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Burnt Kenny ($KENNY) has become the biggest name on the lips of meme coin buyers on Web3 ahead of its ICO launch this week due to an incredible 30% token burn.
newly launched Bernd Kenny ($Kenny) It has become one of the hottest projects in the space as it follows in the footsteps of another South Park-themed coin, Mr. Hankey Coin.
Not only did $HANKEY sell out its presale in just 10 hours, but it grew by almost 200% after reaching the exchanges.
Kenny can do one better and is preparing to break that record and sell in even less time.
The ability to burn increases euphoria
Token burns have long been an extremely effective method of driving up prices, sparking pumps and boosting the long-term health of a coin.
The likes of Shiba Inu, Chronos and Luna Classic have all used token burn to a hugely successful effect on their projects, and Burn Kenny is the latest to use a significant burn.
For example, while LUNC has only burned 1% of its massive token supply, KENNY is set to burn 30% of its tokens.
Furthermore, this burn will take place in only three days – which should see incredible volume and interest as buyers rush to secure their tokens.
The total supply is 6,666,666,666 tokens, but 2 billion of them will be removed in 72 hours, with Burn Kenny withdrawing 10% per day for the first three days after launching on the decentralized exchange.
Not only could this fuel FOMO among other investors, but it could also encourage holding – buyers holding tokens for long periods of time, knowing the price could rally.
Thoughtful ICO can sell out in a matter of hours
burn kenny Following in the footsteps of another shitcoin, Mr. Hankey Coin, has offered a discreet ICO launch that will bring many benefits to the project as a whole.
Expected on Thursday, July 20th, the ICO is rumored to start at 6pm CET – however, buyers will need to follow the project’s social media channels (below) to find out the exact time of launch.
That secretive launch has piqued the interest of buyers even more, even though the ICO’s small hard cap is only $500k and the fixed price is $0.0001875.
This small price, with no minimum or maximum investment, makes it open to all and also prevents early adopters from dumping on latecomers – something that has been seen in many presales in recent times.
HANKEY sold out in just 10 hours, but KENNY could do even better given its strong pricing, which Mr. Hankey Coin didn’t offer.
2,666,666,666 tokens (40% of the supply) will be offered in the presale and the last 30% will be set aside for liquidity.
This large amount of liquidity will ensure that all trades are completed and should ensure high trading volumes – Liquidity is also locked in meaning there is no possibility of pulling the rug or pump-and-dump.
Burn Kenny Token is developed by an unknown group, but they are very well placed in Web3 with long experience of success and connections in many alpha investment groups and exchanges.
KENNY has already caught the attention of token analysts and traders on YouTube, One called it a ‘rocket ship’,
For more information about the project, read white paper – Tokens can be bought burnkenny.vip With ETH or USDT.
follow the twitter page and join telegram group To receive the exact timing of the launch and the latest news on the project.
Disclaimer: The above article is sponsored content, and is written by a third party, and is for promotional purposes only. It does not represent the opinions or views of Cryptopotatoes, and nothing herein should be construed as financial advice. Readers are strongly advised to independently and carefully verify the information. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above sponsored content.
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