$DKEN Market Cap Unlock Giveaway and Burn Event
Welcome to the official wiki page for the $DKEN Token Burn and Market Cap Unlock Events!
The Dead Kenny Market Cap Unlock event and token burn is designed to reward our amazing community while reducing the total supply of $DKEN tokens through a fun and engaging event. Below, you will find all the details you need to join the excitement and win some sizable cash!
📅 Event Overview
We are thrilled to announce that we will burn 1.219 billion $DKEN (1.3%) tokens at the conclusion of the inaugural week launch, Saturday July 7. In tandem with this burn, beginning on public trading launch day (July 2) we are launching a never before seen community Market Cap Unlock giveaway event. This event automatically enters $DKEN wallets with a net balance of $25 or more into a cash equivalent sweepstakes drawing.
Upon crossing each of the identified market cap thresholds ($5mil, $10mil, $20mil) an automated screenshot of all wallets meeting the $DKEN USD balance minimum will be captured and each qualifying wallet will receive ONE drawing entry. Additionally, the market cap unlock drawing aims to incentivize our top $DKEN holders, and in doing so, the top 800 wallets based on quantity of $DKEN holdings will each receive ONE additional drawing entry.
Within 24 hours the entries will be randomly drawn from a pool in accordance with the Market Cap Unlock reward. Only ONE previously identified award is distributed for each target. Winners will be notified via exclusive NFT sent to their $DKEN wallet and will have 72 hours to respond according to redemption instructions contained therein. Prizes awarded in cash value equivalent will fully redeem to conversion of Solana, Bitcoin, Ethereum or USDT, based upon index market price at time of NFT notification. Prizes awarded as inclusive trips, gifts or other non-monetary transaction require follow through instructions to be completed within 14 calendar days, as described via NFT notification.
🎟️ How to Participate
Event Start: July 2, 2024, 7 PM UTC.
Acquire and maintain a minimum of $25 USD in $DKEN
Follow $DKEN on Dexscreener and X (@DKENonSol): Progress updates and wallet rankings will be released periodically
Event Duration: The event is ongoing until all market cap targets have been achieved. At conclusion additional market cap targets may be immediately introduced.
Snapshot: Upon crossing each of the identified Market Cap thresholds ($5mil, $10mil, $20mil) an automated screenshot will capture all wallet holders with a net positive $DKEN balance of $25 USD, or greater. Each respective wallet holder will receive ONE drawing entry, with ONE additional entry being granted to each top 800 $DKEN wallet holder.
Announcement & Redemption: Upon crossing each market cap target an announcement will be made via official $DKEN X and Telegram accounts. The drawing will be held within 24 hours, as announced via official channels, and consists of only entries for $DKEN wallets meeting the above specified criteria. Each winner will be notified via NFT distribution to their $DKEN wallet with instructions on how to redeem. Each recipient will have 72 to respond via the instructions contained therein. Unclaimed prizes will be redrawn within 24 hours, with use of the original wallet holder capture, minus all previous winners. 🎁
📅 Key Dates
$DKEN Public Trading Launch: Tuesday July 2, 2024, 3 PM EST / 7 PM UTC.
1.219 Billion $DKEN Token Burn: Saturday July 7, 2024.
🔥 Why Burning is Important
Burning tokens is a significant event for the $DKEN community and the token's value. Here's why:
Supply Reduction: Burning tokens decreases the total supply of $DKEN, making the remaining tokens more scarce.
Value Increase: With a lower supply, the value of each remaining token increases, benefiting all token holders.
Community Trust: Regular token burns show a commitment to maintaining and potentially increasing the token's value, building trust within the community. In short? We give up profit and gains for every token holder!
Join the $DKEN community and take part in this exciting opportunity to win big!
For more details and updates, follow us on Twitter or Telegram.
Good luck to all participants!
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