NYC TOKEN COLLAPSES JUST HOURS AFTER LAUNCH

Earlier today, a crypto token linked to former NYC Mayor Eric Adams was launched, promoted as a way to fund efforts against “antisemitism and anti-Americanism.” The token quickly drew attention—then collapsed.

What happened next 👇

• Price dropped over 81% from the peak

• Around $3.4M in liquidity reportedly removed shortly after launch

• On-chain analysts flagged heavy centralization and suspicious wallet activity

• Nearly 70% of total supply held in a so-called “reserve”

• Liquidity patterns resembled previous rug-style launches

⚠️ Key takeaway:

Politics and memecoins remain a high-risk combination.

On-chain data doesn’t care about titles or headlines—only transparency and structure.

👀 Always follow the wallets, not the words.

$XVG

XVG
XVGUSDT
0.006133
+2.35%

$DUSK

DUSK
DUSKUSDT
0.10128
-2.14%

$DOLO

DOLO
DOLOUSDT
0.03696
+4.34%