New Coin on Uniswap - Burn Kenny IDO Locks Liquidity For Three Months

New Coin on Uniswap – Burn Kenny IDO Locks Liquidity For Three Months

Updated: 21 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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New Uniswap listing Burn Kenny (KENNY) is a South Park-themed meme coin with locked liquidity for three months with team.finance. Low-cap gem hunters are enthusiastically joining the project, contributing to the impressive achievement of raising over $400,000 in less than 24 hours.

New memecoin Burn Kenny token presale raises over $400,000 already

Burn Kenny token has recently launched its highly anticipated presale and is already living up to the potential surrounding it. Within a short time since the presale’s launch yesterday, the $KENNY team has managed to raise $430,000, indicating a potential sell-out soon.

With the presale aiming to raise only $500,000 through the sale of 40% of the $KENNY token supply, it is possible for the entire allocation to be sold out in less than an hour. Find the list of the latest memecoins to watch in 2023 here.

This strong start to Burn Kenny coin’s presale puts it on a trajectory to surpass the success of its South Park-themed counterpart, Mr Hankey Coin, which raised $500,000 in under 10 hours and achieved a 3x gain following its decentralized exchange (DEX) launch.

Notably, presale investors can acquire $KENNY tokens for just $0.0001875 per token, and the quick sell-out of the presale suggests the potential for even greater gains when the coin launches on its own DEX, expected to occur on Friday.

$KENNY tokenomics: Large token burn strategy

Burn Kenny introduces a clever and effective burn mechanism that aligns perfectly with the token’s overarching theme. The circulating supply of $KENNY consists of 6,666,666,666 tokens, but the team plans to burn 30% of them after the scheduled DEX listing, amounting to roughly two billion $KENNY tokens.

This gradual burn, lasting over a period of three days, will amount to approximately two billion $KENNY tokens. Notably, the burn mechanism stands as a flagship feature of the project’s tokenomics, carrying the potential to enhance price growth.

The team’s decision to allocate such a significant percentage of the new meme token’s supply to a DEX liquidity lock marks a rare and confidence-boosting move amidst the often scam-ridden memecoin landscape. Moreover, they generously offer 40% of the total token supply to bold investors willing to engage in the prelaunch phase.

An additional 30% of the token supply will be contributed to the Uniswap pool, immersing the $KENNY liquidity into the unpredictable realm. This liquidity will remain locked for a period of three months, providing stability and potential growth opportunities within the Uniswap ecosystem.

Burn Kenny ($KENNY) roadmap

In the Launch Phase of Burn Kenny coin, the team initiates a presale, offering 40% of the tokens to early investors. Subsequently, a grand launch on Uniswap follows, with 30% of the tokens being allocated to the liquidity pool, which will remain locked for a duration of three months.

During the Burn Phase, set to commence 24 hours post-launch, a token-burning process unfolds, systematically extinguishing tokens at a rate of 10% every 24 hours until 30% of the total token supply is completely annihilated.

In the Post-Burn Phase, the team remains optimistic, anticipating the token’s resilience, akin to Kenny’s recurring resurrections in South Park. Their hopeful expectation is that the token will bounce back after the dramatic burning phase, and they aim to fulfil all their roadmap goals by the end of Q3 2023.

Secure $KENNY before the opportunity ends

With only $100,000 worth of $KENNY tokens left in the presale, a few significant purchases from whales could lead to a complete sell-out, making it essential for memecoin enthusiasts to act quickly and secure $KENNY at its most favorable price.

Just passed 400k for #Presale for $Kenny

Once we reach 500k cap we will be moving into the next phase of #BurnKennyToken launch and go live on DEX. Watch out for notifications for going LIVE🔥#Presale #Ethereum #ETH #ERC20 #Crypto #cryptocurrency #Web3 pic.twitter.com/cgvkzLZecc

— Burn Kenny (@BurnKennyCoin) July 21, 2023

To take advantage of the potential for 10x gains, memecoin enthusiasts should buy $KENNY using Ethereum during the presale. Simply connect your wallet to the Burn Kenny coin website, make a direct purchase, and claim your tokens after the presale ends.

Act promptly and be among the early investors in $KENNY before the broader crypto community catches on, giving you the opportunity to experience significant gains. Take part in the KENNY presale at burnkenny.vip.