The Burn Kenny Coin is currently being touted as one of the best meme coins. Now KENNY was able to complete the viral presale in less than 48 hours, investing $500,000. The staggering pace at which the pre-sale has been solicited by Meme Coin fans indicates significant potential. Because pent-up demand could now fuel FOMO, which is bullish at launch on decentralized exchanges on Monday, July 24th.
PRESALE HAS BEEN FILLED.
We will be unlocking trading on Dex.
Monday 24 July 1800 CET (6pm Central Europe, 12pm EST, 9am PST)
You can’t claim presale tokens or trade $kenny until we are LIVE
— Burn Kenny (@BurnKennyCoin) July 22, 2023
Because on Monday evening at 6 p.m. trading with KENNY will go live on Uniswap, with the team having secured 30% of the total supply as liquidity for three months. This can already be done today Team Finance and DEX Tools to verify. Such early liquidity locks are a rare move in the meme coin market, underscoring legitimacy and eliminating the possibility of a rug pull. Token burns are also rare in the world of meme coins. The Burn Kenny coin lives up to its name here with a 30% token burn to add value to investors thanks to a deflationary tightening of supply.
Burn Kenny Coin is a new meme coin based on the well-known joke from South Park: “OH MY GOD YOU KILLED KENNY!”.
For those wondering why there is already a candle on the KENNY chart when trading has not yet officially started, when the team injected liquidity into the Uniswap smart contract, a front-running bot succeeded. Then trading was paused. So no need to worry for early investors. Public trading only begins on Monday at 6 p.m.
Experts are predicting a big KENNY pump – these are the reasons
Numerous crypto experts predict a big upswing for KENNY when the token launches at Uniswap as early as Monday. Because another meme coin with the “South Park” motto – Mr. Hankey Coin – was able to triple quickly after the launch. The genre therefore has potential for exponential gains. But the triple wins should only be the start for the Burn Kenny Coin. Because the meme coin seems to have everything required to generate a 10x or even 100x performance.
But why does Burn Kenny have such great potential? Here are a few reasons:
Presale shortage fuels FOMO
Only $500,000 worth of tokens were provided in the public presale. This represents 40% of the token supply. Compared to most other pre-sales of meme coins, this sum is really manageable and should ensure that the pent-up demand only takes effect at the DEX launch. Because then numerous investors who missed the presale should jump on Burn Kenny as soon as the token debuts at Uniswap. After all, everyone wants to get KENNY at the best price. This could quickly explode the Burn Kenny Coin.
Burn Kenny inspires the Web3
The new meme token Burn Kenny Coin is launched by the team that also promoted Mr. Hankey (HANKEY), Thug Life (THUG) and SpongeBob (SPONGE). All of them caused a lot of hype and brought profits to early investors. Because the marketing skills are impressive. Already during the presale you could read about Burn Kenny on numerous renowned crypto news websites, for example at CryptoPotato, crypto news, Finbold, Cointelegraph, NewsBTC, CoinCarp.
At the same time, crypto influencers have been dealing with the new meme coin, e.g @alqsy on Twitter, which has nearly 140,000 followers.
Burn Kenny Coin ads can be found on the most visited crypto industry websites like DEXScreener or CoinGecko.
Although the Burn Kenny Coin only started a few days ago, it already has over 2000 followers on Twitter and around 1000 members on Telegram. The hype wave is probably just beginning. The Burn Kenny Coin should not be worth around $1 million for long.
KENNY is a real low-cap gem
The presale values KENNY at a small market cap of just $1.25 million. Given the marketing activities behind the token and the rapidly growing social media hype, it seems unlikely that the market cap will remain at this level for long. Because many other meme tokens with significantly less convincing stories, smaller communities and less strong marketing have already reached a $10, 20 or even 50 million market cap.
Now there is hardly any reason why KENNY cannot match or even surpass these other meme coins. Because the stated goal of the team is a market capitalization of $100 million. With a strong risk-reward ratio, numerous meme coin fans looking for a little gem in the speculative market segment are likely to stumble upon Burn Kenny – and then buy it once the token is listed on Uniswap.
The best token burn in the crypto market?
The Burn Kenny Coin wants to offer investors maximum added value. Therefore, there is an implemented burn mechanism here that generates deflation and should drive the KENNY price up in the medium term. Because 30% of the total supply was reserved for token burns.
Instead of various deflationary token designs that burn their tokens over long periods of time, the Burn Kenny Coin is much more entertaining. Because the burn mechanism starts just 24 hours after the DEX launch and will take 30% of the entire supply out of circulation in three days.
This means that with a KENNY price of at least $0.0001875, around $375,000 worth of tokens will be destroyed in just 72 hours. If KENNY achieves a 5x or 10x performance, the token burn would already be in the millions. This could make the Burn Kenny Coin one of the best crypto token burns.
According to Cryptoeye.io, the top coin for Burning over the past 24 hours has been Verasity at $466,000, closely followed by OpenOcean at just over $10,000.
Investors need to act fast before KENNY explodes
In the dynamic world of meme coins, speed is a key to success. When an investor gets in early, the odds increase. Given the low pre-sale availability and small market cap, KENNY seems unlikely to stay at $0.0001875 – the pre-sale price – for long.
Those who want to get into the project early should be ready immediately on Monday when trading starts at 6 p.m. CET at Uniswap.
At best, investors follow the Burn Kenny Coin Twitter and Telegram, so as not to miss any updates. Then they can still secure KENNY before the rest of the crypto world becomes aware of the 10x coin.
“Investing is speculative. When investing, your capital is at risk. This website is not intended for use in any jurisdiction where the trading or investment described is prohibited and should be used only by persons and in ways permitted by law. Your investment may not be eligible for investor protection in your country or country of residence. So do your own due diligence. This site is available to you free of charge, however we may receive commissions from the businesses we feature on this site.”