🚹 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! 🐧

đŸ’„ 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! đŸ’č

#CryptoNewss #PENGU #CryptoTrading. #Write2Earn! #cryptotipshop