A new meme coin has stormed onto the market with an immensely hyped presale causing it to sell out in just over 24 hours.
Burn Kenny launched its presale on July 20th and is prepared to launch on decentralized exchanges this coming Monday.
Experts are quickly touting this as the next 10x meme coin on the market, with an explosive week ahead as influencers and caller groups continue to promote the project.
The meme coin is turning heads due to its unique theme and its intuitive deflationary tokenomics, which will see up to 30% of the total supply burnt in its first three days.
Burn Kenny’s Secretive Presale Causing Immense Hype for Next Week’s Launch
Burn Kenny is the newest meme coin causing immense FOMO in the sector as traders eagerly await its launch on Uniswap – scheduled for July 24, 2023.
Traders hope to get positioned into $KENNY as soon as it hits Uniswap to ride the 10x wave influencers expect to see during the week.
Taking inspiration from the South Park theme – which birthed Mr. Hankey Coin last week and produced 3x returns – Burn Kenny is based on the wholesome character of the same name.
Kenny has a cult-like following as viewers see the South Park character die in every episode.
Now, $KENNY is turning the beloved character into a meme with an intuitive burning mechanism designed to resurrect portfolios as Kenny resurrected himself in every South Park episode.
Described as the most irreverent crypto you’ll ever own, $KENNY is ready to create hilarious volatility that owners will think they’re in an episode of South Park themselves.
Unique Deflationary Tokenomics Creating Enormous Hype
$KENNY underwent an explosive presale as it introduces a clever and effective burning mechanism into the meme coin, representing the overall theme of Burn Kenny.
With an initial supply of 6,666,666,666 tokens, $KENNY will burn 10% of its total supply daily for the first three days after launching decentralized exchanges on Monday – removing 30% from the overall supply after the event.
$KENNY’s burning mechanism is certainly its flagship feature that will potentially help the price to surge.
The token burn is expected to cause a wave of FOMO for investors and incentivize holding for those involved in the presale, as 30% of the total supply will be removed from circulation.
Token burns help to increase the value of tokens by reducing their supply, making them scarcer and harder to buy. While helping to create pumps if the demand increases (or stays stable), they also promote the long-term health of an asset.
Liquidity Lock Designed for Explosive Week Ahead
In addition to the token burn, the team has pledged to lock 30% of the total supply in the liquidity pool.
They will use Team Finance as a third-party solution to prove to the community that the tokens have been locked, creating a suitable trading environment for traders to get in and out of the market efficiently.
In addition, having a three-month lockup period means the team won’t be able to touch the tokens for some time, preventing any concerns about a potential rug-pull.
In total, this means that 40% of the tokens were sold in the presale, 30% were dedicated to the liquidity pool, and another 30% were reserved for the token burn.
As a result, the team hasn’t allocated any tokens for themselves, demonstrating the community-driven ethos behind the meme coin project.
Influencers and Caller Groups Predict 10x Returns: DEX Launch Scheduled for Monday.
With such immense hype behind the presale, experts and influencers are increasingly suggesting that $KENNY has the potential to surge by over 10x next week after its DEX launch.
For example, Jacob Bury, a well-known crypto YouTuber with a growing audience, recently uploaded a video stating that he believes $KENNY is next week’s 10x project to get positioned in;
The presale sparked a wave of FOMO after selling 40% of the presale allocation in just 30 minutes;
— Burn Kenny (@BurnKennyCoin) July 20, 2023
Now, with the presale over, traders eagerly anticipate the token’s launch.
Furthermore, Burn Kenny has also attracted the attention of major caller groups, who regularly spot crypto gems before they explode. For example, Crypto Wale Pumps, a trading group with over 23,000 members, has already taken notice of $KENNY;
Overall, with the anticipation for the DEX launch building, $KENNY has already set the foundation for an explosive week ahead with 10x returns for those lucky enough to get positioned in the first hours following its launch.
Keep an eye on the social media channels for the exact launch time so you have the opportunity to get invested quickly.
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