You might have heard about the new wave of meme coins that have entered the market. It doesn’t look like this trend is stopping anytime soon, and there are certainly some tokens that are riding high on this wave. Among them is a new token called Burn Kenny (KENNY) – and yes, this is linked to the famous South Park character.
It comes fresh off of the heels of another popular meme coin that has tapped into the South Park universe – Mr. Hankey Coin. The latter had a massively popular presale, which sold in hours. Guess what? The exact same thing happened with KENNY.
We dive into what Burn Kenny is about so you can get ready before it launches on Uniswap on July 24.
Burn Kenny is Exactly What It Says It Is
Calling itself the “most irreverent cryptocurrency token you’ll ever own”, Burn Kenny doesn’t pretend to be anything other than what it is. It’s another meme coin that leans into the idea of meme coins being used to generate value, and it does not shy away from calling itself “hilariously volatile.”
The team behind the project has proudly turned Kenny from South Park into a meme coin and they want to see it burn. Incidentally, if you don’t know already, the token’s name comes from the famous line in the show, “Oh my god! They burned Kenny!”
The project has a burning mechanism that “resurrects your portfolio’s potential with every transaction.” Still, it’s the community that makes this project, with individuals coming together to make bad jokes and memes, and hopefully, come out on top together.
Meme coins are all the rage at the moment, so it says something that KENNY is doing so well in a niche that is filled with other options. KENNY sold out just as quickly as Mr. Hankey Coin – the $500,000 limited presale flashed past in a blink of an eye. An incredible 40% of the presale sold out in only 30 minutes! It look less than a day for the full presale to sell out.
The total supply is 6,666,666,666 KENNY, with 40% for the presale. 30% has been budgeted for liquidity purposes when it gets listed on Uniswap. The liquidity lock-on period is 3 months. The final 30% will be burnt, with the gradual burn starting 24 hours after listing and continuing over the next 3 days.
There are big plans for the future as well, so KENNY isn’t just a meme coin that comes and goes. In Q3 2023, the project will focus on expanding its presence after the burn phase.
Get excited for this token as it looks like investors are lapping it up. Now all they are waiting for is this official DEX listing, which will happen on Uniswap on July 24.
Check Out The WSM Presale As Well
Wall St Memes (WSM) has emerged as a platform and community closely linked to the GameStop controversy and the Wall Street Bets movement, skillfully combining elements of internet culture, meme-based humor, and the financial industry. Its primary purpose is to humorously critique and satirize the traditional financial system while also providing individuals with an opportunity to invest in cryptocurrency, with a particular focus on meme coins.
To represent this movement in a tokenized manner, Wall St Memes has introduced its own cryptocurrency called the $WSM token. By becoming a part of the Wall St Memes community and investing in $WSM, individuals can express their support for the movement and potentially benefit from investments in meme-based cryptocurrencies.
Currently in its presale phase, the $WSM token is available at a price of $0.0319, which will increase to $0.0322 in the subsequent stage. Remarkably, the project has already raised over $16.6 million in funds.
For those interested in participating, acquiring the token is possible using either ETH or USDT, as the Wall St Memes team emphasizes transparency in explaining the project’s tokenomics. The presale allocation accounts for 50% of the total token supply, with an additional 30% reserved for community rewards, and the remaining 20% evenly distributed between CEX and DEX liquidity pools.
Burn Kenny is sure to turn out to become a token filled with hot potential. Its presale saw tremendous activity and you can expect much more when the Uniswap listing arrives on July 24. As such, it becomes all the more critical that you get in early before it runs out. It’s certainly not going to last for long and you’ll want to check out this meme coin as soon as possible.