🚨 Binance’s $3.5 Billion Oops with $PENGU – Here’s the Full Scoop! 🚨
The crypto world was shaken when Binance made a billion-dollar blunder during the $PENGU token launch! 🐧
💥 The Mistake:
For the first 30 minutes, Binance listed PENGU’s market cap as $350M instead of the actual $3.5B, leading to massive trading chaos.
🔍 What Went Wrong?
A delay in syncing token data from CoinMarketCap (CMC) caused the mix-up.
✅ The Fix:
• Binance immediately collaborated with CMC to resolve the issue.
• They issued a public apology, taking full responsibility.
• And here’s the game-changer: Binance announced 135M PENGU tokens in airdrops to compensate affected traders from the December 17 trading window (14:00–14:37 UTC).
🚀 What’s Next?
Binance is tightening its processes:
• Exploring alternative data sources 🔄
• Strengthening reviews with CMC 🔒
👉 Lesson learned? Even the biggest platforms make mistakes—but owning up and fixing them fast is what counts.
Stay sharp, stay informed, and trade wisely, fam! 💹
#CryptoNewss #PENGU #CryptoTrading. #Write2Earn! #cryptotipshop