🚨 BREAKING: Ex-NYC Mayor Eric Adams Faces Rug Pull Allegations After NYC Token Launch
Former New York City mayor and well-known crypto supporter Eric Adams is under fire after launching a new cryptocurrency called NYC Token in Times Square. The memecoin was promoted as a way to fund efforts against anti-Americanism and antisemitism and to educate youth about blockchain.
🔎 What happened?
• The Solana-based token surged quickly after launch.
• On-chain data later showed that over $3M in liquidity was pulled, triggering rug pull accusations.
• Traders raised concerns about centralization, lack of a proper whitepaper, and unclear use of funds.
📉 Market Reaction
• The token experienced extreme volatility, crashing more than 80% in a short time.
💬 Community Response
Crypto users and analysts are calling this a potential rug pull, warning traders about the risks of hype-driven memecoins backed by public figures.
⚠️ Always DYOR. Memecoins can move fast — and crash even faster.
#StrategyBTCPurchase #USDemocraticPartyBlueVault #USNonFarmPayrollReport #USTradeDeficitShrink #WriteToEarnUpgrade $BTC
