This New South Park Meme Coin Just Raised $250,000 in 1 Hour – What Does it Do and How to Buy Early?
The meme coin market has seen a massive upswing in interest over the past 24 hours, partly due to the presale launch of the Burn Kenny ($KENNY) token. The token, bearing the name of the often-doomed South Park character, has accumulated over $390,000 in investments in the first day of its presale.
Burn Kenny has gained significant attention from investors, exceeding initial expectations. The token's creators, focused on maintaining a swift pace, have set a hard cap for the presale at $500,000. This decision is intended to hasten $KENNY's debut on the Uniswap DEX following the presale.
The $KENNY token is no stranger to success stories, having drawn inspiration from its predecessor, Mr. Hankey Coin ($HANKEY). The $HANKEY token found immediate support from the trading community during its presale, selling out in under 12 hours. Post-launch on Uniswap, $HANKEY's price skyrocketed, tripling in a matter of hours.
Currently priced at $0.0001875 per token during the presale, many within the meme coin community speculate that this could be an advantageous time to participate in the Burn Kenny presale before a potential price increase.
Visit Burn Kenny Here
Burn Kenny isn't solely built to draw investor attention but is also structured to ensure long-term growth. The token's design includes a deflationary burn mechanism set to initiate 24 hours after $KENNY's official launch.
According to the $KENNY whitepaper, the burn rate is scheduled at 10% every 24 hours until 30% of the total token supply is destroyed. This strategic burn mechanism will gradually reduce the circulating supply, adding scarcity and potentially amplifying $KENNY's price upswing.
The token's design also includes a generous liquidity pool allocation, accounting
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