Saturday 22North Dakota of July – Burn Kenny’s coinWidely touted as one of the top meme coin investment opportunities of 2023, it just sold its $500,000 pre-sale in less than 48 hours.
The surprising rate at which the pre-sale was gobbled up by meme coin degens suggests that significant pent-up demand and FOMO will lead to the token’s launch on decentralized exchanges (DEXs) on Monday the 24th.he of July.
Trading of $KENNY will start at 18:00 CET on Monday on Uniswap, and the team has already secured 30% of the token supply as liquidity for three months, as can be verified at DEXTools Everyone and team finances.
Liquidity locks are a rare move in the meme coin market, underscoring the legitimacy of the project and guarding against the possibility of a carpet flip.
Burn Kenny Coin is a new meme coin based on the South Park gag about the multiple untimely deaths of the character Kenny (“OH MY GOD, THEY KILLED KENNY!”).
For those wondering why there is already a candlestick on the $KENNY chart even though the trade has not officially launched yet, as the team was blocking liquidity on the Uniswap smart contract, a leading bot managed to get in before the trade was subsequently halted, so nothing to worry about!
Visit Burn Kenny Coin here
Experts Predict a Big $KENNY Bomb: Here’s Why
Numerous crypto experts predict a great advantage for $KENNY when the token launches on Uniswap on Monday.
The South Park-themed meme coin, Mr. Hankey Coin, which launched just over a week ago, was able to triple its pre-sale price, demonstrating the potential for the South Park meme coin genre to generate exponential returns for early investors.
But the 3x winnings could be just the beginning for the Burn Kenny Coin.
In fact, the meme coin seems to have all the makings of a coin that could be multiplied by 10 or even 100.
Let’s examine some reasons why.
Limited pre-sale availability means massive pent-up demand
Only $500,000 worth of $KENNY tokens were made available in the public pre-sale (representing 40% of the token supply).
Compared to most other meme coin pre-sales, that’s small and should ensure that a lot of pent-up demand remains at the DEX launch.
A flood of investors who missed out on the pre-sale are likely to rush when the token debuts on Uniswap to try and get their $KENNY tokens at the most favorable price possible.
That could cause the price of $KENNY to rise rapidly.
Burn Kenny Coin is setting fire to Web3
The Burn Kenny Coin is being launched by the same team that brought us Mr Hankey Coin ($HANKEY), Thug Life Token ($THUG) and SpongeBob ($SPONGE), all of which created a lot of buzz and generated big profits for early investors.
And the team’s marketing prowess is on display once again, with Burn Kenny Coin setting fire to web3 right now.
The project has been featured in dozens of the industry’s most reputable media outlets, including the likes of crypto potato, cryptonews, finbold, Cointelegraph, NewsBTC, CoinCarp and many more.
Dozens of high-profile crypto-influencers have been promoting the coin on social media, including the likes of @alqsy on Twitterwho has nearly 140,000 followers.
Burn Kenny Coin ads have even been seen on some of the highest trafficked websites in the crypto industry, such as CoinGecko and DexScreener.
Even though it was only released a few days ago, Burn Kenny’s coin Official Twitter has already managed to build an organic following of over 2,000 degens, while its telegram channel it has about 1,000 members.
With Burn Kenny Coin riding such a powerful hype wave, its market capitalization is highly unlikely to stay in the single-digit millions for long.
$KENNY is a low market cap gem
The pre-sale valued $KENNY at a small market cap of just $1.25 million.
In light of the huge marketing push behind the token and the rapid growth of social media, its market cap is unlikely to stay this low for long.
Think about it.
How many other meme coins with much less compelling stories, smaller communities, and less powerful marketing teams have we seen hit market caps of $10, $20, or even $50 million?
A handful.
There is no reason why $KENNY cannot match or even surpass these other meme coins and achieve the team’s stated goal of reaching a market capitalization of $100 million.
As a result of $KENNY’s fantastic risk-reward ratio, meme coins are likely to degenerate in search of a small-cap gem that will give them easy 10x gains on the token as soon as it launches on Uniswap.
Best Crypto Token Burn?
Burn Kenny Coin is committed to bringing the highest possible value to investors.
That’s why, in keeping with its name, the Burn Kenny Coin has a built-in burn mechanism designed to create deflation and raise the price of $KENNY over time.
The team has dedicated a whopping 30% of the token supply for future token burns.
Unlike many deflationary token designs that burn, sometimes intermittently, for long periods, Burn Kenny Coin takes a different and probably more profitable one for its buyers and coin holders: the burn mechanism kicks in 24 hours after the DEX listing and lasts for just three days.
That means, assuming the price of $KENNY is at least able to sustain its pre-sale price of $0.0001875, tokens worth at least $375,000 will be gone in just 72 hours.
Imagine if $KENNY made a 5 or 10x.
We could be talking about millions worth of token burns.
That could easily rank Burn Kenny Coin as the best crypto token burning program.
according to Cryptoeye.ioThe main coin burned in the last 24 hours was Verasity, with $466,000 in tokens taken out of circulation, followed by OpenOcean with just over $10,000.
learn more here
Investors will need to move quickly before $KENNY explodes
In the fast-moving world of crypto meme coin markets, speed is of the essence if an investor wants to get into a token early before it explodes.
Thanks to Burn Kenny Coin’s low pre-sale availability and pent-up demand, small market cap, huge marketing push and social media hype, and industry-leading token burn, $KENNY is unlikely to stay at its pre-sale price of $0.0001875 for long.
Those who want to get in on the project early will need to be at their desk ready to hit the buy button as soon as $KENNY trading starts on Uniswap at 18:00 CET on Monday.
Be sure to follow Burn Kenny Coin on Twitter and Telegram so you don’t miss any important updates.
Presale investors can claim their tokens as soon as DEX trading launches on Monday.
Get $KENNY before the rest of the crypto space takes notice, and you could make easy 10x profit.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.
