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they said it will take up to 72 hours for airdrop also I'm sure they'll put up a notice when it's ready. Only for people who bought at listing up to 37 minutes from it being listed
Binance Apologizes for PENGU Listing Issue with a Huge Airdrop Compensation! ⏳
Binance has issued an apology following an issue with the listing of Puddy Penguins ($PENGU ) and announced a large airdrop to compensate affected users. The popular NFT collection Puddy Penguins was launched on multiple exchanges after its airdrop event. On the day of its development, the project began trading on Binance at 11:30 AM. However, a data transaction issue on the exchange impacted the PENGU listing, leading to confusion and losses for investors.
In response, Binance issued an apology for the inconvenience and clarified the situation. The exchange explained that the issue was related to the delay in updating token information, which resulted in PENGU’s market value being shown as 10 times lower than its actual value for the first half hour of trading. While PENGU saw $3.5 billion in trades, Binance incorrectly reflected it as just $350 million, which caused significant confusion and losses.
Binance acknowledged the problem and stated, “We apologize for the inconvenience experienced by our users. In addition to reviewing the issue with our data provider, we will implement measures to prevent similar problems, including researching alternative and multiple data sources.”
To make amends, Binance announced a large airdrop to users who traded PENGU during the period when the incorrect market data was displayed. The airdrop will distribute 135 million PENGU tokens to eligible users who traded between 14:00 and 14:37 UTC on December 17, 2024. The exchange confirmed that the issue arose due to delayed token data updates from its data provider, CoinMarketCap (CMC). Once Binance discovered the issue, CMC quickly restored the correct information.
This airdrop is part of Binance's efforts to compensate affected traders and ensure a smoother experience moving forward.
#PENGUOpening #BinanceAlpha
In response, Binance issued an apology for the inconvenience and clarified the situation. The exchange explained that the issue was related to the delay in updating token information, which resulted in PENGU’s market value being shown as 10 times lower than its actual value for the first half hour of trading. While PENGU saw $3.5 billion in trades, Binance incorrectly reflected it as just $350 million, which caused significant confusion and losses.
Binance acknowledged the problem and stated, “We apologize for the inconvenience experienced by our users. In addition to reviewing the issue with our data provider, we will implement measures to prevent similar problems, including researching alternative and multiple data sources.”
To make amends, Binance announced a large airdrop to users who traded PENGU during the period when the incorrect market data was displayed. The airdrop will distribute 135 million PENGU tokens to eligible users who traded between 14:00 and 14:37 UTC on December 17, 2024. The exchange confirmed that the issue arose due to delayed token data updates from its data provider, CoinMarketCap (CMC). Once Binance discovered the issue, CMC quickly restored the correct information.
This airdrop is part of Binance's efforts to compensate affected traders and ensure a smoother experience moving forward.
#PENGUOpening #BinanceAlpha
you should still get it because the price at which u bought it was inaccurate
I bought it but sold it when the value dropped. Did I lose the right to receive it because I sold it?
$PENGU
Some people were looking for this info...
So basically if you bought at the listing or 37 min from listing they'll send you tokens.
Some people were looking for this info...
So basically if you bought at the listing or 37 min from listing they'll send you tokens.
it this why the all time high is now 0.04 instead of yesterday 0.06
🚀 Massive 135M $PENGU Airdrop Alert 🌟 Were You Among the Lucky Buyers During This 37-Minute Window?
Binance is rewarding users with 135000000 $PENGU tokens as a goodwill gesture following a market data delay 🎁 If you purchased PENGU during a specific timeframe you might just be eligible for this exciting airdrop
What Happened
A delay in updating PENGU market data on CoinMarketCap CMC caused incorrect information to be displayed when PENGU was listed on Binance Spot Once identified Binance collaborated with CMC to refresh the data quickly ensuring transparency for all users
Airdrop Details
• 📅 Snapshot Period 2024 12 17 1400 to 1437 UTC
• 👤 Eligibility Users who purchased PENGU during the snapshot timeframe are eligible excluding market makers and VIP 4 to 9 users
How Tokens Will Be Distributed
The 135M tokens will be shared based on the amount of PENGU purchased during the snapshot period
Example Calculation
If you purchased 10 PENGU your share of the tokens will be calculated as
10 Total PENGU bought by all eligible users x 135000000
⏳ When Will You Receive Your Tokens
Eligible users will see the airdrop tokens in their accounts within 72 hours
Binance Commitment
Binance apologizes for any inconvenience caused and is actively taking measures to enhance data accuracy and prevent similar issues in the future Thank you for your patience and trust
Keep an eye out for more updates and opportunities like this Your trust is our priority 🙌
#PENGUAirdrop #PENGUOpening #BinanceAlphaTop5 #BinanceAirdropsCATandPENGU #BinanceAlpha $$PENGU
Binance is rewarding users with 135000000 $PENGU tokens as a goodwill gesture following a market data delay 🎁 If you purchased PENGU during a specific timeframe you might just be eligible for this exciting airdrop
What Happened
A delay in updating PENGU market data on CoinMarketCap CMC caused incorrect information to be displayed when PENGU was listed on Binance Spot Once identified Binance collaborated with CMC to refresh the data quickly ensuring transparency for all users
Airdrop Details
• 📅 Snapshot Period 2024 12 17 1400 to 1437 UTC
• 👤 Eligibility Users who purchased PENGU during the snapshot timeframe are eligible excluding market makers and VIP 4 to 9 users
How Tokens Will Be Distributed
The 135M tokens will be shared based on the amount of PENGU purchased during the snapshot period
Example Calculation
If you purchased 10 PENGU your share of the tokens will be calculated as
10 Total PENGU bought by all eligible users x 135000000
⏳ When Will You Receive Your Tokens
Eligible users will see the airdrop tokens in their accounts within 72 hours
Binance Commitment
Binance apologizes for any inconvenience caused and is actively taking measures to enhance data accuracy and prevent similar issues in the future Thank you for your patience and trust
Keep an eye out for more updates and opportunities like this Your trust is our priority 🙌
#PENGUAirdrop #PENGUOpening #BinanceAlphaTop5 #BinanceAirdropsCATandPENGU #BinanceAlpha $$PENGU
are you guys planning on eating the token or what?
$PENGU it is halal ?
for those who bought at listing HOLD
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Binance Announcement
--
Updates on Pudgy Penguins (PENGU) Token Information
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Due to a delay in updating the token information for Pudgy Penguins (PENGU) by our data provider CoinMarketCap, the market capitalization and full diluted valuation (FDV) displayed data for the project was not updated in time upon the listing on Binance Spot. Binance notified the CMC team upon discovery and CMC has swiftly refreshed their data.
The transparent nature of blockchain means on-chain data will be the most reliable and updated. As an exchange platform, Binance uses third-party sources to display data for our users’ convenience and reference only.
As a goodwill gesture, Binance has earmarked 135,000,000 PENGU tokens to be distributed to eligible users who bought PENGU between 2024-12-17 14:00 (UTC) and 2024-12-17 14:37 (UTC). The airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Airdrop Details:
Transaction Snapshot Period: 2024-12-17 14:00 (UTC) to 2024-12-17 14:37 (UTC)Eligible Airdrop Users: Users who purchased PENGU in the Binance Spot market (excluding the project’s market makers and VIP 4 - 9 users).Airdrop Rules: Binance will airdrop 135,000,000 PENGU to eligible users who purchased PENGU on Binance Spot during the transaction snapshot period based on their spot purchase volume.
For example, User A purchased 10 PENGU at 2024-12-17 14:10 (UTC) and sold all their PENGU at 2024-12-17 14:47 (UTC). The amount of PENGU token they can receive will be:
(10 / Total amount of PENGU purchased by all eligible users during the transaction snapshot period) * 135,000,000 PENGU
Binance apologizes for any inconvenience caused to users. In addition to conducting a review with our data provider, Binance will implement measures to prevent recurrence, including exploring alternative and multiple data sources.
Thank you for your support!
Binance Team
2024-12-18
Note: This announcement was updated on 2024-12-18 to clarify the airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Fellow Binancians,
Due to a delay in updating the token information for Pudgy Penguins (PENGU) by our data provider CoinMarketCap, the market capitalization and full diluted valuation (FDV) displayed data for the project was not updated in time upon the listing on Binance Spot. Binance notified the CMC team upon discovery and CMC has swiftly refreshed their data.
The transparent nature of blockchain means on-chain data will be the most reliable and updated. As an exchange platform, Binance uses third-party sources to display data for our users’ convenience and reference only.
As a goodwill gesture, Binance has earmarked 135,000,000 PENGU tokens to be distributed to eligible users who bought PENGU between 2024-12-17 14:00 (UTC) and 2024-12-17 14:37 (UTC). The airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Airdrop Details:
Transaction Snapshot Period: 2024-12-17 14:00 (UTC) to 2024-12-17 14:37 (UTC)Eligible Airdrop Users: Users who purchased PENGU in the Binance Spot market (excluding the project’s market makers and VIP 4 - 9 users).Airdrop Rules: Binance will airdrop 135,000,000 PENGU to eligible users who purchased PENGU on Binance Spot during the transaction snapshot period based on their spot purchase volume.
For example, User A purchased 10 PENGU at 2024-12-17 14:10 (UTC) and sold all their PENGU at 2024-12-17 14:47 (UTC). The amount of PENGU token they can receive will be:
(10 / Total amount of PENGU purchased by all eligible users during the transaction snapshot period) * 135,000,000 PENGU
Binance apologizes for any inconvenience caused to users. In addition to conducting a review with our data provider, Binance will implement measures to prevent recurrence, including exploring alternative and multiple data sources.
Thank you for your support!
Binance Team
2024-12-18
Note: This announcement was updated on 2024-12-18 to clarify the airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
go look at the project (dyor) coin has potential my personal opinion
$PENGU
Let's talk about new listings.
Every time a new token is listed in binance you see some explosive percentages and posts talking about this "huge" profit.
The reality is that when a token is listed, the first Upper and Lower prices are set as a point of reference and do not represent actual price fluctuations.
In the case of $PENGU the low price of 0.004 is arbitrary (a random starting point).
If you want to see the actual starting value you can navigate to the Time tab in the diagram.
Last but not least, why do you think people post about the "HuGE PrOFits!" of new listings?
Let me know in the comments!
Let's talk about new listings.
Every time a new token is listed in binance you see some explosive percentages and posts talking about this "huge" profit.
The reality is that when a token is listed, the first Upper and Lower prices are set as a point of reference and do not represent actual price fluctuations.
In the case of $PENGU the low price of 0.004 is arbitrary (a random starting point).
If you want to see the actual starting value you can navigate to the Time tab in the diagram.
Last but not least, why do you think people post about the "HuGE PrOFits!" of new listings?
Let me know in the comments!
$3 ? total supply 120M
$VANA launchpad and Price Prediction
Binance will be the first platform to list $VANA, with trading starting at 2024-12-16 10:00 (UTC). Any claims to offer this token for sale before that, is SCAM.
VANA launchpad still going on and you can stake $BNB or $FDUSD to participate and get airdrop.
My price prediction of $VANA at starting the trade, is:
$30~$40
(Comment your suggested price below)
Here are some more details on VANA launchpad:
Max Token Supply: 120,000,000 VANA Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply) Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)
VANA launchpad still going on and you can stake $BNB or $FDUSD to participate and get airdrop.
My price prediction of $VANA at starting the trade, is:
$30~$40
(Comment your suggested price below)
Here are some more details on VANA launchpad:
Max Token Supply: 120,000,000 VANA Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply) Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)