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Former NYC Mayor Eric Adams Launches NYC Token, Which Quickly Surges and Falls After Opening
Summary: According to sources, former New York City Mayor Eric Adams announced the launch of a cryptocurrency called NYC Token after leaving office, stating that the project aims to raise funds to combat anti-Semitism, anti-American sentiment, and promote children's blockchain education. Adams introduced the token at Times Square, but did not disclose partners, issuance time, fund ...
According to sources, former New York City Mayor Eric Adams announced the launch of a cryptocurrency called NYC Token after leaving office, stating that the project aims to raise funds to combat anti-Semitism, anti-American sentiment, and promote children's blockchain education. Adams introduced the token at Times Square, but did not disclose partners, issuance time, fund usage, or specific mechanisms, only stating that ordinary New Yorkers can participate in investments.
During his tenure, Adams strongly supported the crypto industry, but also faced controversy due to ethical and conflict of interest issues. The new mayor, Zohran Mamdani, has explicitly stated that he will not purchase the token.
According to information from the Eric Adams X platform, NYC Token appears to have been released on the Solana network about 1 hour ago, with its market value briefly surging to $200 million before quickly falling back to $93.98 million.
Users are reminded that the authenticity of the token is yet to be confirmed, and celebrity coins have high price volatility and uncertainty, so users should invest cautiously.
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Link: Former NYC Mayor Eric Adams Launches NYC Token, Which Quickly Surges and Falls After Opening [Copy]
