The NYC token, launched by former New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$110M, after USDC liquidity manipulation
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Related Coverage
- Former ‘bitcoin mayor’ Eric Adams faces $3 million rugpull allegation after issuing NYC Token Yahoo Finance · Shaurya Malwa
- Eric Adams' NYC Token Faces Scrutiny After Liquidity Moves Raise Rug Pull Concers BeInCrypto · Kamina Bashir
- Eric Adams' NYC token surges then crashes, raising questions of rugpull Bitcoin Insider · Ananthu C U
- Just-In: After Trump and Melania, NY Mayor Announces New Meme Coin CoinGape
- Former New York Mayor Eric Adams' NYC Token Surges Then Plunges 80% The Crypto Times · Kenrodgers Fabian
- Ex-NYC mayor unveils ‘NYC Token’ memecoin weeks after leaving office Cointelegraph · Brayden Lindrea
- Eric Adams' NYC Token Crashes 80% Amid Controversy Coinpedia Fintech News · Sohrab Khawas
- Ex-NYC Mayor Eric Adams' NYC Token tanks over 80% as team allegedly manipulates trading activity Crypto Briefing · Vivian Nguyen
- Eric Adams launches NYC Token StateScoop · Colin Wood
- Former NYC mayor Eric Adams unveils NYC token, raising rug pull concerns crypto.news · Rony Roy
- Eric Adams' NYC Token Crashes After $700M Surge, Raising Rug Pull Fears Coinpedia Fintech News · Debashree Patra
- Eric Adams' next act is exactly what you thought it might be Politico · Emily Ngo
- Eric Adams Joins Trump, Melania Meme Coins With NYC Token That Crashes 81% In A Day Benzinga · Parshwa Turakhiya
- Eric Adams' memecoin team deflects after 82% crash: ‘Our partners had to rebalance the liquidity’ DL News · Tim Craig
- Former NYC mayor backed token tumbles on Solana amid liquidity fears CoinJournal · Diya Poddar
- Former Mayor Eric Adams Under Fire for NYC Token Rug Pull Claims Blockonomi · Maxwell Mutuma
- Former NYC Mayor Eric Adams Suspected of Rug Pull in Latest Token Launch Coinspeaker · Godfrey Benjamin
- Eric Adams' NYC Token Crashes Amid Liquidity Concerns Unchained
- Ex-NYC Mayor's Token Turns Rug Pull Nightmare: Over $3 Million Drained from Liquidity Pools CryptoPotato · Chayanika Deka
- Eric Adams' NYC Token Explodes Into Crypto With $700M Frenzy, 80% Crash, and Rug Pull Fears CryptoNinjas · Liam Turner
- Investors cry foul over former NYC Mayor Eric Adams's crypto launch: ‘Such an obvious rug’ Fortune · Leo Schwartz
- Did Mayor Adams Execute a Classic ‘Rug Pull’ After Launch of NYC Token Crypto Coin? New York Sun · Joseph Curl
- Ex-NYC mayor Eric Adams just launched a crypto coin. It's already a dumpster fire New Jersey Online · Nick Moyle
- Eric Adams slammed for ‘pulling the rug’ on new NYC crypto coin, costing investors millions Washington Examiner · Claire Carter
- Eric Adams' NYC Token Crashes 80% in Hours, Offering a Stark Lesson in Why Bitcoin Is Different Bitcoin Magazine · Micah Zimmerman
- Eric Adams' NYC Memecoin Crashes After Debut, Sparking Outcry Bloomberg
- Former New York Mayor's NYC memecoin rugpulls investors at launch, and the method used was shockingly brazen CryptoSlate · Liam ‘Akiba’ Wright
- Eric Adams was accused of bribery, now he's rug-pulled NYC Token Protos · Bennett Tomlin
- Former NYC Mayor Eric Adams Faces ‘Rug Pull’ Allegations After Crypto Launch Breitbart · Lucas Nolan
- Out Of Office, Into Crypto: Ex-NYC Mayor Debuts ‘NYC Token’ Memecoin Bitcoinist.com · Christian Encila
- Eric Adams' NYC Token Sees 80% Drop On Launch-Day The Crypto Basic · Zabi
Discussion
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@runecrypto_
Rune
on x
Eric Adams, former NYC major, has just removed the whole liquidity pool of his new memecoin: a total of $3,430,000 scammed [image]
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@ericadamsfornyc
Eric Adams
on x
Proud to launch @buynyctoken, a new token built to fight the rapid spread of antisemitism and anti-Americanism across this country and now in New York City. Now live at https://www.buynyctoken.com/ [video]
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@bubblemaps
@bubblemaps
on x
Suspicious LP activity on $NYC 🚨 Launched by Eric Adams, former mayor of New York The team extracted over $1M by cycling USDC in and out of the liquidity pools [image]
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@runecrypto_
Rune
on x
Eric Adams, former NYC major, has just removed liquidity of his new memecoin, $NYC, scamming investors for over $2,536,301 He launched a $NYC memecoin just 30 minutes ago, and has removed its liquidity after promoting it on his personal social media, claiming to be the NYC token …
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@bonecondor
Chairman Birb Bernanke
on x
It's super cool that I can't use fucking Kraken in the state of New York but Eric Adams can just yoink $2.5M
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@setzeus
@setzeus
on x
> $2M Net Worth > NYC Memcoin > Rugged at $3.4M [image]
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@andyyy
Andy
on x
Looks like ex-mayor Adams has officially withdrawn over $3M in USDC from the LP of his newly launched ‘NYC’ token to help ‘fight the rapid spread of antisemitism and anti-Americanism’ in the US. Insane levels of crime. Wow. [image]
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@ericadamsfornyc
Eric Adams
on x
We're about to change the game.
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@pitdesi
Sheel Mohnot
on x
So embarrassing, even more embarrassing than $TRUMP because at least that one worked (allowed fraudsters and foreign agents to pay him directly for pardons and favoritism) But how could this token possibly fight antisemitism and anti-Americanism?
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@vishalkgupta
Vishal K. Gupta
on x
This has definitely not been approved by the New York DFS. Do you think the mayor has considered the ramifications of not having a Bitlicense?
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@eljaboom
@eljaboom
on x
Bro couldn't even wait 30 minutes before dumping 😂 [image]
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@daveweigel
David Weigel
on x
Who “invested” in an Eric Adams meme coin? Need to know, trying to unload some magic beans
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@traderdune
@traderdune
on x
Just send everything to zero please. I can't take this new normalization of complete retardation. [image]
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@dannyjokes
Danny Polishchuk
on x
.@ericadamsfornyc I put my life savings in this token to help you combat anti-semitism but you rug pulled it and now I'm more anti-Semitic than I've ever been. Please advise!
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@tomhschmidt
Tom Schmidt
on x
one trip to dubai will change a mf
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@pennycheck
@pennycheck
on x
Future president
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@dxrnell
@dxrnell
on x
Thankyou @ericadamsfornyc I trusted you and bought your token, now I'm down $230K [image]
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@0xbepis
@0xbepis
on x
Eric Adams just did what every failed politician does, and that is launch a memecoin. two weeks out of office, Adams announces “ $NYC Token” in Times Square with the pitch “Fight antisemitism and anti-Americanism with blockchain.” the coin opened at a $100 million dollar [image]
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@imperooterxbt
Scooter
on x
The N in NYC token stands for nuke [image]
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@matthew_sigel
@matthew_sigel
on x
At least it's on Solana?
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@mikeisaac
Rat King
on x
no denial of withdrawals, no denying any connections to the wallets i guess technically “withdrawing 3 million dollars” is indeed a “rebalancing of liquidity” in that you are making it far more illiquid [image]
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@mikeisaac
Rat King
on x
the hawk tuah lady pretty much had to go into witness protection for doing this same thing lol [image]