Ah, Mayor Adams, back from the mayorship and into the spotlight-this time with a memecoin that’s hotter than a summer day in Central Park… but not in a good way. 💸🔥
Adams unleashed the NYC Token, claiming it’d fight antisemitism and anti-Americanism. Bold move, or as we like to call it, “crypto with a side of political theater.” 🎭
“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.”
The token surged like a caffeinated squirrel on a trampoline, hitting $0.8 before nosediving to $0.1116. Because nothing says “trust” like an 81% drop in 30 minutes. 🐿️📉
“The token has since fallen over 81% from its peak with @Bubblemaps flagging suspicious LP activity with the team extracting $1M by cycling liquidity.”
Rug pulls are usually reserved for luxury apartments, not crypto. But hey, maybe Adams just wanted to redecorate. 🪑
Says Rune Crypto 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.”
The team claims it’s not a rug pull. Oh, it’s not? Then what’s that smell? 🕳️
“Given the overwhelming support and demand for the token at launch, our partners had to rebalance the liquidity. We are aware of reports flagging the transactions removing liquidity from the pool. The team commenced the funds for TWAP and added additional funds to the liquidity pool. We’re in it for the long haul!”
Oh, it’s just a “rebalancing act”? Sounds like a fancy term for a financial three-card monte! They’re adding funds now? After the liquidity vanished? Well, if the market’s a poker game, they just showed their hand… and it’s empty. 🃏
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2026-01-15 13:22