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NYC Token: Noted the reports regarding "liquidity removal" and have added funds to the liquidity pool.
On January 13th, in response to the NYC Token rapidly surging and then pulling back after its launch, which attracted community attention, the project issued a statement on the X platform clarifying that due to the unexpectedly strong market support and demand during the initial token launch, NYC Token partners conducted a liquidity rebalancing operation on the liquidity pool. The team has now become aware of community reports regarding some “liquidity removal” activities, and has initiated TWAP funding efforts, added funds to the liquidity pool, and emphasized that the team will invest long-term in the project’s development. Previously, it was reported that former New York City Mayor Eric Adams announced the launch of a cryptocurrency called “NYC Token” after leaving office, claiming that the project aims to raise funds to combat anti-Semitism, anti-American sentiments, and promote blockchain education for children. Adams introduced the token publicly in Times Square but did not disclose partners, issuance date, fund usage, or specific mechanisms, only stating that ordinary New Yorkers could participate in the investment.