Ink Network News Today: What’s Coming After the INK Sell-Off?
INK Phase 2 Takes Center Stage After a Rough Phase 1
Ink Network News Today starts with a fresh post from the INK Network team on X. It says the token fell heavily during the initial stage and that attention now turns to the next stage.
The post adds that the cPen team believes Phase 2 could bring 10X or higher upside. It shares no data, model, or timeline behind that number, as seen in the INK Network post on X.
It also shows a short checklist. In Initial Stage, the PancakeSwap launch and the buyback and burn are marked complete. Next Stage is marked pending.
Source: Ink Network Official X Post
What Is Confirmed and What Is Not
Earlier cPen updates confirm that INK Phase 1 trading went live after distribution finished on September 18, 2026. Tokens reached more than 150,000 eligible wallets, and the official PancakeSwap pool opened soon after.
The first INK burn is also on-chain. A BscScan burn transaction shows 974,818.13 token sent to the burn address on September 19, 2026, at 5:08 PM UTC.
What is not confirmed matters just as much. The 10X figure is a claim from a project account. The post does not define the next stage, give a start date, or name any price level.
Why INK Fell During Phase 1
Heavy selling on distribution day was reported after launch, and organizers had expected some of it. That pattern is common when mined tokens reach a live market for the first time. Many holders sell early after waiting months.
cPen spread the release across three stages to soften that pressure. The remaining stages are still waiting for confirmed dates.
The team also answered price complaints within days. In its price feedback response, cPen said nobody can set or promise a market price for INK. It added that buybacks run on app revenue, not new token issuance.
Why the 10X Claim Needs Caution
That message sits awkwardly next to the 10X line. One says no price can be promised. The other floats a large upside. Readers should treat the 10X line as marketing language, not analysis.
Confirmed updates on distribution and listing have so far come from cPen main X account. Any launch date should be checked there first.
The post also shows no liquidity depth, holder data, or revenue figures. Without those, a 10X target cannot be tested.
Market and Industry Impact
In Ink Network News crypto news coverage, the main market question is supply. More INK is still to be released in later stages. New supply can weigh on price if buyers do not keep pace.
For background on the token and its mining history, see this cPen INK explainer.
Buyback and burn programs add a counterweight. Their size depends on app income, though. The first burn removed under one million tokens, and it is unclear whether that scales.
What Happens Next
No date for the next sta is public. cPen has also outlined four new products: a Step Counter, a mobile game, an AI job-seeking assistant, and a BitMart Assistance Program. None has a launch date.
cPen has said each distribution phase will be announced beforehand. A formal notice should therefore come before any Phase 2 release.
What Remains Unclear
What Phase 2 includes and when it starts
Whether the 10X claim rests on any model
How much supply unlocks in later stages
How large future buybacks will be
Expert Take: What to Watch Next for the next stage
The data suggests Phase 2 is a timing event, not a proven catalyst. The main uncertainty remains supply.
Key signals to track:
An official Phase 2 notice from cPen's main channel
PancakeSwap liquidity and daily trading volume
The size and frequency of on-chain burns
App revenue that funds future buybacks
The main risks are further sell-offs, thin liquidity, and delayed product launches. A clear unlock schedule or larger buybacks could change the picture. For the latest crypto news on INK, on-chain data is a safer guide than social posts.
Conclusion
Ink Network News Today shows a project looking ahead while its token is still under pressure. The next stage tease is real, but the 10X claim is unverified and undated.
For now, Phase 2 is a teaser, not a confirmed event. The date, the scope, and the basis for the 10X claim are all missing. That is common in crypto news today, where teasers often travel faster than facts. Any new cryptocurrency news or crypto news updates on INK will need to answer the same open questions.
Disclaimer: This article is for informational purposes only and is not financial or investment advice. Crypto assets are volatile, and burns or buybacks do not guarantee returns. Do your own research before making any decision.
