Hey #cPenNetwork community,
Earlier this month, we added CPEN liquidity to PancakeSwap after the CEX listing. However, we noticed it became inactive (holding ~23M CPEN and 0 WBNB). To address this, we’ve taken the following steps:
- Added new liquidity: 6M CPEN + 1.7 WBNB
- Removed inactive liquidity: 23M CPEN + 0 WBNB
Rest assured — we didn't and will never remove WBNB from PancakeSwap liquidity.
For the project development, this is a tough and challenging time for us after the setback.
We need to make major decisions about the direction of the project which is tough. We will make announcements as soon as we have the decisions.
Thank you.
Hey #cPenNetwork community,
We were really excited about the cPen token listing, but it quickly became one of our toughest moments.
We knew there might be some price fluctuations, but we never imagined such a dramatic drop. The last few hours have been filled with frustration, doubt, and deep regret.
We tried our best to support the token by buying during the listing, but the selling pressure was overwhelming—many holders chose to leave all at once.
We've always been open about being a small team without external funding. Our goal was simply to bridge the gap between web 2 and web 3, driven by passion rather than promises of guaranteed success.
As the project grew, so did the community and the trust you placed in us. Our hopes—and yours—kept getting higher.
Unfortunately, our optimism led to some mistakes, especially regarding token distribution. In hindsight, we now realize distributing all tokens at once was a major misstep.
We had big dreams and plans for the project, hoping it would thrive. But this difficult experience reminded us of the stark difference between our aspirations and reality. At this moment, we're genuinely uncertain about the project's future.
The one silver lining is the lessons we've learned from this setback. It's not easy to ask for your continued support right now, but if you're willing to stay, your trust would mean the world to us.
Thank you for reading.
#cPenNetwork is committed to becoming a revolutionary Web3 platform, powered by blockchain and AI technology.
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