also mentions stronger buying momentum ahead. But it does not give a price target. It does not give a launch date. It also shows no numbers or model behind the 10X claim.
The post ends with a small checklist. Phase 1, the PancakeSwap listing and the Buyback and Burn, are marked done. Round 2 is marked pending.
What Did Phase 1 Actually Deliver?
According to the project's recent updates, Phase 1 reached more than 150,000 wallets. INK also got listed on PancakeSwap on the BSC network. The first buyback and burn was about 975,000 tokens.
These are real steps. But they also explain the selling pressure. When many crypto wallets receive tokens at once, some holders sell fast. That is common in reward-token projects, and Phase 1 seems to have followed that pattern.
INK Burn News: How Does the Daily Burn Work?
This is the part you can verify yourself. The cPen site says a share of app ad revenue is used to buy INK from the open crypto market. The buys happen at random times during the day. Then the bought tokens go to a burn address, and the daily burn sweep starts at 02:00 UTC.
Burned tokens can never be sold, staked or moved again. Each step is a transaction on BscScan.
As of October 3, 2026, the site shows 10,919,754 INK burned. It lists this as 2.04% of total supply. Just five days earlier, on September 28, the same site showed 7,737,879 INK burned, or 1.45%. So about 3.18 million more INK went into the burn address in that short time.
Here are the latest daily burns:
The daily amount stays close to 600,000 INK. That is steady, but it depends on ad revenue. If ad income drops, the burn size can drop too.
One small note for careful readers. The site does not say which supply number it uses for the percentage. Since community INK is minted only when it is given out, the supply changes over time. Check BscScan if you need exact figures.
INK Token Distribution: Who Holds What?
The official site splits INK into four parts. The community gets 70%, which is earned through mining, airdrops, tasks and referrals. The treasury gets 12%, kept for liquidity, listings and market stability. The team gets 10% and the ecosystem fund gets 8%. Both of these are locked at launch.
Team and ecosystem together are 18% of supply. That amount sits in Pinklock. It unlocks 2% at launch, then 2% every 30 days after that. The site lists 111,091,714.73 INK locked for the team and 88,873,371.79 INK for the ecosystem.
Here is the key point for Phase 2. The site says unclaimed community INK is never minted. So the size of round 2 depends on how much INK is actually handed out.
What Is on the cPen Roadmap Beyond Token Phases?
The crypto project says it wants real use cases, not only token releases. The plans include a step counter, a mobile game, an AI job assistant and ecosystem programs to keep users active for a longer time.
These are my plans for now. A working product is what will prove long-term value. Readers should wait for launches before treating any of them as a reason to expect price gains.
The Bottom Line
INK Network News today is a mix of real data and big hopes. The burns are visible on-chain and have crossed 10.9 million INK. The INK Phase 2 hype has no dates or details behind it yet. The next thing to watch is an official Phase 2 notice from cPen, along with the daily burn size and the INK pool on PancakeSwap.
Disclaimer: This article is for information only. It is not financial or investment advice. Crypto is volatile and can lose value. Burns and buybacks do not guarantee returns. Please do your own research.
