How about a second ping key?
I also play Vain Glory which is a mobile version of league. What's kinda cool is that since they don't have the option to type mid game they have more ping options. Along the top of the screen is things like "danger, on my way, what the fuck are you doing an MIA ?, And some others. Then on the side there's a drop down with others like thumbs up, sad emote, happy emote, an ok, etc..
So I was thinking rather than the idea I saw awhile back where the ping wheel is divided into 8 (which could cause a lot of wrong pings imo, why not add a second ping wheel to another key? Things like warded, a ready ping, and things like that could be added without making the current wheel clustered.