ZKP highlights $5M giveaway on 31 January 2026 as PENGU fades and ETH weakens

On 31 January 2026, the article details how attention is shifting to ZKP's $5M giveaway and participation model as PENGU retreats and Ethereum trades lower. The analysis cites PENGU's 30% drawdown from early-January highs and ETH hovering near $2,730–$2,750 after repeated failures near $3,300–$3,400. ZKP's design includes allocations of $500,000 to each of ten participants.