As anticipation rises in the crypto community, the South Park-themed meme coin, Burn Kenny, has seized attention ahead of its launch on the decentralized exchange, Uniswap.
Set to go live on Monday, July 24, at 6 pm CET, the project draws attention with its unique approach to liquidity and token burn. Burn Kenny initially introduced itself last Thursday and quickly hit its $500k cap in under 48 hours.
Trading for $KENNY is expected to start on Uniswap later today. To ensure a reliable launch, 30% of the token’s supply has been set aside as liquidity for the next three months. Such actions, which can be confirmed on DEXTools and Team Finance, aren't a standard in the meme coin market. It emphasizes the project’s legitimacy, minimizing the risk of unwarranted activities like a rug pull.
Its commitment to token burns is a prominent feature that sets Burn Kenny apart. Consistent with its name, a significant 30% token burn is in place. It's a nod to the recurring South Park theme where the character Kenny faces untimely endings.
Unlike many crypto assets that spread out their burns, Burn Kenny’s approach is more immediate. The burning starts 24 hours post DEX listing and continues for three days, aiming to remove a significant portion of its supply in a short timeframe.
For those puzzled by the candlestick on the $KENNY chart before the official trade launch, it resulted from a bot’s early access during the liquidity lock phase. The situation has been addressed, and trading was halted.
The narrative surrounding Burn Kenny suggests potential success upon its Uniswap launch. Comparing it with a similar coin, Mr. Hankey, which saw a threefold increase from its presale price, Burn Kenny might have a promising trajectory.
The interest
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